The purpose of this funding only task order is to fund the pre-priced policy servicing services for option year 2.
Ended Awarded Last action
- Contract number
- 70FA6019F00000002
- Awardee
-
Torrent Technologies, Inc. UEI W69TCJPDDLZ7 Part of Marsh & Mclennan Companies Inc.
- Awarding agency
-
FEMA Mitigation Section
Federal Emergency Management Agency, Department of Homeland Security
- Obligated
- $30,206,518
Award facts
- Opportunity
-
- HSFE6016R0004 Solicitation number
- National Flood Insurance Program (NFIP) Direct Servicing Agent (DSA) Award Notice · Posted Jul 22, 2016
- National Flood Insurance Program, Direct Servicing Agent (DSA) Award Notice · Posted Dec 4, 2015
- Contract value 100% obligated
- $30,206,518.47 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
- 524292 Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Kalispell, MT 59901, 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 |
|---|---|---|
| Funding Only Action | -$3,181,104 | |
| Funding Only Action | $4,312,392 | |
| Funding Only Action | $8,957,195 | |
| Original award | $20,118,035 |
About this award
This is a delivery order awarded by the Federal Emergency Management Agency (FEMA) to Torrent Technologies, Inc., a subsidiary of Marsh & McLennan Companies Inc., to provide pre-priced policy servicing services for Option Year 2 of FEMA's National Flood Insurance Program (NFIP). The contract has a ceiling value of $30,206,518.47 and is a firm-fixed-price contract. There is no set-aside designation mentioned. Torrent Technologies, Inc. has been awarded various FEMA contracts in the past to support the NFIP, including a $73 million contract to facilitate property owners obtaining flood insurance directly from FEMA and a $57 million delivery order to assist with management and administration of the NFIP.
Quick answers
Who was awarded contract 70FA6019F00000002?
70FA6019F00000002 was awarded to Torrent Technologies, Inc. by FEMA Mitigation Section (Federal Emergency Management Agency) on December 21, 2018.
How much is contract 70FA6019F00000002 worth?
The government has obligated $30,206,518 on 70FA6019F00000002.
Which agency awarded contract 70FA6019F00000002?
FEMA Mitigation Section (Federal Emergency Management Agency) awarded 70FA6019F00000002, with funding from Federal Emergency Management Agency (Department of Homeland Security).
Is contract 70FA6019F00000002 an order under another contract?
Yes. 70FA6019F00000002 is a delivery order under HSFE6016D0201, an indefinite delivery contract.
Was contract 70FA6019F00000002 competed?
The extent of competition for 70FA6019F00000002 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