The federal insurance office (FIO), which assists the secretary of the treasury in the administration of the terrorism risk insurance program (TRIP), has a continued need for reinsurance claims…

Ended Awarded Last action

Contract number
2032H320F00109
Awardee
Awarding agency
Obligated
$205,098

Award facts

Opportunity
Contract value 4% obligated
  • $205,098.14 Current, with exercised options
  • $4,689,690.26 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
Set-aside
No set-aside
Competition
Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20220, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00007 · Terrorism risk insurance program audit services to ensure adherence with the terrorism risk insurance act of 2002(TRIA). The purpose of this modification is… $0
Terminate for Convenience P00006 · Terrorism risk insurance program audit services for adherence with the terrorism risk insurance act of 2002. Termination for convenience executive order… -$16,073
Exercise an Option P00005 $35,591
Exercise an Option P00004 $35,591
Exercise an Option P00003 · Terrorism risk insurance program (TRIP) claims audit support services $35,591
Other Administrative Action P00002 · Terrorism risk insurance program (TRIP) for reinsurance claims audit support services $0
Exercise an Option P00001 · Reinsurance claims audit support services $35,591
Original award $78,808

About this award

This is a federal contract awarded by the Departmental Offices (part of the U.S. Department of the Treasury) to Deloitte & Touche LLP for Terrorism Risk Insurance Program (TRIP) reinsurance claims audit support services. The contract has a ceiling value of $4,689,690.26 and a period of performance through March 18, 2025. It was awarded on September 30, 2020 under the Multiple Award Schedule (MAS) contract vehicle. The contract is for firm fixed-price services and does not have a set-aside designation. Deloitte & Touche LLP is a prominent professional services firm that provides a wide range of support to federal agencies, including financial management, IT modernization, and audit remediation. The Federal Insurance Office (FIO) within the Department of the Treasury administers the TRIP, which requires ongoing reinsurance claims audit services that this contract is intended to fulfill.

Description

The federal insurance office (FIO), which assists the secretary of the treasury in the administration of the terrorism risk insurance program (TRIP), has a continued need for reinsurance claims audit support services. The required services are neces

Quick answers

Who was awarded contract 2032H320F00109?

2032H320F00109 was awarded to Deloitte & Touche LLP by Departmental Offices (Department of the Treasury) on September 30, 2020.

How much is contract 2032H320F00109 worth?

The government has obligated $205,098 on 2032H320F00109. Its potential value, with all options, is $4,689,690.

Is contract 2032H320F00109 an order under another contract?

Yes. 2032H320F00109 is a delivery order under GS00F029DA, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 2032H320F00109 competed?

The extent of competition for 2032H320F00109 was full and open competition. The government received 2 offers.

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