Home#ForeclosurepediaNationGuardian Lands 74 Percent of HUD M&M FSM Bridge Contracts

Guardian Lands 74 Percent of HUD M&M FSM Bridge Contracts

Pricing and Area Award Data Show An Enormous Footprint For The Two Month With Six Additional Months Options

It should come as no surprise that Guardian Asset Management landed 74 percent of all HUD M&M FSM contract awards in the latest round issued. On background, The FSM 3.12 procurement strategy was Unrestricted. The FSM 3.12 solicitation closed on April 19, 2021, and allowed potential offerors to submit competitive proposals. Awards were made on May 31, 2022, and June 14, 2022. The Agency received GAO protests on June 28, 2022. The protests were dismissed on August 01, 2022, as a result of the Agency decision to take corrective action, which was completed February 1, 2023. On February 13, 2023, further protests were filed. HUD completed corrective action on the FSM 3.12 on February 1, 2023. Three protests followed on February 13, 2023. Under the circumstances, it is totally impracticable to solicit or evaluate other offerors beyond the incumbents before the contracts expire on March 31, 2023.

The Awards rolled out as follows:

Atlanta HOC
3A – DGG/Guardian
4A – DGG/Guardian
5A – DGG/Guardian
6A – Innotion Enterprises
7A – Alpine Companies
8A – DGG/Guardian

Denver HOC
1D – DGG/Guardian
2D – DGG/Guardian
4D – DGG/Guardian
5D – DGG/Guardian

Philadelphia HOC
1P – DGG/Guardian
3P – DGG/Guardian
4P – BLM Companies
5P – BLM Companies

Santa Ana HOC
3S/5S – DGG/Guardian
4S – DGG/Guardian
6S – DGG/Guardian

Below is the pricing data direct from HUD

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