Vedenov Consulting, LLC

Vedenov Consulting, LLC, doing business as Vedenov Consulting, is a sole proprietorship and limited liability company registered to receive federal contract awards since January 26, 2010. The company specializes in providing expert review services in support of the Federal Crop Insurance Act, primarily for the United States Department of Agriculture's Risk Management Agency. Vedenov Consulting offers specialized actuarial analysis and underwriting expertise to aid in the development and evaluation of crop insurance policies and plans. The firm's services are crucial in promoting effective risk management solutions and expanding access to financial risk management tools for America's agricultural producers.

The company has been awarded multiple task orders under its Blanket Purchase Agreement (BPA) with the Risk Management Agency. These awards have included expert reviews of various concept proposals, confidential submissions, and specific insurance products. Notable examples include a $20,400 task order for reviewing fire insurance-smoke index concept proposals, a $5,100 order for examining a general concept proposal, and several other assignments ranging from $4,770 to $19,460 for reviewing proposals such as the Cost Protection Endorsement, Florida Citrus APH, Precise Area Revenue Coverage (PARC), Weaned Calf Revenue, Future Revenue Coverage, and an oyster-related concept. All of these task orders have been awarded without set-asides and typically involve work performed in College Station, Texas.

Vedenov Consulting currently holds a single-award Blanket Purchase Agreement (BPA) with the USDA Risk Management Agency, awarded on October 1, 2023, with a ceiling value of $250,000 and an ultimate completion date of September 30, 2028. This BPA covers actuarial and underwriting expert review services for policies, plans of insurance, and related materials as required by the Federal Crop Insurance Act. Under this agreement, the company has already received two firm-fixed price task orders: a $5,100 order for a three-week expert review of a concept proposal, and a $20,400 order for reviewing fire insurance-smoke index concept proposals through April 2024. These task orders demonstrate the ongoing nature of Vedenov Consulting's relationship with the Risk Management Agency and its continued role in providing specialized actuarial analysis to support the agency's crop insurance policy and plan evaluation responsibilities.