HUD awards $36.5M for Area PB Management and Market Services in Ohio
Contract Overview
Contract Amount: $36,503,248 ($36.5M)
Contractor: Chapman LAW Firm CO. LPA, (THE)
Awarding Agency: Department of Housing and Urban Development
Start Date: 2005-09-30
End Date: 2008-07-10
Contract Duration: 1,014 days
Daily Burn Rate: $36.0K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 9
Pricing Type: FIRM FIXED PRICE
Sector: Other
Official Description: MANAGEMENT AND MARKET SERVICES FOR AREA PB; MICHIGAN AND OHIO
Place of Performance
Location: CLEVELAND, CUYAHOGA County, OHIO, 44109
State: Ohio Government Spending
Plain-Language Summary
Department of Housing and Urban Development obligated $36.5 million to CHAPMAN LAW FIRM CO. LPA, (THE) for work described as: MANAGEMENT AND MARKET SERVICES FOR AREA PB; MICHIGAN AND OHIO Key points: 1. Contract awarded to Chapman Law Firm Co. LPA for $36.5M. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. The contract duration is over 3 years, indicating a significant service commitment. 4. The primary sector appears to be related to housing and property management.
Value Assessment
Rating: fair
The contract value of $36.5M over approximately 3 years suggests an average annual spend of around $12M. Without specific service details or benchmarks for 'Area PB Management and Market Services', a precise pricing assessment is difficult. However, the award amount is substantial.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under 'Full and Open Competition After Exclusion of Sources'. This indicates that while competition was sought, certain sources were initially excluded, which could have impacted the breadth of competition and final price discovery.
Taxpayer Impact: The use of full and open competition is generally positive for taxpayers as it aims to secure the best value. However, the exclusion of sources warrants further investigation to ensure maximum competition was achieved.
Public Impact
Residents in Michigan and Ohio may be impacted by the management and market services provided. The contract supports the Department of Housing and Urban Development's mission. Taxpayer funds are being utilized for these services, highlighting the need for efficient and effective service delivery.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Exclusion of sources in a full and open competition.
- Lack of specific details on 'Area PB Management and Market Services'.
Positive Signals
- Awarded under full and open competition.
- Contract duration suggests a stable service provision.
Sector Analysis
The contract falls under the 'Lessors of Residential Buildings and Dwellings' NAICS code (531110), indicating services related to property management and leasing. Spending benchmarks for this specific niche within HUD are not readily available, but the scale suggests a significant operational requirement.
Small Business Impact
The data indicates the award went to 'CHAPMAN LAW FIRM CO. LPA', which is not explicitly identified as a small business. Further analysis would be needed to determine if small business participation was a factor or if opportunities were missed.
Oversight & Accountability
The Department of Housing and Urban Development is the contracting and awarding agency. Oversight would focus on ensuring the contractor delivers the contracted services effectively and within budget, and that the competition process was fair and compliant.
Related Government Programs
- Lessors of Residential Buildings and Dwellings
- Department of Housing and Urban Development Contracting
- Department of Housing and Urban Development Programs
Risk Flags
- Potential for limited competition due to source exclusion.
- Lack of detailed service description hinders value assessment.
- Unclear impact on small businesses.
- Contract duration is significant, requiring sustained oversight.
Tags
lessors-of-residential-buildings-and-dwe, department-of-housing-and-urban-developm, oh, dca, 10m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of Housing and Urban Development awarded $36.5 million to CHAPMAN LAW FIRM CO. LPA, (THE). MANAGEMENT AND MARKET SERVICES FOR AREA PB; MICHIGAN AND OHIO
Who is the contractor on this award?
The obligated recipient is CHAPMAN LAW FIRM CO. LPA, (THE).
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 $36.5 million.
What is the period of performance?
Start: 2005-09-30. End: 2008-07-10.
What specific services fall under 'Area PB Management and Market Services' and how do they align with HUD's mission?
These services likely encompass a range of activities related to managing and marketing residential properties within specific geographic areas designated by HUD. This could include tenant relations, property maintenance oversight, lease administration, and market analysis to ensure optimal occupancy and fair rental rates. The alignment with HUD's mission would be in facilitating access to affordable and well-managed housing.
What was the rationale for excluding certain sources in a 'Full and Open Competition' scenario?
Excluding sources in a full and open competition typically occurs when specific capabilities, past performance, or security requirements are necessary that only a subset of potential offerors can meet. The rationale needs to be clearly documented by the agency to justify that the exclusion was necessary and did not unduly restrict competition, ensuring the government still received the best value.
How does the $36.5M contract value compare to similar contracts for property management services in the specified regions?
Benchmarking this contract's value requires detailed comparison with similar services in Michigan and Ohio. Factors like the number of units managed, types of properties (e.g., public housing, subsidized housing), and the scope of market services would be crucial. Without this granular data, it's difficult to definitively state if $36.5M represents excellent or fair value relative to the market.
Industry Classification
NAICS: Real Estate and Rental and Leasing › Lessors of Real Estate › Lessors of Residential Buildings and Dwellings
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › MANAGEMENT SUPPORT SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE
Offers Received: 9
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 925 KEYNOTE CIR FL 2, CLEVELAND, OH, 90
Business Categories: Category Business, Small Business
Financial Breakdown
Contract Ceiling: $36,503,248
Exercised Options: $36,503,248
Current Obligation: $36,503,248
Timeline
Start Date: 2005-09-30
Current End Date: 2008-07-10
Potential End Date: 2011-12-31 00:00:00
Last Modified: 2008-07-10
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