ESTATE-12448 - USA (Washington, DC) - Property Management Services - Deadline December 10,2026

(1) Vendor needs to provide property management services to the government authority located in Washington, DC. – Manage a residential property portfolio consisting of rental housing. Implement controls to ensure timely collection of rent and consistent enforcement of the lease, house and program rules among all tenants. Make daily rounds on the property, to reinforce lease compliance.– Maintain stabilized occupancy of 95% or higher and a minimum debt service coverage ratio of 1.15.– Maintain, update, and lease from the appropriate site–based wait list ensuring compliance with program rules, as applicable.– Perform regular inspections of the property and units. Maintain compliance with required HUD, investor, lender, and agency inspections.– Take necessary management action to address clients who are not complying with the lease requirements, up to and including eviction procedures.– The property management company is required to pursue bad debt. Any receipts collected must be recorded and put back into the property to assist with general operations.– Collect rent and assess special charges as required. Enforce rent collection policy consistently and proceed with the eviction of tenants who are not in compliance. Tenants are to receive a monthly rent statement at least 5 days in advance of the 1st of each month to notify them of the next month’s rent payment amount, any maintenance charges or fees, and location of where to tender rent.(2) All the questions must be submitted no later than November 16, 2026.