70FA6026C00000001
Definitive Contract
Overview
Government Description
Actuarial services to provide technical actuarial and geospatial capabilities, analytics, advice, and guidance on activities related to ratemaking and insurance pricing for the National Flood Insurance Program (NFIP). The contractor will provide support for NFIP rating and risk rating 2.0 policy forms, including review and analysis of policy forms. Additionally, the contractor will assist with transition in and transition out processes as part of the overall actuarial and geospatial support services.
Awardee
Awarding Agency
Place of Performance
Washington, DC 20472 United States
Pricing
Fixed Price
Set Aside
None
Extent Competed
Full And Open Competition
Est. Average FTE
11
Related Opportunity
Analysis Notes
Subcontracting Plan This Definitive Contract has a Commercial Subcontract Plan. The Department of Homeland Security has an overall small business subcontracting goal of 43%
Milliman was awarded
Definitive Contract 70FA6026C00000001 (70FA60-26-C-00000001)
for NFIP Actuarial And Geospatial Support Services
worth up to $11,288,259
by Federal Insurance and Mitigation Administration
in May 2026.
The contract
has a duration of 5 years and
was awarded
through solicitation NFIP Actuarial Services
full & open
with
NAICS 524298 and
PSC R499
via direct negotiation acquisition procedures with 2 bids received.
As of today, the Definitive Contract has a total reported backlog of $9,156,085.
Status
(Open)
Last Modified 5/20/26
Period of Performance
5/11/26
Start Date
5/10/27
Current End Date
5/10/31
Potential End Date
Obligations and Backlog
$2.1M
Total Obligated
$2.1M
Current Award
$11.3M
Potential Award
$0.0
Funded Backlog
$9.2M
Total Backlog
Award Hierarchy
Definitive Contract
70FA6026C00000001
Subcontracts
Activity Timeline
Opportunity Lifecycle
Procurement history for 70FA6026C00000001
Transaction History
Modifications to 70FA6026C00000001
People
Suggested agency contacts for 70FA6026C00000001
Competition
Number of Bidders
2
Solicitation Procedures
Negotiated Proposal/Quote
Evaluated Preference
None
Commercial Item Acquisition
Commercial Item
Simplified Procedures for Commercial Items
No
Other Categorizations
Subcontracting Plan
Commercial Subcontract Plan
Cost Accounting Standards
Exempt
Business Size Determination
Large Business
Awardee UEI
LM8QZWD2PYU3
Awardee CAGE
1BYJ0
Agency Detail
Awarding Office
70FA60 MITIGATION SECTION(MIT60)
Funding Office
70FPFM
Created By
alexander.ramireztorres@fema.dhs.gov
Last Modified By
alexander.ramireztorres@fema.dhs.gov
Approved By
alexander.ramireztorres@fema.dhs.gov
Legislative
Legislative Mandates
None Applicable
Performance District
DC-98
Modified: 5/20/26