Provide standard insurance operations support including insurance subject matter expertise and standard business operations.
Ended Awarded Last action
- Contract number
- 70FA6023F00000037
- Awardee
-
OST Inc. UEI FPLRRX1M2YS5
- Awarding agency
-
FEMA Mitigation Section
Federal Emergency Management Agency, Department of Homeland Security
- Obligated
- $38,088,731
Award facts
- Contract value 70% obligated
-
- $38,088,731.01 Current, with exercised options
- $54,641,600.50 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- Funding agency
- Federal Emergency Management Agency Department of Homeland Security
- NAICS code
- 541990 All Other Professional, Scientific, and Technical Services
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20001, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$3,786,161 | |
| Supplemental Agreement for work within scope | $125,000 | |
| Exercise an Option | $20,470,481 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $21,279,411 |
About this award
The Federal Emergency Management Agency issued a delivery order to OST Inc. on June 6, 2023, with a ceiling value of $54.6 million for standard insurance operations support, including insurance subject matter expertise and standard business operations, with ultimate completion on March 2, 2026.
Place of performance is Washington, DC. The order is firm fixed price with no set-aside. In fiscal year 2023, OST Inc. invoiced $18 million against this order, fielding 67.9 FTEs across 141,140 contractor hours at a blended government-paid rate of $127.34 per hour, with 32% of hours subcontracted to a five-vendor team.
Quick answers
Who was awarded contract 70FA6023F00000037?
70FA6023F00000037 was awarded to OST Inc. by FEMA Mitigation Section (Federal Emergency Management Agency) on June 6, 2023.
How much is contract 70FA6023F00000037 worth?
The government has obligated $38,088,731 on 70FA6023F00000037. Its potential value, with all options, is $54,641,601.
Which agency awarded contract 70FA6023F00000037?
FEMA Mitigation Section (Federal Emergency Management Agency) awarded 70FA6023F00000037, with funding from Federal Emergency Management Agency (Department of Homeland Security).
Is contract 70FA6023F00000037 an order under another contract?
Yes. 70FA6023F00000037 is a delivery order under 70FB7021D00000014, an indefinite delivery contract.
Was contract 70FA6023F00000037 competed?
The extent of competition for 70FA6023F00000037 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award