Blanket Purchase Agreement 12FPC123A0020

Award Date 10/1/23
Last Date to Order 9/30/28
Funding Federal Agency
Risk Management Agency
Contracting Federal Agency
Farm Production and Conservation
Ultimate Awardee
Not listed
Set-Aside Type
No Set-Aside Used
Federal Contract Vehicle
Pricing Type
Labor Hours
Legislative Mandate
Not listed
National Interest Action
None
Award Type
Single
Primary Consortia Member
Not listed
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  • 12FPC123A0020
    Blanket Purchase Agreement
  • 3
    Federal Contract Awards

The U.S. Department of Agriculture's Risk Management Agency (RMA) has awarded a single-award Blanket Purchase Agreement (BPA) to Integrated Financial Analytics & Research LLP, doing business as Ifar, a self-certified small disadvantaged business. The $250,000 BPA, effective from October 2023 through September 2028, enables Ifar to provide nationwide expert review services for actuarial and underwriting analysis of policies, plans of insurance, and related materials as required by the Federal Crop Insurance Act.

Under this BPA, the RMA can issue task orders for Ifar to provide expert consulting and analytical services to support the agency's regulatory and program oversight responsibilities. Relevant task orders include a $7,900 award for expert review of Concept Proposal 171, a $31,600 award for expert board review of the Margin Coverage Option, and a $15,800 award for expert review of the PRH sweet corn insurance product. These task orders demonstrate Ifar's specialized expertise in evaluating crop insurance proposals and materials to ensure compliance with applicable legislation, as part of the RMA's mission of promoting effective risk management strategies for America's farmers and ranchers.

Generated 8/10/24, 9:06 AM