Air worldwide corporation sole source award for inland flood and storm surge catastrophe modeling licenses.
Ended Definitive Contract Awarded Last action
- Contract number
- 70FA6020C00000006
- Awardee
-
Air Worldwide Corporation UEI YTMDKH9S9A44 Part of Verisk Analytics, Inc.
- Awarding agency
-
FEMA Mitigation Section
Federal Emergency Management Agency, Department of Homeland Security
- Obligated
- $4,567,890
Award facts
- Opportunity
-
- Air Worldwide Sole Source Notice of Intent Special Notice · 70FA6020R00000008 · Posted Jul 16, 2020
- Air Worldwide Sole Source J&A Limited / Sole Source Justification · Posted Sep 11, 2020
- Contract value 100% obligated
- $4,567,890.00 Current and potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- Funding agency
- Federal Emergency Management Agency Department of Homeland Security
- NAICS code
- 511210 Software Publishers
- PSC
- 7030 Information Technology Software
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20472, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Exercise an Option | $1,058,000 | |
| Additional Work (new agreement, FAR part 6 applies) | $139,000 | |
| Exercise an Option | $891,000 | |
| Exercise an Option | $865,000 | |
| Exercise an Option | $840,000 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $102,890 | |
| Original award | $672,000 |
About this award
The Federal Emergency Management Agency (FEMA) awarded a sole-source contract worth $4,567,890.00 to Air Worldwide Corporation, a wholly-owned subsidiary of Verisk Analytics, Inc., for inland flood and storm surge catastrophe modeling licenses. This contract includes a 12-month base period and four 12-month options. The award is based on the rationale that Air Worldwide Corporation is the only known source that can provide catastrophe modeling software with the unique capability to model probabilistic hurricane-induced precipitation within an inland flood model, which is critical for evaluating the National Flood Insurance Program's (NFIP) flood risk. The data and models derived from this software will increase the accuracy of FEMA's flood-related predictive analytics and rating approaches for NFIP's flood insurance policies. This contract award was not set aside for any specific business type.
Quick answers
Who was awarded contract 70FA6020C00000006?
70FA6020C00000006 was awarded to Air Worldwide Corporation by FEMA Mitigation Section (Federal Emergency Management Agency) on August 26, 2020.
How much is contract 70FA6020C00000006 worth?
The government has obligated $4,567,890 on 70FA6020C00000006.
Which agency awarded contract 70FA6020C00000006?
FEMA Mitigation Section (Federal Emergency Management Agency) awarded 70FA6020C00000006, with funding from Federal Emergency Management Agency (Department of Homeland Security).
Was contract 70FA6020C00000006 competed?
The extent of competition for 70FA6020C00000006 was not competed. The government received 1 offer.
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