The purpose of this award is to provide funding in the amount of $50,000.00 for performance under clin 2002 of the above subject delivery order in accordance with (IAW) section c.6.2 task 2- claims…
Ended Awarded Last action
- Contract number
- 693KA921F00135
- Awardee
-
Global Aerospace, Inc. UEI KG2LKYC1AL91
- Awarding agency
-
Headquarters
Federal Aviation Administration, Department of Transportation
- Obligated
- $0
Award facts
- Contract value 0% obligated
-
- $0.00 Current, with exercised options
- $250,000.00 Potential, with all options
- Completion date
- Current and potential, with all options
- Contracting staff
- NAICS code
- 524298 All Other Insurance Related Activities
- Set-aside
- No set-aside
- Competition
- Not Competed Only One Source
- Pricing
- Time and Materials
- Place of performance
- Parsippany, NJ 07054, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$50,000 | |
| Original award | $50,000 |
About this award
Global Aerospace, Inc., a New Jersey-based aviation insurance and risk management specialist, received a modification to a delivery order under the Department of Transportation's Federal Aviation Administration (DOT-FAA) Aviation Insurance Claims Program. This modification de-obligated $50,000 in funding from CLIN 2002, which was allocated for Claims Settlement services under Section C.6.2 Task 2 of the Statement of Work. The delivery order operates under a time and materials pricing structure with an overall ceiling value of $250,000 and was issued on March 24, 2021. The contract carries no set-aside designation and represents work to be performed in Parsippany, New Jersey.
This delivery order is a child contract issued under Global Aerospace's larger Indefinite Delivery Contract (IDC) with the DOT-FAA (Contract No. 693KA924D00001), which carries a ceiling value of approximately $530.7 million and extends through May 31, 2035. Global Aerospace serves as the prime contractor on an unrestricted basis, providing comprehensive insurance solutions and claims administration services to support the FAA's aviation operations. The company has maintained a consistent relationship with the DOT-FAA since receiving its IDC award, leveraging specialized expertise in aviation insurance coverage, including hull, comprehensive, and liability insurance products necessary for federal flight operations and safety initiatives.
Description
The purpose of this award is to provide funding in the amount of $50,000.00 for performance under clin 2002 of the above subject delivery order in accordance with (IAW) section c.6.2 task 2- claims settlement of the statement of work.
Quick answers
Who was awarded contract 693KA921F00135?
693KA921F00135 was awarded to Global Aerospace, Inc. by Headquarters (Federal Aviation Administration) on March 24, 2021.
How much is contract 693KA921F00135 worth?
The government has obligated $0 on 693KA921F00135. Its potential value, with all options, is $250,000.
Is contract 693KA921F00135 an order under another contract?
Yes. 693KA921F00135 is a delivery order under 693KA918D00002, an indefinite delivery contract.
Was contract 693KA921F00135 competed?
The extent of competition for 693KA921F00135 was not competed.
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