FAA aviation insurance program
Active Awarded
- Contract number
- 693KA924F00130
- Awardee
-
Global Aerospace, Inc. UEI KG2LKYC1AL91
- Awarding agency
-
Headquarters
Federal Aviation Administration, Department of Transportation
- Obligated
- $31,490
Award facts
- Contract value 90% obligated
-
- $31,490.00 Current, with exercised options
- $35,000.00 Potential, with all options
- Completion date 22% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 524291 Claims Adjusting
- Set-aside
- No set-aside
- Competition
- Not Competed Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20591, USA
Award details come from SAM.gov/FPDS.
About this award
The Department of Transportation Federal Aviation Administration (DOT-FAA) has awarded a delivery order contract to Global Aerospace, Inc., a for-profit subchapter S corporation, to provide aviation insurance coverage and claims administration services for the FAA's Aviation Risk Insurance Program. The $35,000.00 firm fixed price award will support FAA flight operations and air transportation safety nationwide through May 31, 2035. As a prime contractor, Global Aerospace has received multiple awards totaling over $5 million under DOT-FAA indefinite delivery/indefinite quantity contract vehicles to insure agency activities and manage associated claims. The services provided by Global Aerospace assist the FAA in fulfilling its mission to ensure safety and efficiency in the national airspace system. This award was not set-aside.
Quick answers
Who was awarded contract 693KA924F00130?
693KA924F00130 was awarded to Global Aerospace, Inc. by Headquarters (Federal Aviation Administration) on May 14, 2024.
How much is contract 693KA924F00130 worth?
The government has obligated $31,490 on 693KA924F00130. Its potential value, with all options, is $35,000.
Is contract 693KA924F00130 an order under another contract?
Yes. 693KA924F00130 is a delivery order under 693KA924D00001, an indefinite delivery contract.
Was contract 693KA924F00130 competed?
The extent of competition for 693KA924F00130 was not competed.
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