This federal contract award, with an ID of 693KA924D00001|693KA925F00074, is a delivery order issued under an Indefinite Delivery Contract (IDC) held by Global Aerospace, Inc., a for-profit subchapter S corporation that provides aviation insurance and risk management services to the U.S. Department of Transportation's Federal Aviation Administration (DOT-FAA).
The $33,350.00 fixed-price delivery order is for services in support of the FAA's Aviation Risk Insurance Program, including the provision of hull, comprehensive, and liability insurance coverage, as well as claims administration and risk management solutions. This work is being performed under the IDC's CLIN 1001 - 1005 service areas, which cover a range of insurance-related services for FAA flight operations and safety initiatives. The IDC contract has a total ceiling value of $530,692,605.66 and a period of performance extending through May 31, 2035. The contract was awarded on an unrestricted basis, with no set-aside designation.
Generated 3/27/25, 10:03 AM