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Department of Labor Awarded a Contract to LEPTON ACTUARIAL & CONSULTING, LLC for $1,042,500.00

Signed on

6/26/2024, 12:00 AM

LEPTON ACTUARIAL & CONSULTING, LLC Government Contract #1605C324C0006

LEPTON ACTUARIAL & CONSULTING, LLC was awarded a contract with the United States Government for $1,042,500.00. The contract was awarded by the agency office DOL - CAS DIVISION 3 PROCUREMENT, which is a division with the Office of the Assistant Secretary for Administration and Management within the Department of Labor.

Summary of Award

The recipient of the federal contract is Lepton Actuarial & Consulting, LLC, a small business based in New York. The contract, funded by the Department of Labor's Office of Workers Compensation Program, is for actuarial liability estimates and audit support services totaling $253,046.40. Notable spending transactions include amounts of $121,550.90, $78,358.29, and $53,137.21 for related services.

Contract Details

Contract ID1605C324C0006
Contract TypeD
Total Obligation$253,046.40
Exercised Options$400,500.00
Base Amount + Options$1,042,500.00
Date Signed2024-06-26
Contract DescriptionOFFICE OF WORKERS' COMPENSATION PROGRAMS (OWCP) ACTUARIAL LIABILITY ESTIMATES, AND RELATED AUDIT SUPPORT SERVICES.
Start Date2024-06-27
End Date2025-06-26

Agency Details

Awarding AgencyDepartment of Labor
Awarding Sub AgencyOffice of the Assistant Secretary for Administration and Management
Awarding OfficeDOL - CAS DIVISION 3 PROCUREMENT
Funding AgencyDepartment of Labor
Funding Sub AgencyOffice of Workers Compensation Program
Funding OfficeDOL(OWCP) BLACK LUNG TRUST-OWCP

Recipient Details

RecipientLEPTON ACTUARIAL & CONSULTING, LLC
Recipient Location515 MADISON AVE FL 8 NEW YORK NEW YORK, UNITED STATES
Business CategoriesBlack American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00002 | $121,550.90June 17, 2025

Office of Workers Compensation Program, a sub agency of Department of Labor, issued a payment of $121,550.90 to LEPTON ACTUARIAL & CONSULTING, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $78,358.29September 11, 2024

Office of Workers Compensation Program, a sub agency of Department of Labor, issued a payment of $78,358.29 to LEPTON ACTUARIAL & CONSULTING, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $53,137.21June 26, 2024

Office of Workers Compensation Program, a sub agency of Department of Labor, issued a payment of $53,137.21 to LEPTON ACTUARIAL & CONSULTING, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $0.00June 1, 2026

Office of Workers Compensation Program, a sub agency of Department of Labor, issued a payment of $0.00 to LEPTON ACTUARIAL & CONSULTING, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $20,376.18April 28, 2026

Office of Workers Compensation Program, a sub agency of Department of Labor, issued a payment of $20,376.18 to LEPTON ACTUARIAL & CONSULTING, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $121,550.90June 17, 2025

Office of Workers Compensation Program, a sub agency of Department of Labor, issued a payment of $121,550.90 to LEPTON ACTUARIAL & CONSULTING, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $78,358.29September 11, 2024

Office of Workers Compensation Program, a sub agency of Department of Labor, issued a payment of $78,358.29 to LEPTON ACTUARIAL & CONSULTING, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $53,137.21June 26, 2024

Office of Workers Compensation Program, a sub agency of Department of Labor, issued a payment of $53,137.21 to LEPTON ACTUARIAL & CONSULTING, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $105,211.62September 15, 2026

Office of Workers Compensation Program, a sub agency of Department of Labor, issued a payment of $105,211.62 to LEPTON ACTUARIAL & CONSULTING, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $0.00June 1, 2026

Office of Workers Compensation Program, a sub agency of Department of Labor, issued a payment of $0.00 to LEPTON ACTUARIAL & CONSULTING, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $20,376.18April 28, 2026

Office of Workers Compensation Program, a sub agency of Department of Labor, issued a payment of $20,376.18 to LEPTON ACTUARIAL & CONSULTING, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $121,550.90June 17, 2025

Office of Workers Compensation Program, a sub agency of Department of Labor, issued a payment of $121,550.90 to LEPTON ACTUARIAL & CONSULTING, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $78,358.29September 11, 2024

Office of Workers Compensation Program, a sub agency of Department of Labor, issued a payment of $78,358.29 to LEPTON ACTUARIAL & CONSULTING, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $53,137.21June 26, 2024

Office of Workers Compensation Program, a sub agency of Department of Labor, issued a payment of $53,137.21 to LEPTON ACTUARIAL & CONSULTING, LLC. The payment included a Subsidy Cost of $0.00.