Provide actuary services to the hermits peak claims office

Ended Awarded Last action

Contract number
70FB8023F00000084
Awardee
Awarding agency
Obligated
$2,114,873

Award facts

Opportunity
  • 70FB8023R00000008 Solicitation number
Contract value 37% obligated
  • $2,114,873.09 Current, with exercised options
  • $5,741,684.67 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
Funding agency
Federal Emergency Management Agency Department of Homeland Security
NAICS code
541330 Engineering Services
Set-aside
No set-aside
Competition
Full and Open Competition after exclusion of sources · 1 offer Multiple Award, Fair Opportunity
Pricing
Labor Hours
Place of performance
North Bethesda, MD 20852, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Exercise an Option P00005 $96,120
Exercise an Option P00004 · The purpose of this modification is to extend services at no-cost to the government for actuary and financial services in support of the hermits peak. $0
Other Administrative Action P00003 · The purpose of this modification is to DE-obligate remaining funds in the base period for actuary and financial services in support of the hermits peak. -$476,221
Exercise an Option P00002 · The purpose of this modification is to change the terms and conditions exercising for actuary and financial services in support of the hermits peak. $1,027,511
Supplemental Agreement for work within scope P00001 · The purpose of this modification is to reduce the contract access fee (CAF) from 0.25% to 0.10% in support of hermits peak - california canyon fire claims… -$2,199
Original award $1,469,662

About this award

Written by GovTribe AI ·

Strategic Technology Institute Inc. (STI), a minority-owned small disadvantaged business based in Rockville, Maryland, was awarded a delivery order under the One Acquisition Solution for Integrated Services - Small Business (OASIS SB) contract vehicle to provide actuarial and financial services supporting the Hermits Peak Claims Office. The contract modification extends services at no additional cost to the government through August 4, 2025, with a ceiling value of approximately $5.7M. This delivery order utilizes a labor-hours pricing structure and was issued by the Federal Emergency Management Agency (FEMA) on July 10, 2023. No set-aside designation beyond the OASIS SB small business vehicle was applied to this award.

The work will be performed at STI's location in Rockville, Maryland, supporting FEMA's claims administration efforts related to the Hermits Peak fire incident. STI brings relevant capabilities to this engagement through its extensive experience providing professional services across multiple federal agencies, including program management, technical support, and specialized consulting services. As a small business contractor positioned on major government-wide acquisition contract vehicles such as OASIS SB, eFAST, and PORTS, STI demonstrates the organizational capacity and expertise necessary to deliver complex administrative and actuarial support services to support federal emergency management operations.

Quick answers

Who was awarded contract 70FB8023F00000084?

70FB8023F00000084 was awarded to Strategic Technology Institute Inc. by FEMA Headquarters Office of the Chief Procurement Officer (Federal Emergency Management Agency) on July 10, 2023.

How much is contract 70FB8023F00000084 worth?

The government has obligated $2,114,873 on 70FB8023F00000084. Its potential value, with all options, is $5,741,685.

Which agency awarded contract 70FB8023F00000084?

FEMA Headquarters Office of the Chief Procurement Officer (Federal Emergency Management Agency) awarded 70FB8023F00000084, with funding from Federal Emergency Management Agency (Department of Homeland Security).

Is contract 70FB8023F00000084 an order under another contract?

Yes. 70FB8023F00000084 is a delivery order under 47QRAD20D1007, an indefinite delivery contract, on One Acquisition Solution for Integrated Services - Small Business (OASIS SB).

Was contract 70FB8023F00000084 competed?

The extent of competition for 70FB8023F00000084 was full and open competition after exclusion of sources. The government received 1 offer.

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