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Department of Health and Human Services Awarded a Contract to ACTUARIAL RESEARCH CORPORATION for $4,770,860.00

Signed on

2/21/2023, 12:00 AM

ACTUARIAL RESEARCH CORPORATION Government Contract #75FCMC23F0020

ACTUARIAL RESEARCH CORPORATION was awarded a contract with the United States Government for $4,770,860.00. The contract was awarded by the agency office OFC OF ACQUISITION AND GRANTS MGMT, which is a division with the Centers for Medicare and Medicaid Services within the Department of Health and Human Services.

Summary of Award

The recipient of the federal contract is ACTUARIAL RESEARCH CORPORATION, a U.S.-owned business based in Annandale, Virginia. The contract is for actuarial review and estimates for prescription drug & Medicare Advantage Plan, funded by the Department of Health and Human Services with a total value of $4,770,860. Notable spending patterns include total account outlays of $2,799,913 and an extent of full and open competition for the contract.

Contract Details

Contract ID75FCMC23F0020
Contract TypeC
Total Obligation$3,774,602.00
Exercised Options$3,774,602.00
Base Amount + Options$4,770,860.00
Date Signed2023-02-21
Contract DescriptionACTUARIAL REVIEW AND ESTIMATES FOR PRESCRIPTION DRUG & MEDICARE ADV PLAN
Start Date2023-05-01
End Date2027-04-30

Agency Details

Awarding AgencyDepartment of Health and Human Services
Awarding Sub AgencyCenters for Medicare and Medicaid Services
Awarding OfficeOFC OF ACQUISITION AND GRANTS MGMT
Funding AgencyDepartment of Health and Human Services
Funding Sub AgencyCenters for Medicare and Medicaid Services
Funding OfficeOFC OF ACQUISITION AND GRANTS MGMT

Recipient Details

RecipientACTUARIAL RESEARCH CORPORATION
Recipient Location6928 LITTLE RIVER TURNPIKE ANNANDALE VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Veteran Owned Business

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