FEMA’s National Flood Insurance Program (NFIP) Actuary Support Services.

The Federal Emergency Management Agency (FEMA), under the Department of Homeland Security, has issued a firm-fixed-price contract to obtain actuarial and geospatial support services for the National Flood Insurance Program (NFIP), with solicitation number 70FA6025B00000004. The contract encompasses a 12-month base period and four optional 12-month periods, potentially extending the performance period to five years, with work primarily conducted at the contractor’s site within the National Capital Region. The scope of services includes transitioning from the previous contractor, updating the Combined Rating Plan, conducting annual rate reviews, performing geospatial analyses, supporting research and product development, and managing transition activities. All deliverables must meet strict accuracy standards, with the Quality Assurance Surveillance Plan mandating 100% inspection and a 98% accuracy threshold, documented through monthly reports and tracked in the Contractor Performance Assessment Reporting System. The contract requires full compliance with government systems, adherence to actuarial standards, and use of FEMA-approved tools, with all work conducted under government oversight. The solicitation, issued November 20, 2025, and amended on December 9, 2025, is a full and open competition requiring electronic proposal submission by January 7, 2026. Proposals must be organized into two volumes: a technical proposal with strict page limits for each evaluation factor and a business proposal with no page restrictions. Evaluation prioritizes Technical Capability as the most critical factor, followed by Key Personnel and Past Performance, with Price treated as the least important consideration; awards will be made on a best-value trade-off basis, not lowest price technically acceptable. Key personnel requirements include a Senior Actuary with at least 10 years of experience in property/casualty risk rating and a Data Scientist, each must hold at least a bachelor’s degree and provide resumes and letters of commitment. All contractor personnel must undergo background investigations to access Controlled Unclassified Information, complete mandatory security training, and comply with DHS and NIST guidelines for data handling and sanitization. The contract includes clauses mandating personal identity verification, safeguarding of controlled unclassified information, restrictions on subcontractor sales, and Buy American compliance, while pricing details across all Contract Line Item Numbers are currently unpopulated, leaving the total contract value undetermined.