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Department of Homeland Security Awarded a Contract to MILLIMAN INCORPORATED for $11,288,259.44

Signed on

5/11/2026, 12:00 AM

MILLIMAN INCORPORATED Government Contract #70FA6026C00000001

MILLIMAN INCORPORATED was awarded a contract with the United States Government for $11,288,259.44. The contract was awarded by the agency office MITIGATION SECTION(MIT60), which is a division with the Federal Emergency Management Agency within the Department of Homeland Security.

Summary of Award

The recipient of the federal contract is Milliman Incorporated, which provides actuarial services related to ratemaking and insurance pricing for the NFIP. The contract, funded by the Department of Homeland Security's Federal Emergency Management Agency, is a definitive contract worth $2,132,174.28. The contract involves providing technical actuarial and geospatial capabilities, analytics, advice, and guidance. The single transaction in the list shows the award amount was fully obligated on the same day it was issued.

Contract Details

Contract ID70FA6026C00000001
Contract TypeD
Total Obligation$2,132,174.28
Exercised Options$2,132,174.28
Base Amount + Options$11,288,259.44
Date Signed2026-05-11
Contract DescriptionACTUARIAL SERVICES TO PROVIDE TECHNICAL ACTUARIAL AND GEOSPATIAL CAPABILITIES, ANALYTICS, ADVICE, AND GUIDANCE ON ACTIVITIES RELATED TO RATEMAKING AND INSURANCE PRICING FOR THE NFIP. NFIP RATEMAKING ENCOMPASSES A SET OF INTERLINKING ANALYSES THAT TH
Start Date2026-05-11
End Date2027-05-10

Agency Details

Awarding AgencyDepartment of Homeland Security
Awarding Sub AgencyFederal Emergency Management Agency
Awarding OfficeMITIGATION SECTION(MIT60)
Funding AgencyDepartment of Homeland Security
Funding Sub AgencyFederal Emergency Management Agency
Funding OfficeRESILIENCE – FIMA FEDERAL INSURANCE AND MITIGATION ADMINISTRATION

Recipient Details

RecipientMILLIMAN INCORPORATED
Recipient Location1301 5TH AVE STE 3800 SEATTLE WASHINGTON, 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 #0$2,132,174.28May 11, 2026

Federal Emergency Management Agency, a sub agency of Department of Homeland Security, issued a payment of $2,132,174.28 to MILLIMAN INCORPORATED. The payment included a Subsidy Cost of $0.00.