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General Services Administration Awarded a Contract to INSURANCE AUTO AUCTIONS, INC. for $61,510,000.00

Signed on

9/24/2025, 12:00 AM

INSURANCE AUTO AUCTIONS, INC. Government Contract #47QMCA25D001C

INSURANCE AUTO AUCTIONS, INC. was awarded a contract with the United States Government for $61,510,000.00. The contract was awarded by the agency office GSA/FAS AUTOMOTIVE CENTER, which is a division with the Federal Acquisition Service within the General Services Administration.

Summary of Award

The recipient of the federal contract is Insurance Auto Auctions, Inc., a U.S.-owned business based in Westchester, Illinois. The contract, valued at $61,510,000, was awarded by the General Services Administration's Federal Acquisition Service for support in personal property management. Notable transactions include a $2,500 payment and a subsequent refund of $2,500.

Contract Details

Contract ID47QMCA25D001C
Contract TypeIDV_B_B
Total Obligation$2,500.00
Exercised Options
Base Amount + Options$61,510,000.00
Date Signed2025-09-24
Contract DescriptionZONE 2 AUCTION AND MARSHALLING IDIQ - FY 26-FY 30 INSURANCE AUTO AUCTIONS, INC.
Start Date2025-10-01
End Date2026-09-30

Agency Details

Awarding AgencyGeneral Services Administration
Awarding Sub AgencyFederal Acquisition Service
Awarding OfficeGSA/FAS AUTOMOTIVE CENTER
Funding AgencyGeneral Services Administration
Funding Sub AgencyFederal Acquisition Service
Funding OfficeGSA/FAS AUTOMOTIVE CENTER

Recipient Details

RecipientINSURANCE AUTO AUCTIONS, INC.
Recipient Location2 WESTBROOK CORPORATE CTR STE 1000 WESTCHESTER ILLINOIS, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #PA0001$2,500.00October 8, 2025

Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $2,500.00 to INSURANCE AUTO AUCTIONS, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #0$0.00September 24, 2025

Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to INSURANCE AUTO AUCTIONS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #PS0003$0.00May 13, 2026

Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to INSURANCE AUTO AUCTIONS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #PA0004$-2,500.00May 13, 2026

Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $-2,500.00 to INSURANCE AUTO AUCTIONS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #PS0002$0.00October 23, 2025

Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to INSURANCE AUTO AUCTIONS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #PA0001$2,500.00October 8, 2025

Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $2,500.00 to INSURANCE AUTO AUCTIONS, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #0$0.00September 24, 2025

Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to INSURANCE AUTO AUCTIONS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.