Blanket Purchase Agreement 12FPC123A0021

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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  • 12FPC123A0021
    Blanket Purchase Agreement
  • 5
    Federal Contract Awards

The U.S. Department of Agriculture's Risk Management Agency (RMA) awarded a Blanket Purchase Agreement (BPA) to MBA Actuaries LLC, a minority-owned small business, for actuarial and underwriting expert review services. The $250,000, five-year BPA enables RMA to issue task orders for MBA Actuaries to conduct confidential reviews of proposed new or modified crop insurance policies, plans, and related materials as required by the Federal Crop Insurance Act.

Several BPA Call task orders have been awarded to MBA Actuaries under this agreement, including $8,000 to review a Weaned Calf Revenue Modification, $16,000 to evaluate a Dairy Revenue Protection Modification, and $16,000 for a Shellfish Modification review. These expert analyses support RMA's mission of ensuring the nationwide availability of effective crop insurance programs. MBA Actuaries, a Black American-owned Limited Liability Company, performs the labor-hour based work exclusively at its Parsippany, New Jersey office, without any subcontractors or set-aside designations indicated for the individual task orders.

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