Marine insurance brokerage and fleet protection & indemnity insurance services
Ended Definitive Contract Awarded Last action
- Contract number
- 693JF720C000012
- Awardee
-
Arthur J Gallagher & Co UEI N9V9SNDLG6K9
- Awarding agency
-
Maritime Administration
Department of Transportation
- Obligated
- $5,602,314
Award facts
- Opportunity
-
- Marine Insurance Brokerage Services Pre-Solicitation · 693JF720R000004 · Posted Oct 24, 2019
- Marine Insurance Brokerage and Fleet Protection & Indemnity Insurance Services Pre-Solicitation · Posted Nov 13, 2019
- Contract value 100% obligated
- $5,602,314.03 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 524210 Insurance Agencies and Brokerages
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 4 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20590, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | -$115,934 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $100,000 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | -$238,099 | |
| Funding Only Action | -$330,002 | |
| Funding Only Action | -$40,000 | |
| Funding Only Action | $1,040,130 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $1,250,000 | |
| Exercise an Option | $1,200,000 | |
| Exercise an Option | $1,170,000 | |
| Exercise an Option | $366,220 | |
| Other Administrative Action | $0 | |
| Original award | $1,199,999 |
Show all 15
About this award
The Maritime Administration awarded a definitive contract to Arthur J. Gallagher & Co for marine insurance brokerage and fleet protection & indemnity insurance services on April 23, 2020, with a ceiling value of $5,602,314.03 and firm fixed pricing. The contract was closed out as of February 18, 2026, and the source documents a fund de-obligation modification that reduces obligations by $115,933.91 across fiscal years 2024 and 2025.
The originating pre-solicitation (posted October 24, 2019) sought a qualified marine insurance broker to obtain and manage a Protection and Indemnity policy of at least $1 billion in coverage limits for six training ships owned by the U.S. and berthed at State Maritime Academies. The broker was required to produce P&I coverage through a mutual assurance association and provide consultancy, claims support, and post-event assistance for the fleet. Place of performance is Washington, DC.
Quick answers
Who was awarded contract 693JF720C000012?
693JF720C000012 was awarded to Arthur J Gallagher & Co by Maritime Administration (Department of Transportation) on April 23, 2020.
How much is contract 693JF720C000012 worth?
The government has obligated $5,602,314 on 693JF720C000012.
Was contract 693JF720C000012 competed?
The extent of competition for 693JF720C000012 was full and open competition. The government received 4 offers.
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