IDIQ to provide fima reinsurance broker support services
Ended Indefinite Delivery Contract Awarded Last action
- Contract number
- 70FA6023D00000001
- Awardee
-
Guy Carpenter & Company, LLC UEI VV6FMVCV8145 Part of Marsh & Mclennan Companies Inc.
- Awarding agency
-
FEMA Mitigation Section
Federal Emergency Management Agency, Department of Homeland Security
- Task orders
- 3 $14,990,000 obligated
Award facts
- Combined order value
-
- $14,990,000 Current, with exercised options
- $16,353,996 Potential, with all options
- Last date to order 100% complete
- Award type
- Single award
- Who can order
- Only the awarding agency
- Contracting staff
- Funding agency
- Federal Emergency Management Agency Department of Homeland Security
- NAICS code
- 524130 Reinsurance Carriers
- Set-aside
- No set-aside
- Competition
- Not Available for Competition · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this IDV
The Federal Emergency Management Agency awarded a single-award indefinite-delivery contract to Guy Carpenter & Company, LLC on April 16, 2023, with a ceiling of $13.5 million to provide FIMA Reinsurance Broker Support Services. The contract carries no set-aside. Performance occurs at Washington, DC 20472. The IDIQ supports the National Flood Insurance Program through specialized reinsurance brokering, data modeling, and risk analytics services to the Federal Insurance and Mitigation Administration Integration Office. The period of performance runs through October 15, 2026.
Two firm fixed-price delivery orders have been issued under this IDIQ. The first, awarded June 7, 2023, with a ceiling of $7.8 million, covers Contractor Broker Support Services for Work Areas 1 and 2 through June 6, 2026. The second, awarded April 16, 2023, with a ceiling of $5.65 million, provides data modeling and risk analytics services for Work Areas 3 and 4 through June 13, 2026. FY2024 Service Contract Inventory reporting on the second delivery order showed actual government invoicing of $1.9 million against 1.5 FTEs and 3,213 contractor hours, with Guy Carpenter self-performing all work.
Task orders
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Change Order | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $10,000 |
Quick answers
Who was awarded contract 70FA6023D00000001?
70FA6023D00000001 was awarded to Guy Carpenter & Company, LLC by FEMA Mitigation Section (Federal Emergency Management Agency) on April 16, 2023.
How much is contract 70FA6023D00000001 worth?
Orders under 70FA6023D00000001 have obligated $14,990,000. Their combined potential value, with all options, is $16,353,996.
How many orders have been placed under contract 70FA6023D00000001?
3 orders have been placed under 70FA6023D00000001, the latest on September 8, 2026.
Which agency awarded contract 70FA6023D00000001?
FEMA Mitigation Section (Federal Emergency Management Agency) awarded 70FA6023D00000001, with funding from Federal Emergency Management Agency (Department of Homeland Security).
Who can order from contract 70FA6023D00000001?
70FA6023D00000001 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 70FA6023D00000001 competed?
The extent of competition for 70FA6023D00000001 was not available for competition. The government received 1 offer.
On GovTribe
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