Watts & Associates, Inc.
Billings, MT
- UEI
- R2NXQMLQJTC9
- CAGE
- 3HPC6
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- Other NAICS codes in SAM.gov
- SAM.gov registration date
- Physical address
- 4331 Hillcrest Rd, Billings, MT 59101, USA
- Website
- wattsandassociates.com
- Employees
- 51-250
- Estimated annual revenue
- $10M-$50M
- Industry
-
- Industrials
- Commercial & Professional Services
- Professional Services
- Consulting
- SIC code
- 87 Engineering & Management Services
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $0 |
| FY2026 | $529,965 |
| FY2025 | $302,977 |
| FY2024 | $133,554 |
| FY2023 | $476,036 |
Top agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of Agriculture | $529,965 |
Contract vehicles
Contract awards
Latest 5 listed here. See the rest on GovTribe.
Grant awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| 2014 508H reimbursement | Risk Management Agency | $384,668 |
Similar vendors
| Vendor | Location | Primary NAICS |
|---|---|---|
| Coble Economic Consulting | Starkville, MS | 541690 Other Scientific and Technical Consulting Services |
| Agralytica, Inc. | Alexandria, VA | 541611 Administrative Management and General Management Consulting Services |
| Sigma Agricultural Risk & Actuarial Services LLC | Starkville, MS | 524298 All Other Insurance Related Activities |
| Windsor Strategy Partners, Inc. | Princeton, NJ | 524298 All Other Insurance Related Activities |
| Brian A Werner | Kansas City, MO | 524298 All Other Insurance Related Activities |
About the company
Watts & Associates, Inc. is a for-profit economic consulting firm registered in SAM.gov since 2003, specializing in agricultural risk management innovation. Based in Billings, Montana, the company operates as a Subchapter S corporation and focuses primarily on providing specialized consulting services to federal agencies, with a particular emphasis on crop insurance program development and support. The firm has established itself as a key partner for the U.S. Department of Agriculture, delivering comprehensive economic consulting and technical services that help advance agricultural risk management strategies.
Through its federal contract awards, Watts & Associates, Inc. has consistently provided sophisticated services to the Risk Management Agency, focusing on developing and refining crop insurance policies for specialized agricultural sectors. The company has secured multiple delivery order contracts totaling over $1.4 million, covering diverse projects such as developing pilot crop insurance policies for tribal wild rice, lamb production, and controlled environment agriculture. These contracts have involved tasks like data gathering, expert review services, draft policy submissions, and policy development for unique agricultural domains. While most of their recent contracts have not been set aside, one contract for a tribal wild rice pilot crop insurance policy was designated as a total small business set-aside, demonstrating the firm's ability to compete in various contract environments.
Watts & Associates, Inc. holds two significant federal contract Indefinite Delivery/Indefinite Quantity (IDV) vehicles that expand its service capabilities. The first is a $4.1 million Blanket Purchase Agreement with the Risk Management Agency, focused on the Production and Revenue History (PRH) Crop Insurance Program targeting specialty crops like fruits, vegetables, tree nuts, and horticulture. The second is a $6 million Multiple Award Schedule (MAS) contract with the Federal Acquisition Service, providing professional services including project management, actuarial analysis, research, cost analysis, and training. These IDVs enable the company to offer a broad range of services to federal agencies, with a contract period extending through October 2026, and utilize both firm-fixed-price and labor-hour pricing arrangements.
Quick answers
Is Watts & Associates, Inc. registered in SAM.gov?
Yes. Watts & Associates, Inc.'s SAM.gov registration is active through March 5, 2027.
Which contract vehicles does Watts & Associates, Inc. hold?
Watts & Associates, Inc. holds a place on 2 federal contract vehicles, including MAS and PSS.
How much has Watts & Associates, Inc. received in federal contracts?
Federal contracts obligated $302,977 to Watts & Associates, Inc. in fiscal year 2025 and $1,442,532 in fiscal years 2023 through 2027.
What is Watts & Associates, Inc.'s most recent federal award?
Watts & Associates, Inc.'s most recent federal contract award is Oyster crop insurance program (12FPC425F0030), from Farm Production and Conservation, on February 10, 2025.
On GovTribe
See Watts & Associates, Inc.'s full federal record
- Federal contract awards
- IDV awards
- Contract vehicles
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors