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  5. ›RFP #2323 - PROPERTY MANAGEMENT SERVICES FOR ELIZABETH HOUSE III

Awarded contract·Housing Opportunities Commission of Montgomery County·Maryland

RFP #2323 - PROPERTY MANAGEMENT SERVICES FOR ELIZABETH HOUSE III

Won by Habitat America, LLC$250kAwarded 8/1/2022Single Award
Contract source

Awarded vendors

  • Habitat America, LLC

Description

This contract awards Habitat America, LLC the responsibility for comprehensive property management services for the Elizabeth House III residential complex. The agency (identified by the hocmd.org email domain) selected the vendor to handle all day‑to‑day operations, maintenance coordination, tenant relations, and financial reporting for the property. The award was made on August 1, 2022, but the contract’s term, renewal options, and monetary value are not disclosed in the source material. • Scope: Full‑service property management for a residential building (maintenance, leasing, tenant services, financial oversight). • Vendor: Habitat America, LLC – a private firm specializing in affordable‑housing management. • Award: Single‑vendor award issued on August 1, 2022; no competing bids or deadline information provided.

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Intent to award
8/1/2022
Awarded
8/1/2022
Starts
8/1/2022

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Custodial and Facilities Services
NAICS
531311
Solicitation №
RFP #2323

Contract value

$250,000

No contract value is disclosed. Typical property‑management fees for a mid‑size residential building range from $40,000 to $60,000 per year, depending on the size of the property and service scope. Assuming a 3‑year contract term (a common duration for such agreements) and a mid‑range fee of $50,000 annually, the total contract value would be roughly $150,000. If the term is longer (e.g., 5 years), the estimate would rise to about $250,000. Given the lack of precise data, a conservative ball‑park estimate of $150,000–$250,000 is reasonable.

AI estimate from the award documents

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