HUD awards $28.7M for Field Service Management to Innotion Enterprises, Inc
Contract Overview
Contract Amount: $28,671,876 ($28.7M)
Contractor: Innotion Enterprises, Inc.
Awarding Agency: Department of Housing and Urban Development
Start Date: 2010-06-01
End Date: 2017-08-18
Contract Duration: 2,635 days
Daily Burn Rate: $10.9K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 27
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: FIELD SERVICE MANAGER (FSM) M&M III-CONTRACT AREA 2A-3.
Place of Performance
Location: GAITHERSBURG, MONTGOMERY County, MARYLAND, 20879
State: Maryland Government Spending
Plain-Language Summary
Department of Housing and Urban Development obligated $28.7 million to INNOTION ENTERPRISES, INC. for work described as: FIELD SERVICE MANAGER (FSM) M&M III-CONTRACT AREA 2A-3. Key points: 1. Contract awarded to Innotion Enterprises, Inc. for $28.7 million. 2. The contract covers Field Service Manager (FSM) services. 3. Awarded by the Department of Housing and Urban Development. 4. Contract duration was 2635 days. 5. This contract was not awarded to a small business.
Value Assessment
Rating: fair
The contract value of $28.7 million over approximately 7 years suggests a moderate annual spend. Benchmarking against similar contracts for residential property management services would be necessary to assess if this pricing is competitive.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, indicating a robust price discovery process. This method generally leads to more competitive pricing as multiple vendors can bid.
Taxpayer Impact: The use of full and open competition aims to ensure taxpayer funds are used efficiently by securing the best value.
Public Impact
Impacts residents and properties managed under HUD programs. Ensures maintenance and management services are provided. Supports the operational efficiency of HUD-managed properties.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- No small business participation noted.
- Long contract duration could lead to price escalation risks.
Positive Signals
- Full and open competition utilized.
- Firm Fixed Price contract type can control costs.
Sector Analysis
This contract falls under residential property management services, a sector crucial for housing authorities. Spending benchmarks in this area are typically tied to property size, condition, and service scope.
Small Business Impact
The contract was not awarded to a small business, indicating a missed opportunity to support small business growth within this sector. Further analysis could explore if small businesses were prime or subcontractors.
Oversight & Accountability
The Department of Housing and Urban Development is responsible for overseeing this contract. Standard oversight mechanisms for definitive contracts would apply, including performance monitoring and payment verification.
Related Government Programs
- Residential Property Managers
- Department of Housing and Urban Development Contracting
- Department of Housing and Urban Development Programs
Risk Flags
- Lack of small business participation.
- Potential for price escalation over long contract duration.
- Limited insight into specific service scope and performance metrics.
- No indication of performance quality or contractor issues.
Tags
residential-property-managers, department-of-housing-and-urban-developm, md, definitive-contract, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Housing and Urban Development awarded $28.7 million to INNOTION ENTERPRISES, INC.. FIELD SERVICE MANAGER (FSM) M&M III-CONTRACT AREA 2A-3.
Who is the contractor on this award?
The obligated recipient is INNOTION ENTERPRISES, INC..
Which agency awarded this contract?
Awarding agency: Department of Housing and Urban Development (Department of Housing and Urban Development).
What is the total obligated amount?
The obligated amount is $28.7 million.
What is the period of performance?
Start: 2010-06-01. End: 2017-08-18.
What was the specific scope of services provided under this Field Service Manager contract?
The provided data indicates the contract was for Field Service Manager (FSM) services, specifically within Contract Area 2A-3. While the exact scope isn't detailed, FSM roles typically involve overseeing property maintenance, repairs, inspections, and ensuring compliance with housing standards for residential properties.
Were there any performance issues or contract modifications during the 7-year period?
The data does not provide details on performance issues or modifications. A comprehensive review would require accessing contract performance reports, modification history, and any associated documentation from the Department of Housing and Urban Development to assess contractor performance and any changes to the original terms.
How does the annual cost compare to industry benchmarks for similar property management contracts?
Without specific details on the properties managed (number of units, location, condition) and the exact services rendered, a precise comparison is difficult. However, an annual spend of approximately $4.1 million ($28.7M / 7 years) for managing HUD properties would need to be benchmarked against similar contracts in the region and for comparable property portfolios.
Industry Classification
NAICS: Real Estate and Rental and Leasing › Activities Related to Real Estate › Residential Property Managers
Product/Service Code: MAINT, REPAIR, ALTER REAL PROPERTY › MAINT, ALTER, REPAIR BUILDINGS
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Offers Received: 27
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 610 PROFESSIONAL DR STE 215, GAITHERSBURG, MD, 20879
Business Categories: Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, Hispanic American Owned Business, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $28,671,876
Exercised Options: $28,671,876
Current Obligation: $28,671,876
Contract Characteristics
Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED
Timeline
Start Date: 2010-06-01
Current End Date: 2017-08-18
Potential End Date: 2017-08-18 00:00:00
Last Modified: 2017-08-19
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