The federal contract IDV award N0017825D8002 is a Seaport-NXG multiple award indefinite-delivery/indefinite-quantity (IDIQ) contract issued by the Naval Sea Systems Command (NAVSEA), a major Naval Systems Command under the U.S. Department of Defense. The contract has a ceiling value of $4,000,000,000 and a period of performance through January 1, 2029. The prime contractor, Watermark Risk Management International, LLC, is a service-disabled veteran-owned small business that will provide subject matter expertise and risk management services to NAVSEA and its Navy SYSCOM partners, including NAVAIR, NAVWAR, NAVFAC, NAVSUP, ONR, and USMC. This contract was awarded without any set-asides through a competitive solicitation process, and the primary NAICS code is 541330 for Facilities Support Services with a $47 million small business size standard. The contracting opportunity was initially announced as a pre-solicitation notice on February 2, 2024, with the full request for proposals anticipated to be released in the second quarter of fiscal year 2024 through the beta.SAM.gov website.
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