Moratorium class waiver number: x-fpac-197
Ended Awarded Last action
- Contract number
- 12FPC125F0083
- Awardee
-
Oliver Wyman Actuarial Consulting Inc. UEI KME7ZSE4MVL8 Part of Marsh & Mclennan Companies Inc.
- Awarding agency
-
Farm Production and Conservation
Department of Agriculture
- Obligated
- $20,005
Award facts
- Contract value 100% obligated
- $20,005.00 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
- Not Competed under SAP · 1 offer Simplified Acquisition
- Pricing
- Labor Hours
- Place of performance
- New York, NY, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$8,795 | |
| Original award | $28,800 |
About this award
The U.S. Department of Agriculture's Risk Management Agency awarded a $20,005 contract to Oliver Wyman Actuarial Consulting Inc. on September 3, 2025, with an ultimate completion date of September 29, 2025. This Blanket Purchase Agreement (BPA) call order, issued without set-aside designation, tasks Oliver Wyman with conducting an expert actuarial and underwriting review of hybrid wheat seed crop insurance products. The work will be performed in New York, New York, and the contract utilizes labor-hour pricing for the specialized technical services required. Oliver Wyman, a subsidiary of Marsh & McLennan Companies Inc., holds a significant $250,000 BPA with the Risk Management Agency through September 30, 2028, which authorizes task orders for actuarial and underwriting expert reviews of crop insurance policies and related materials as required by the Federal Crop Insurance Act.
This award reflects the contractor's established expertise in agricultural insurance policy analysis and risk assessment. Oliver Wyman has successfully competed for multiple task orders under its existing BPA to conduct in-depth technical reviews of various crop insurance programs, including Dairy Revenue Protection, Livestock Gross Margin programs, and other policy modifications. The contract is part of the Risk Management Agency's ongoing effort to ensure the actuarial soundness and effectiveness of federal crop insurance offerings through independent expert evaluation of new and modified insurance products.
Quick answers
Who was awarded contract 12FPC125F0083?
12FPC125F0083 was awarded to Oliver Wyman Actuarial Consulting Inc. by Farm Production and Conservation (Department of Agriculture) on September 3, 2025.
How much is contract 12FPC125F0083 worth?
The government has obligated $20,005 on 12FPC125F0083.
Which agency awarded contract 12FPC125F0083?
Farm Production and Conservation (Department of Agriculture) awarded 12FPC125F0083, with funding from Risk Management Agency (Department of Agriculture).
Is contract 12FPC125F0083 an order under another contract?
Yes. 12FPC125F0083 is a BPA call under 12FPC124A0002, a blanket purchase agreement.
Was contract 12FPC125F0083 competed?
The extent of competition for 12FPC125F0083 was not competed under sap. The government received 1 offer.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award