Department of Agriculture Awarded a Contract to MBA ACTUARIES LLC for $250,000.00

Q: Where is MBA ACTUARIES LLC located?

2001 ROUTE 46 STE 310 PARSIPPANY NEW JERSEY UNITED STATES

Signed on

9/14/2023, 12:00 AM

MBA ACTUARIES LLC Government Contract #12FPC123A0021

MBA ACTUARIES LLC was awarded a contract with the United States Government for $250,000.00. The contract was awarded by the agency office FPAC BUS CNTR-ACQ DIV-CENTRAL SEC, which is a division with the Under Secretary for Farm and Foreign Agricultural Services within the Department of Agriculture.

Summary of Award

The recipient of the federal contract is MBA ACTUARIES LLC, a U.S.-owned business specializing in insurance-related activities. The contract, funded by the Department of Agriculture's Risk Management Agency, is a Blanket Purchase Agreement (BPA) for actuarial and underwriting expert review of insurance policies, with a total value of $250,000. Notable transactions include multiple modifications to the contract, all with no transaction amounts listed.

Contract Details

Contract ID12FPC123A0021

Contract TypeIDV_E

Total Obligation$0.00

Exercised Options

Base Amount + Options$250,000.00

Date Signed2023-09-14

Contract DescriptionBLANKET PURCHASE AGREEMENT (BPA) FOR ACTUARIAL AND UNDERWRITING EXPERT REVIEW OF POLICIES, PLANS OF INSURANCE AND RELATED MATERIAL AS REQUIRED BY THE FEDERAL CROP INSURANCE ACT.

Start Date2023-10-01

End Date2028-09-30

Agency Details

Awarding AgencyDepartment of Agriculture

Awarding Sub AgencyUnder Secretary for Farm and Foreign Agricultural Services

Awarding OfficeFPAC BUS CNTR-ACQ DIV-CENTRAL SEC

Funding AgencyDepartment of Agriculture

Funding Sub AgencyRisk Management Agency

Funding OfficeRMA-ACTUARIAL AND PROD DESIGN DIV

Recipient Details

RecipientMBA ACTUARIES LLC

Recipient Location2001 ROUTE 46 STE 310 PARSIPPANY NEW JERSEY, 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 #P00003 | $0.00July 13, 2026

Risk Management Agency, a sub agency of Department of Agriculture, issued a payment of $0.00 to MBA ACTUARIES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $0.00August 12, 2025

Risk Management Agency, a sub agency of Department of Agriculture, issued a payment of $0.00 to MBA ACTUARIES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $0.00August 8, 2024

Risk Management Agency, a sub agency of Department of Agriculture, issued a payment of $0.00 to MBA ACTUARIES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $0.00September 14, 2023

Risk Management Agency, a sub agency of Department of Agriculture, issued a payment of $0.00 to MBA ACTUARIES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.