70FB7021D00000014
Indefinite Delivery Contract
Overview
Government Description
NFIP STANDARD OPERATIONS CONTRACT (SOC), TO PROVIDE STANDARD INSURANCE OPERATIONS SUPPORT INCLUDING INSURANCE SUBJECT MATTER EXPERTISE AND STANDARD BUSINESS OPERATIONS.
Awarding Agency
Funding Agency
Pricing
Labor Hours
Set Aside
None
Extent Competed
Full And Open Competition
Multiple / Single Award
Single Award
Who Can Use
Single Agency
Individual Order Limit
$99,000,000
Vehicle Ceiling
$99,000,000 (74% Used)
Related Opportunity
Analysis Notes
Place of Performance Largest percentage of work under issued task orders completed at: Washington, District of Columbia 20001 United States.
Amendment Since initial award the Ordering Period End Date was extended from 09/02/21 to 03/02/26.
Direct Award $2,500.00 was obligated directly to this IDV and does not have an associated task order.
Amendment Since initial award the Ordering Period End Date was extended from 09/02/21 to 03/02/26.
Direct Award $2,500.00 was obligated directly to this IDV and does not have an associated task order.
Optimal Solutions and Technologies was awarded
Indefinite Delivery Contract 70FB7021D00000014 (70FB70-21-D-00000014)
by
Federal Emergency Management Agency
for Nfip Standard Operations Contract (SOC), To Provide Standard Insurance Operations Support Including Insurance Subject Matter Expertise And Standard Business Operations.
in March 2021.
The IDC
has a duration of 5 years and
was awarded
through solicitation National Flood Insurance Program Standard Operations FIMA-15
full & open
with
NAICS 541990 and
PSC R408
via direct negotiation acquisition procedures with 2 bids received.
To date, $73,526,142 has been obligated through this vehicle with a potential value of all existing task orders of $90,079,012.
The total ceiling is $99,000,000, of which 74% has been used.
As of today, the IDC has a total reported backlog of $16,552,869.
Status
(Open)
Modified 7/24/25
Period of Performance
3/2/21
Start Date
3/2/26
Ordering Period End Date
Task Order Obligations and Backlog
$73.5M
Total Obligated
$73.5M
Current Award
$90.1M
Potential Award
$0.0
Funded Backlog
$16.6M
Total Backlog
Federal Award Analysis
Historical federal task order obligations under 70FB7021D00000014
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Contracts
$-
Subcontracts
$-
Grants
$-
Subgrants
$-
Total
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| Year | Contracts | Subcontracts | Grants | Subgrants |
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Contract Awards
Prime task orders awarded under 70FB7021D00000014
Subcontract Awards
Disclosed subcontracts for 70FB7021D00000014
Opportunity Lifecycle
Procurement history for 70FB7021D00000014
Transaction History
Modifications to 70FB7021D00000014
People
Suggested agency contacts for 70FB7021D00000014
Competition
Number of Bidders
2
Solicitation Procedures
Negotiated Proposal/Quote
Evaluated Preference
None
Performance Based Acquisition
Yes
Commercial Item Acquisition
Commercial Item
Simplified Procedures for Commercial Items
No
Other Categorizations
Subcontracting Plan
Plan Not Required
Cost Accounting Standards
Exempt
Business Size Determination
Large Business
Awardee UEI
FPLRRX1M2YS5
Awardee CAGE
1NCB1
Agency Detail
Awarding Office
70FH10 FEMA
Funding Office
70FPMS MS - MISSION SUPPORT
Created By
bryan.falcone@fema.dhs.gov
Last Modified By
bryan.falcone@fema.dhs.gov
Approved By
bryan.falcone@fema.dhs.gov
Legislative
Legislative Mandates
Labor Standards
Awardee District
DC-11
Budget Funding
| Federal Account | Budget Subfunction | Object Class | Total | Percentage |
|---|---|---|---|---|
| National Flood Insurance Fund, Federal Emergency Management Agency, Homeland Security (070-4236) | Disaster relief and insurance | Other services from non-Federal sources (25.2) | $45,587,101 | 100% |
Last Modified: 7/24/25