The Federal Emergency Management Agency (FEMA) awarded a single-award Indefinite Delivery Contract to OST Inc., also known as Optimal Solutions And Technologies, to provide standard insurance operations support, including insurance subject matter expertise and standard business operations, for the National Flood Insurance Program (NFIP). The total ceiling value of the contract is $99 million, with an ultimate completion date of September 2, 2024.
Under this contract, OST has been issued two substantial delivery orders to date. The first is a $58.3 million firm-fixed price award to provide NFIP support services through March 2026. The second is a $31.6 million labor-hours award for unspecified NFIP support services through June 2023. The contracted services aim to support FEMA's floodplain management and insurance responsibilities by serving as a source of information and expertise for the NFIP Write Your Own insurance companies and Direct Servicing Agent. No subcontractors or set-aside designations were identified for these task orders.
Generated 7/18/24, 9:09 AM