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Department of Homeland Security Awarded a Contract to TORRENT TECHNOLOGIES, INC. for $158,228,242.18
Signed on
9/30/2016, 12:00 AM
TORRENT TECHNOLOGIES, INC. Government Contract #HSFE6016D0201
TORRENT TECHNOLOGIES, INC. was awarded a contract with the United States Government for $158,228,242.18. 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
Torrent Technologies, Inc., based in Kalispell, Montana, is the recipient of a federal contract awarded by the Department of Homeland Security's Federal Emergency Management Agency. The contract, valued at $158,228,242.18, is for administering flood insurance policies under the National Flood Insurance Program. Notable details include the use of a firm fixed price contract with full and open competition, and the contract falls under the category of third-party administration of insurance and pension funds.
Contract Details
Contract IDHSFE6016D0201
Contract TypeIDV_B_C
Total Obligation$0.00
Exercised Options
Base Amount + Options$158,228,242.18
Date Signed2016-09-30
Contract DescriptionIGF::CT::IGF NATIONAL FLOOD INSURANCE PROGRAM (NFIP) DIRECT SERVING AGENT (DSA) CONTRACTOR SHALL ADMINISTER THE FLOOD INSURANCE POLICIES ISSUED AGAINST THE NFIP.
Start Date2016-09-30
End Date2021-04-29
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 OfficeMITIGATION SECTION(MIT60)
Recipient Details
RecipientTORRENT TECHNOLOGIES, INC.
Recipient Location1935 3RD AVE E # 100 KALISPELL MONTANA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business
Comments
Award Transactions
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