Definitive Contract 70FA6022C00000006

This is a $117,571,161.15 firm fixed price contract awarded by the Federal Emergency Management Agency (FEMA) to Torrent Technologies, Inc., a subsidiary of Marsh & McLennan Companies Inc., to provide contractor support services for the National Flood Insurance Program (NFIP). The contract is for Torrent to facilitate property owners obtaining flood insurance directly from the government rather than through a Write Your Own (WYO) company. Specifically, Torrent will support the direct sales and servicing of Standard Flood Insurance Policies, Severe Repetitive Loss policies, and Group Flood Insurance policies. This is a sole source bridge contract intended to ensure service continuity while FEMA assesses migrating NFIP Direct program operations. The contract has a base period of 9 months and up to 4 option periods totaling an additional 3 years. There is no set aside designation mentioned for this award.