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
- 12FPC124A0002
- Awardee
-
Oliver Wyman Actuarial Consulting Inc. UEI KME7ZSE4MVL8 Part of Marsh & Mclennan Companies Inc.
- Awarding agency
-
Farm Production and Conservation
Department of Agriculture
- Task orders
- 6 $153,361 obligated
Award facts
- Combined order value
- $153,361 Current and potential, with all options
- Last date to order 59% complete
- IDV ceiling 61% 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
- 541990 All Other Professional, Scientific, and Technical Services
- Set-aside
- No set-aside
- Pricing
- Labor Hours
Award details come from SAM.gov/FPDS.
About this IDV
The Risk Management Agency awarded a Blanket Purchase Agreement to Oliver Wyman Actuarial Consulting Inc. on January 10, 2024, with a ceiling of $250,000.00 and an ultimate completion date of September 30, 2028, to provide actuarial and underwriting expert review of policies, plans of insurance, and related material as required by the Federal Crop Insurance Act.
Work is performed in New York, New York. The BPA is a single award with no set-aside designation.
Recent BPA calls issued under this vehicle include a $35,262.50 order awarded March 12, 2024, for expert actuarial review of fire insurance-smoke index products; a $19,000 call awarded June 4, 2024, for expert review of Dairy Revenue Protection program modifications; a $30,593.75 call awarded September 5, 2024, for expert review of confidential submissions (later modified to deobligate excess funding and close the call); a $20,005 call awarded September 3, 2025, for hybrid wheat seed crop insurance product analysis; and a $29,100 call awarded March 23, 2026, for actuarial review of the Federal Crop Insurance Program's Turfgrass Value product line. A June 8, 2026, call for $19,400 addressed Federal Crop Insurance Corporation Board expert review for May 2026 board reviews on a confidential submission, with completion by August 15, 2026. Individual task orders typically involve labor-hour or firm fixed-price pricing and range from approximately $8,800 to $38,800 in value.
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 12FPC124A0002?
12FPC124A0002 was awarded to Oliver Wyman Actuarial Consulting Inc. by Farm Production and Conservation (Department of Agriculture) on January 10, 2024.
How much is contract 12FPC124A0002 worth?
Orders under 12FPC124A0002 have obligated $153,361. 12FPC124A0002's own ceiling is $250,000. A single order can be worth up to $100,000.
How many orders have been placed under contract 12FPC124A0002?
6 orders have been placed under 12FPC124A0002, the latest on June 8, 2026.
Which agency awarded contract 12FPC124A0002?
Farm Production and Conservation (Department of Agriculture) awarded 12FPC124A0002, with funding from Risk Management Agency (Department of Agriculture).
Who can order from contract 12FPC124A0002?
12FPC124A0002 is a single award blanket purchase agreement. Only the awarding agency can place orders on it.
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