National flood insurance program IT systems and support
Ended Definitive Contract Awarded Last action
- Contract number
- HSFE7015C0060
- Awardee
-
OST Inc. UEI FPLRRX1M2YS5
- Awarding agency
-
FEMA Incident Support Section
Federal Emergency Management Agency, Department of Homeland Security
- Obligated
- $49,471,726
Award facts
- Opportunity
-
- HSFE7015R0004 Solicitation number
- Justification for Other than Full and Open Competition NFIP IT System & Support Services Limited / Sole Source Justification · Posted May 3, 2021
- HSFE70-15-C-0060 FEMA/FIMA National Flood Insurance Plan - IT System and Support Services. The Contractor provides program management, insurance and financial services, and system of record operations, maintenance & support services for the NFIP IT System Limited / Sole Source Justification · Posted Mar 26, 2021
- Contract value 34% obligated
-
- $90,181,651.68 Current, with exercised options
- $147,470,729.49 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
- 524292 Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 2 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20037, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$1,694,972 | |
| Exercise an Option | $2,366,810 | |
| Change Order | $2,366,810 | |
| Change Order | $2,366,810 | |
| Change Order | $1,183,405 | |
| Funding Only Action | $1,183,405 | |
| Supplemental Agreement for work within scope | $1,309,462 | |
| Supplemental Agreement for work within scope | $1,309,462 | |
| Funding Only Action | $1,480,116 | |
| Supplemental Agreement for work within scope | $2,646,692 | |
| Supplemental Agreement for work within scope | $4,229,336 | |
| Supplemental Agreement for work within scope | $205,987 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Funding Only Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $2,264,000 | |
| Exercise an Option | $8,100,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $8,700,000 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $11,454,403 |
Show all 26
About this award
This is a definitive, firm fixed-price contract awarded by the Federal Emergency Management Agency (FEMA) to OST Inc., doing business as Optimal Solutions And Technologies, for National Flood Insurance Program IT systems and support. The contract has a ceiling value of $147,470,729.49 and a period of performance through October 31, 2021.
OST Inc. is a for-profit organization that provides technical, administrative, and management solutions to federal and state agencies. The company has a strong track record of supporting FEMA and other government agencies through both prime contracts and subcontracts. This award is not associated with a set-aside program. OST Inc. also holds several significant indefinite delivery vehicles, including a $99 million single-award contract from FEMA to provide standard insurance operations support to the National Flood Insurance Program.
Quick answers
Who was awarded contract HSFE7015C0060?
HSFE7015C0060 was awarded to OST Inc. by FEMA Incident Support Section (Federal Emergency Management Agency) on June 1, 2015.
How much is contract HSFE7015C0060 worth?
The government has obligated $49,471,726 on HSFE7015C0060. Its current value, with exercised options, is $90,181,652. Its potential value, with all options, is $147,470,729.
Which agency awarded contract HSFE7015C0060?
FEMA Incident Support Section (Federal Emergency Management Agency) awarded HSFE7015C0060, with funding from Federal Emergency Management Agency (Department of Homeland Security).
Was contract HSFE7015C0060 competed?
The extent of competition for HSFE7015C0060 was full and open competition. The government received 2 offers.
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