Department of Homeland Security Awarded a Contract to OST INC for $99,000,000.00

Q: Where is OST INC located?

2101 L ST NW SUITE 800 WASHINGTON DISTRICT OF COLUMBIA UNITED STATES

Signed on

3/3/2021, 12:00 AM

OST INC Government Contract #70FB7021D00000014

OST INC was awarded a contract with the United States Government for $99,000,000.00. The contract was awarded by the agency office FEMA, which is a division with the Federal Emergency Management Agency within the Department of Homeland Security.

Summary of Award

OST INC, a U.S.-Owned Business, received a federal contract worth $99 million from the Department of Homeland Security's Federal Emergency Management Agency. The contract is for providing standard insurance operations support, including expertise and standard business operations. Notable details include the use of a multi-year contract and a focus on program management support services.

Contract Details

Contract ID70FB7021D00000014

Contract TypeIDV_B_A

Total Obligation$2,500.00

Exercised Options

Base Amount + Options$99,000,000.00

Date Signed2021-03-03

Contract DescriptionNFIP STANDARD OPERATIONS CONTRACT (SOC), TO PROVIDE STANDARD INSURANCE OPERATIONS SUPPORT INCLUDING INSURANCE SUBJECT MATTER EXPERTISE AND STANDARD BUSINESS OPERATIONS.

Start Date2021-03-03

End Date2026-03-02

Agency Details

Awarding AgencyDepartment of Homeland Security

Awarding Sub AgencyFederal Emergency Management Agency

Awarding OfficeFEMA

Funding AgencyDepartment of Homeland Security

Funding Sub AgencyFederal Emergency Management Agency

Funding OfficeMS - MISSION SUPPORT

Recipient Details

RecipientOST INC

Recipient Location2101 L ST NW SUITE 800 WASHINGTON DISTRICT OF COLUMBIA, UNITED STATES

Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Not Designated a Small Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Indian (Subcontinent) American Owned Business, U.S.-Owned Business