Sigma Agricultural Risk & Actuarial Services LLC

Sigma Agricultural Risk & Actuarial Services LLC is a for-profit limited liability company registered in SAM.gov since June 2019, with its primary address located in Starkville, Mississippi. The company specializes in providing actuarial and econometric consulting services to the federal government, with a specific focus on agricultural risk management and crop insurance methodology research. Its primary client is the U.S. Department of Agriculture's Risk Management Agency (RMA), to which the company provides sophisticated technical research and analytical services related to crop insurance programs.

Over the past several years, Sigma Agricultural Risk & Actuarial Services LLC has been awarded multiple delivery orders under a $5 million single-award indefinite delivery, indefinite quantity (IDIQ) contract with the RMA. These delivery orders have consistently involved complex methodological reviews and assessments of crop insurance programs, including comprehensive reviews of individual coverage rating methodologies, establishing new methodologies for updating replant values, and conducting detailed methodology reviews of yield and premium rates for various area-based insurance plans such as Area Risk Protection Insurance, Stacked Income Protection, and Supplemental Coverage Option. Each of these contracts has been awarded on a firm fixed price basis, ranging from approximately $200,000 to $415,000, and none of the awards have involved specific set-aside designations. The work is primarily conducted in Kansas City, Missouri, with completion dates typically ranging from six to twelve months after the award date.