Contractor broker support services for data modeling and risk analytics for work areas 3 and 4 for the federal insurance and mitigation administration integration office/fima policy and coordination…

Ended Awarded Last action

Contract number
70FA6023F00000029
Awardee
Awarding agency
Obligated
$5,655,000

Award facts

Contract value 100% obligated
$5,654,999.88 Current and potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
Funding agency
Federal Emergency Management Agency Department of Homeland Security
NAICS code
524130 Reinsurance Carriers
Set-aside
No set-aside
Competition
Not Available for Competition Only One Source
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20472, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00007 · Revise unit of measure. $0
Other Administrative Action P00006 · Appoint an alternate contracting officer's representative (acor) $0
Exercise an Option P00005 · Exercise option year 2 $1,885,000
Other Administrative Action P00004 · The purpose of this modification is a no-cost extension to 6/6/2025. $0
Change Order P00003 · Key personnel change $0
Exercise an Option P00002 · Exercise option period one. $1,885,000
Other Administrative Action P00001 · Appoint new COR. $0
Original award $1,885,000

About this award

The Federal Emergency Management Agency issued a delivery order to Guy Carpenter & Company, LLC on April 16, 2023, under FEMA's $13.5 million FIMA Reinsurance Broker Support Services Indefinite Delivery Contract. The order has a ceiling value of $5.65 million and calls for contractor broker support services for data modeling and risk analytics for Work Areas 3 and 4 in support of the National Flood Insurance Program, with performance through June 13, 2026.

Place of performance is Washington, DC 20472. Guy Carpenter is a reinsurance intermediary and subsidiary of Marsh & McLennan Companies Inc. The order is firm fixed price with no set-aside.

Service Contract Inventory reporting shows actual government invoicing of $1.9 million in FY2024 against 1.5 FTEs and 3,213 contractor hours, reflecting a derived hourly rate of $586.68. Guy Carpenter self-performed all reported hours with no subcontractor involvement in FY2024.

Description

Contractor broker support services for data modeling and risk analytics for work areas 3 and 4 for the federal insurance and mitigation administration integration office/fima policy and coordination support for the national flood insurance program

Quick answers

Who was awarded contract 70FA6023F00000029?

70FA6023F00000029 was awarded to Guy Carpenter & Company, LLC by FEMA Mitigation Section (Federal Emergency Management Agency) on April 16, 2023.

How much is contract 70FA6023F00000029 worth?

The government has obligated $5,655,000 on 70FA6023F00000029.

Which agency awarded contract 70FA6023F00000029?

FEMA Mitigation Section (Federal Emergency Management Agency) awarded 70FA6023F00000029, with funding from Federal Emergency Management Agency (Department of Homeland Security).

Is contract 70FA6023F00000029 an order under another contract?

Yes. 70FA6023F00000029 is a delivery order under 70FA6023D00000001, an indefinite delivery contract.

Was contract 70FA6023F00000029 competed?

The extent of competition for 70FA6023F00000029 was not available for competition.

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