Delivery Order GS23F0065X-75FCMC23F0025
Active Awarded Last action
- Contract number
- 75FCMC23F0025
- Awardee
-
Novarest Inc. UEI L7CNBL749EX7
- Awarding agency
-
Centers for Medicare and Medicaid Services
Department of Health and Human Services
- Obligated
- $2,452,382
Award facts
- Contract value 79% obligated
-
- $2,452,382.00 Current, with exercised options
- $3,122,624.00 Potential, with all options
- Completion date 70% 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 Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $650,738 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $650,738 | |
| Exercise an Option | $578,666 | |
| Other Administrative Action | $0 | |
| Original award | $572,240 |
About this award
The Centers for Medicare and Medicaid Services (CMS) awarded a delivery order valued at $3.1 million to Novarest Inc., a woman-owned small business specializing in actuarial consulting services. The contract, awarded on May 1, 2023, with an ultimate completion date of April 30, 2028, focuses on actuarial review and estimates for prescription drug and Medicare Advantage plans. The work will be performed in the Windsor Mill and Milford Mill, Maryland area. This delivery order was issued under the General Services Administration's Multiple Award Schedule (MAS) contract vehicle, which provides federal agencies with streamlined access to pre-competed vendor services. No small business set-aside was utilized for this award.
Novarest Inc., registered in the System for Award Management since 2005, brings established expertise in complex actuarial analysis and litigation support services to CMS. The firm holds certifications as both a woman-owned business and a Disadvantaged Business Enterprise. The contract employs firm fixed-price pricing and represents part of Novarest's ongoing work with CMS on specialized actuarial services. The company has demonstrated capability across multiple federal agencies through prior contracts ranging from approximately $55,000 to over $3 million, including work with the Employee Benefits Security Administration and various U.S. Attorney's Offices. Novarest engaged PAE Labat-Anderson LLC as a subcontractor to provide actuarial labor services supporting contract performance.
Quick answers
Who was awarded contract 75FCMC23F0025?
75FCMC23F0025 was awarded to Novarest Inc. by Centers for Medicare and Medicaid Services (Department of Health and Human Services) on May 1, 2023.
How much is contract 75FCMC23F0025 worth?
The government has obligated $2,452,382 on 75FCMC23F0025. Its potential value, with all options, is $3,122,624.
Is contract 75FCMC23F0025 an order under another contract?
Yes. 75FCMC23F0025 is a delivery order under GS23F0065X, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 75FCMC23F0025 competed?
The extent of competition for 75FCMC23F0025 was full and open competition. The government received 7 offers.
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