Nfip standard operations contract (SOC), to provide standard insurance operations support including insurance subject matter expertise and standard business operations.

Ended Indefinite Delivery Contract Awarded Last action

Contract number
70FB7021D00000014
Awardee
Awarding agency
Task orders
3 $80,363,352 obligated

Award facts

Opportunity
Combined order value
  • $80,363,352 Current, with exercised options
  • $103,395,142 Potential, with all options
Last date to order 100% complete
IDV ceiling 81% used
$99,000,000.00
Maximum order
$99,000,000.00
Award type
Single award
Who can order
Only the awarding agency
Contracting staff
Funding agency
Federal Emergency Management Agency Department of Homeland Security
Set-aside
No set-aside
Competition
Full and Open Competition · 2 offers Negotiated Proposal / Quote
Pricing
Labor Hours
Legislative mandates

Award details come from SAM.gov/FPDS.

About this IDV

The Federal Emergency Management Agency (FEMA) awarded a single-award $99 million Indefinite Delivery Contract (IDC) to OST Inc. (dba Optimal Solutions And Technologies), a for-profit organization headquartered in McLean, Virginia. The contract, entitled the "NFIP STANDARD OPERATIONS CONTRACT (SOC)," is for OST to provide standard insurance operations support, including subject matter expertise and standard business operations, to FEMA's National Flood Insurance Program (NFIP).

Two task orders have been issued under this IDC. The first is a $58.4 million firm fixed-price delivery order for continued disaster support in response to Hurricanes Helene and Milton. The second is a $31.6 million labor-hours delivery order for unspecified NFIP support services. The contract does not have any set-aside designations, and the period of performance runs through March 2026. This IDC originated from a May 2020 pre-solicitation notice seeking a single contractor to serve as a source of information and provide subject matter expertise, standard business operations support, and program assistance to the NFIP's Write Your Own insurance companies and Direct Servicing Agent.

Task orders

Transactions

Action Obligated Date
Exercise an Option P00007 · Exercise of option period 5. $0
Exercise an Option P00006 $0
Other Administrative Action P00005 $0
Exercise an Option P00004 $0
Exercise an Option P00003 $0
Other Administrative Action P00002 $0
Exercise an Option P00001 · The department of homeland security (DHS), federal emergency management agency (FEMA), federal insurance division (FID) national flood insurance program… $0
Original award $2,500

Quick answers

Who was awarded contract 70FB7021D00000014?

70FB7021D00000014 was awarded to OST Inc. by FEMA Headquarters Office of the Chief Procurement Officer (Federal Emergency Management Agency) on March 3, 2021.

How much is contract 70FB7021D00000014 worth?

Orders under 70FB7021D00000014 have obligated $80,363,352. Their combined potential value, with all options, is $103,395,142. 70FB7021D00000014's own ceiling is $99,000,000. A single order can be worth up to $99,000,000.

How many orders have been placed under contract 70FB7021D00000014?

3 orders have been placed under 70FB7021D00000014, the latest on September 30, 2025.

Which agency awarded contract 70FB7021D00000014?

FEMA Headquarters Office of the Chief Procurement Officer (Federal Emergency Management Agency) awarded 70FB7021D00000014, with funding from Federal Emergency Management Agency (Department of Homeland Security).

Who can order from contract 70FB7021D00000014?

70FB7021D00000014 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract 70FB7021D00000014 competed?

The extent of competition for 70FB7021D00000014 was full and open competition. The government received 2 offers.

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