The Federal Emergency Management Agency awarded a single-award indefinite-delivery, indefinite-quantity contract to National Flood Services LLC to provide flood insurance policy administration services to the National Flood Insurance Program. The contract has a potential value of $165 million over five years to support policy underwriting, claims processing, customer service, and data reporting.
A $9.5 million firm fixed price delivery order was also awarded against the master contract to National Flood Services LLC for transition-in services. Work will be performed over 16 months in Kalispell, Montana through January 2022. The original solicitation sought proposals to administer the National Flood Insurance Program, which provides flood insurance and aims to reduce flood damage through regulations. Proposals were evaluated based on experience, past performance, and pricing for services to be delivered within 50 miles of Washington, D.C. over a base year and four optional one-year extensions.
Generated 1/4/24, 11:37 PM