Blanket purchase agreement (BPA) for actuarial and underwriting expert review of policies, plans of insurance and related material as required by the federal crop insurance act.
Active Blanket Purchase Agreement Awarded Last action
- Contract number
- 12FPC123A0021
- Awardee
-
MBA Actuaries LLC UEI FPR8NGL85LB3
- Awarding agency
-
Farm Production and Conservation
Department of Agriculture
- Task orders
- 9 $177,800 obligated
Award facts
- Combined order value
- $177,800 Current and potential, with all options
- Last date to order 61% complete
- IDV ceiling 71% used
- $250,000.00
- Maximum order
- $100,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- Contracting staff
- Funding agency
- Risk Management Agency Department of Agriculture
- NAICS code
- 524298 All Other Insurance Related Activities
- Set-aside
- No set-aside
- Pricing
- Labor Hours
Award details come from SAM.gov/FPDS.
About this IDV
The USDA Risk Management Agency established a Blanket Purchase Agreement with MBA Actuaries LLC on October 1, 2023, with a $250,000 ceiling through September 30, 2028, for actuarial and underwriting expert review of crop insurance policies, plans of insurance, and related material required under the Federal Crop Insurance Act.
MBA Actuaries LLC is a minority-owned, Black American-owned limited liability company. Work is performed at the contractor's offices in Parsippany and Princeton, New Jersey, with no subcontractors.
The BPA enables labor-hour-based task orders for confidential expert review of proposed crop insurance product modifications and Federal Crop Insurance Corporation board submissions. Recent BPA calls include a $16,400 call awarded June 5, 2026, for FCIC Board expert review of May 2026 submissions (completion August 10, 2026); a $16,400 call awarded March 23, 2026, for Livestock Gross Margin insurance product review for cattle and swine (completion April 10, 2026); a $24,000 call issued August 27, 2025, for hybrid wheat seed insurance expert review (completion September 30, 2025); and a $32,000 call awarded June 5, 2025, for Federal Crop Insurance Corporation board review of confidential insurance-product submissions (completion July 7, 2025). Earlier calls covered Dairy Revenue Protection, Shellfish modification, and Weaned Calf Revenue reviews, with task order values ranging from $8,000 to $32,000. A June 5, 2026 call was set aside for Total Small Business; other calls carried no set-aside designation.
Task orders
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 12FPC123A0021?
12FPC123A0021 was awarded to MBA Actuaries LLC by Farm Production and Conservation (Department of Agriculture) on October 1, 2023.
How much is contract 12FPC123A0021 worth?
Orders under 12FPC123A0021 have obligated $177,800. 12FPC123A0021's own ceiling is $250,000. A single order can be worth up to $100,000.
How many orders have been placed under contract 12FPC123A0021?
9 orders have been placed under 12FPC123A0021, the latest on September 15, 2026.
Which agency awarded contract 12FPC123A0021?
Farm Production and Conservation (Department of Agriculture) awarded 12FPC123A0021, with funding from Risk Management Agency (Department of Agriculture).
Who can order from contract 12FPC123A0021?
12FPC123A0021 is a single award blanket purchase agreement. Only the awarding agency can place orders on it.
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