DHS Fema Awards $170K for Florida Property Management Services to Aesthetics Home Investments, LLC

Contract Overview

Contract Amount: $170,494 ($170.5K)

Contractor: Aesthetic Home Investments LLC

Awarding Agency: Department of Homeland Security

Start Date: 2024-12-14

End Date: 2026-06-13

Contract Duration: 546 days

Daily Burn Rate: $312/day

Competition Type: COMPETED UNDER SAP

Number of Offers Received: 22

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: AESTHETICS HOME INVESTMENTS, LLC. THE PURPOSE OF THIS BPA CALL ORDER IS TO PROVIDE PROPERTY MANAGEMENT SERVICES FOR THE FLORIDA DIRECT LEASE PROGRAM BY PROVIDING TURNKEY 1-, 2-, 3-, OR 4-BEDROOM FURNISHED RESIDENTIAL UNITS SUPPORTING DR4828-4834FL.

Place of Performance

Location: CLEARWATER, PINELLAS County, FLORIDA, 33759

State: Florida Government Spending

Plain-Language Summary

Department of Homeland Security obligated $170,494 to AESTHETIC HOME INVESTMENTS LLC for work described as: AESTHETICS HOME INVESTMENTS, LLC. THE PURPOSE OF THIS BPA CALL ORDER IS TO PROVIDE PROPERTY MANAGEMENT SERVICES FOR THE FLORIDA DIRECT LEASE PROGRAM BY PROVIDING TURNKEY 1-, 2-, 3-, OR 4-BEDROOM FURNISHED RESIDENTIAL UNITS SUPPORTING DR4828-4834FL. Key points: 1. Contract awarded for property management services for the Florida Direct Lease Program. 2. Services include providing furnished residential units for 1-4 bedrooms. 3. The contract is a Firm Fixed Price (FFP) type. 4. The contract was competed under Simplified Acquisition Procedures (SAP).

Value Assessment

Rating: fair

The contract value of $170,494 for 546 days of service appears reasonable for property management of furnished residential units. Benchmarking against similar contracts for property management in Florida would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was competed under Simplified Acquisition Procedures (SAP), indicating a competitive process for awards under $250,000. This method generally allows for adequate price discovery through multiple quotes.

Taxpayer Impact: The use of competitive procedures under SAP aims to ensure taxpayer funds are used efficiently for necessary property management services.

Public Impact

Supports the Florida Direct Lease Program, likely assisting individuals or families in need of housing. Provides furnished residential units, potentially reducing immediate out-of-pocket expenses for occupants. The contract duration of over 1.5 years ensures continuity of services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Lack of specific performance metrics in the provided data.
  • Potential for cost overruns if unforeseen property maintenance issues arise.

Positive Signals

  • Competitive award process.
  • Firm Fixed Price contract type provides cost certainty.
  • Supports a government program with a clear need.

Sector Analysis

This contract falls within the Real Estate and Rental and Leasing sector, specifically related to residential property management. Spending in this sector can vary significantly based on geographic location and program requirements.

Small Business Impact

The data indicates the awardee is AESTHETICS HOME INVESTMENTS LLC. It is unclear from the provided information if this is a small business or if small business participation was a consideration in the award.

Oversight & Accountability

The contract was awarded by the Department of Homeland Security, Federal Emergency Management Agency (FEMA), suggesting oversight by a federal agency. Further details on performance monitoring and accountability would be needed for a full assessment.

Related Government Programs

  • Lessors of Residential Buildings and Dwellings
  • Department of Homeland Security Contracting
  • Federal Emergency Management Agency Programs

Risk Flags

  • Contract duration exceeds one year.
  • Contract awarded to a single entity.
  • Potential for scope creep if additional services are required.
  • Limited information on contractor's past performance.

Tags

lessors-of-residential-buildings-and-dwe, department-of-homeland-security, fl, bpa-call, 100k-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Homeland Security awarded $170,494 to AESTHETIC HOME INVESTMENTS LLC. AESTHETICS HOME INVESTMENTS, LLC. THE PURPOSE OF THIS BPA CALL ORDER IS TO PROVIDE PROPERTY MANAGEMENT SERVICES FOR THE FLORIDA DIRECT LEASE PROGRAM BY PROVIDING TURNKEY 1-, 2-, 3-, OR 4-BEDROOM FURNISHED RESIDENTIAL UNITS SUPPORTING DR4828-4834FL.

Who is the contractor on this award?

The obligated recipient is AESTHETIC HOME INVESTMENTS LLC.

Which agency awarded this contract?

Awarding agency: Department of Homeland Security (Federal Emergency Management Agency).

What is the total obligated amount?

The obligated amount is $170,494.

What is the period of performance?

Start: 2024-12-14. End: 2026-06-13.

What are the specific performance standards and key performance indicators (KPIs) for the property management services to ensure quality and value?

The provided data does not detail specific performance standards or KPIs. A thorough review of the BPA Call Order's statement of work and any associated performance metrics would be necessary to assess the quality and value of the services. These typically include response times for maintenance requests, property condition standards, and tenant satisfaction.

What is the historical performance of AESTHETICS HOME INVESTMENTS, LLC on similar government contracts?

Information regarding the contractor's historical performance on similar government contracts is not included in the provided data. A review of past performance records, such as CPARS reports, would be crucial to evaluate their reliability and effectiveness in delivering property management services.

How does the cost per unit compare to market rates for furnished residential rentals in the specified Florida locations?

A direct comparison of the cost per unit to market rates is not possible without knowing the exact number of units and their specific locations within Florida. However, the total contract value and duration suggest a need for a significant number of units. Benchmarking against local rental market data for comparable furnished properties is essential for a comprehensive value assessment.

Industry Classification

NAICS: Real Estate and Rental and LeasingLessors of Real EstateLessors of Residential Buildings and Dwellings

Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTYMAINT, ALTER, REPAIR BUILDINGS

Competition & Pricing

Extent Competed: COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Offers Received: 22

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1972 WEDGEWOOD DR, SANFORD, NC, 27332

Business Categories: Black American Owned Business, Category Business, Economically Disadvantaged Women Owned Small Business, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Financial Breakdown

Contract Ceiling: $170,494

Exercised Options: $170,494

Current Obligation: $170,494

Actual Outlays: $94,920

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 70FBR425A00000009

IDV Type: BPA

Timeline

Start Date: 2024-12-14

Current End Date: 2026-06-13

Potential End Date: 2026-06-13 00:00:00

Last Modified: 2026-04-03

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