Fcic board expert review of fire insurance-smoke index for contracting information: pedro arritola-vazquez at
Ended Awarded Last action
- Contract number
- 12FPC124F0050
- Awardee
-
Oliver Wyman Actuarial Consulting Inc. UEI KME7ZSE4MVL8 Part of Marsh & Mclennan Companies Inc.
- Awarding agency
-
Farm Production and Conservation
Department of Agriculture
- Obligated
- $35,263
Award facts
- Contract value 100% obligated
- $35,262.50 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Risk Management Agency Department of Agriculture
- NAICS code
- 541990 All Other Professional, Scientific, and Technical Services
- Set-aside
- No set-aside
- Competition
- Competed under SAP · 1 offer Simplified Acquisition
- Pricing
- Labor Hours
- Place of performance
- New York, NY 10036, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$2,738 | |
| Original award | $38,000 |
About this award
This is a federal contract award from the U.S. Department of Agriculture's (USDA) Risk Management Agency (RMA) to Oliver Wyman Actuarial Consulting Inc., a subsidiary of Marsh & McLennan Companies Inc. The contract is a Blanket Purchase Agreement (BPA) valued at $250,000, which allows the RMA to issue task orders for Oliver Wyman to provide expert actuarial and underwriting review services related to federal crop insurance programs.
The specific task order referenced in the award is for a $35,262.50 contract to review and provide expert analysis on a fire insurance-smoke index for the Federal Crop Insurance Corporation (FCIC). This task order involves deobligating excess funding and closing the BPA call. The contract is not set aside and was competitively awarded. Oliver Wyman Actuarial Consulting Inc. has a history of providing specialized actuarial expertise to support improvements to USDA crop insurance offerings.
Quick answers
Who was awarded contract 12FPC124F0050?
12FPC124F0050 was awarded to Oliver Wyman Actuarial Consulting Inc. by Farm Production and Conservation (Department of Agriculture) on March 12, 2024.
How much is contract 12FPC124F0050 worth?
The government has obligated $35,263 on 12FPC124F0050.
Which agency awarded contract 12FPC124F0050?
Farm Production and Conservation (Department of Agriculture) awarded 12FPC124F0050, with funding from Risk Management Agency (Department of Agriculture).
Is contract 12FPC124F0050 an order under another contract?
Yes. 12FPC124F0050 is a BPA call under 12FPC124A0002, a blanket purchase agreement.
Was contract 12FPC124F0050 competed?
The extent of competition for 12FPC124F0050 was competed under sap. The government received 1 offer.
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