Actuarial review and estimates for prescription drug & medicare ADV plan - salud
Active Awarded Last action
- Contract number
- 75FCMC23F0026
- Awardee
-
EGJ Health Consulting LLC UEI C17ZRKL4BAE6
- Awarding agency
-
Centers for Medicare and Medicaid Services
Department of Health and Human Services
- Obligated
- $2,201,290
Award facts
- Contract value 79% obligated
-
- $2,201,290.00 Current, with exercised options
- $2,782,906.00 Potential, with all options
- Completion date 69% complete
-
- Current, with exercised options
- Potential, with all options
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- B528 Special Studies/Analysis- Regulatory
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 7 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Windsor Mill, Milford Mill, MD 21244, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $568,820 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $556,304 | |
| Exercise an Option | $544,068 | |
| Other Administrative Action | $0 | |
| Original award | $532,098 |
About this award
EGJ Health Consulting LLC, doing business as Salud Actuarial Consulting, received a $2.78M firm fixed-price delivery order from the Centers for Medicare and Medicaid Services (CMS) on May 1, 2023. The contract, awarded under the General Services Administration's Multiple Award Schedule, covers actuarial review and estimates for prescription drug and Medicare Advantage plans through April 30, 2028. The work will be performed in Windsor Mill and Milford Mill, Maryland. This delivery order was not issued under any set-aside designation and represents CMS's effort to obtain specialized actuarial services necessary for evaluating and projecting costs associated with its major prescription drug and Medicare Advantage programs.
CMS selected this vendor to provide technical actuarial expertise in reviewing and developing financial estimates critical to the administration and oversight of Medicare's prescription drug and Advantage plan offerings. These actuarial services support CMS's regulatory responsibilities in monitoring plan solvency, establishing appropriate benefit structures, and ensuring program integrity. The five-year contract term reflects the ongoing nature of actuarial review requirements for these major entitlement programs affecting millions of Medicare beneficiaries.
Quick answers
Who was awarded contract 75FCMC23F0026?
75FCMC23F0026 was awarded to EGJ Health Consulting LLC by Centers for Medicare and Medicaid Services (Department of Health and Human Services) on May 1, 2023.
How much is contract 75FCMC23F0026 worth?
The government has obligated $2,201,290 on 75FCMC23F0026. Its potential value, with all options, is $2,782,906.
Is contract 75FCMC23F0026 an order under another contract?
Yes. 75FCMC23F0026 is a delivery order under 47QRAA18D002H, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 75FCMC23F0026 competed?
The extent of competition for 75FCMC23F0026 was full and open competition. The government received 7 offers.
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