Actuarial review and estimates for prescription drug & medicare ADV plan - sensa
Active Awarded Last action
- Contract number
- 75FCMC23F0024
- Awardee
-
Sensa Solutions, Inc. UEI V6Y5PMS51LQ7 Part of Korn / Ferry International
- Awarding agency
-
Centers for Medicare and Medicaid Services
Department of Health and Human Services
- Obligated
- $5,766,421
Award facts
- Contract value 80% obligated
-
- $5,766,421.00 Current, with exercised options
- $7,182,177.00 Potential, with all options
- Completion date 69% complete
-
- Current, with exercised options
- Potential, with all options
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- B528 Special Studies/Analysis- Regulatory
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 7 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Windsor Mill, Milford Mill, MD 21244, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $1,385,564 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $1,355,627 | |
| Exercise an Option | $1,529,141 | |
| Other Administrative Action | $0 | |
| Original award | $1,496,089 |
About this award
Sensa Solutions, Inc., operating as Korn Ferry U.S. Government Consulting Services, was awarded a delivery order valued at $7.18M by the Centers for Medicare and Medicaid Services (CMS) on May 1, 2023, for actuarial review and estimates related to prescription drug and Medicare Advantage plans. The contract, which carries no set-aside designation, is scheduled for completion by April 30, 2028, and will be performed in Windsor Mill and Milford Mill, Maryland. This delivery order is issued under the General Services Administration's Multiple Award Schedule contract vehicle, leveraging the established relationship between CMS and the contractor's parent company, Korn Ferry International.
The engagement supports CMS's critical actuarial functions in evaluating and forecasting costs associated with the Medicare prescription drug benefit and Medicare Advantage plan programs. Sensa Solutions brings specialized expertise in actuarial evaluations through its parent company, which has demonstrated competency across multiple federal agencies in workforce consulting, talent management, and specialized analytical services. This firm fixed-price delivery order enables CMS to access comprehensive actuarial analysis and cost estimation capabilities to support the agency's program management and policy development initiatives for these major Medicare programs.
Quick answers
Who was awarded contract 75FCMC23F0024?
75FCMC23F0024 was awarded to Sensa Solutions, Inc. by Centers for Medicare and Medicaid Services (Department of Health and Human Services) on May 1, 2023.
How much is contract 75FCMC23F0024 worth?
The government has obligated $5,766,421 on 75FCMC23F0024. Its potential value, with all options, is $7,182,177.
Is contract 75FCMC23F0024 an order under another contract?
Yes. 75FCMC23F0024 is a delivery order under GS00F349CA, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 75FCMC23F0024 competed?
The extent of competition for 75FCMC23F0024 was full and open competition. The government received 7 offers.
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