Provision of specialty medicare administrative contractor (smac) services.

Active Definitive Contract Awarded Last action

Contract number
60RRBH24C0001
Awardee
Awarding agency
Obligated
$42,288,327

Award facts

Opportunity
Contract value 27% obligated
  • $54,180,295.57 Current, with exercised options
  • $156,433,013.57 Potential, with all options
Completion date 22% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 2 offers Negotiated Proposal / Quote
Pricing
Cost Plus Award Fee
Place of performance
Columbia, SC 29203, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00012 · 09/02/2026, modification P00012 issued to revise section i clause, updating POC information for contracting officer's representative. $0
Other Administrative Action P00011 · 09/01/2026, modification P00011 issued to accept contactor's REA for provision of option year two services. $0
Exercise an Option P00010 · 07/29/2026, modification P00010 issued to exercise option year two services and obligate additional funding. $7,418,600
Funding Only Action P00009 · 05/19/2026, modification P00009 issued to incorporate CMS directed CR 1443-enable direct connectivity between "provider compliance group fast healthcare… $3,910,170
Other Administrative Action P00008 · 02/11/2026, modification P00008 issued to accept contractor's request for an equitable adjustment and obligate additional funding. $5,671,230
Funding Only Action P00007 · 09/30/2025, modification P00007 issued to obligate additional funding. $22,032
Exercise an Option P00006 · 07/25/2025, modification P00006 issued to 1) exercise option year one services, 2) accept the contractor's request for equitable adjustment, and 3) obligate… $10,229,877
Funding Only Action P00005 · 05/15/2025, modification P00005 issued to obligate additional funding in the amount of $1,287,103.10. $1,287,103
Other Administrative Action P00004 · 03/04/2025, modification P00004 issued to formally accept the REA for provision of C59658 firmware integrity scanning services and obligate additional funding. $379,665
Funding Only Action P00003 · 01/30/2025, modification P00003 issued to obligate additional funding. $6,566,575
Other Administrative Action P00002 · 11/12/2024, modification P00002 issued to edit the estimated costs of sub-clins 0002AA, 0002AB, 0002AC, and 0005AA, and edit section RRB.d.03.d. Small… $0
Funding Only Action P00001 · 09/30/2024, modification P00001 issued to edit contract pops, obligate funding for new services, and DE-obligate funding. -$1,187,465
Original award $7,990,540
Show all 13

About this award

The Railroad Retirement Board awarded a definitive contract to Palmetto GBA, LLC for specialty Medicare Administrative Contractor (SMAC) services on August 19, 2024, with a ceiling value of $156.4 million and no set-aside designation.

The contract covers health insurance benefit administration services, with place of performance in Columbia, SC. The ultimate completion date is September 30, 2034. Modification P00011 was issued on September 1, 2026 to accept the contractor's request for equitable adjustment for Option Year Two services. The contract is structured as cost plus award fee.

In fiscal year 2025, the most recent reporting period, Palmetto GBA invoiced $19.4 million and deployed 125 FTEs across 260,844 contractor hours. The derived government-paid hourly rate declined from $89.68 in FY2024 to $74.56 in FY2025. The contractor subcontracted approximately 3 percent of labor hours to a team of specialty vendors.

Quick answers

Who was awarded contract 60RRBH24C0001?

60RRBH24C0001 was awarded to Palmetto Gba, LLC by Railroad Retirement Board on August 19, 2024.

How much is contract 60RRBH24C0001 worth?

The government has obligated $42,288,327 on 60RRBH24C0001. Its current value, with exercised options, is $54,180,296. Its potential value, with all options, is $156,433,014.

Was contract 60RRBH24C0001 competed?

The extent of competition for 60RRBH24C0001 was full and open competition. The government received 2 offers.

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