Loren Data's SAM Daily™

SAMDAILY.US - ISSUE OF DECEMBER 18, 2020 SAM #6959
AWARD

99 -- Award Notice Related to Special Notice TIB-2021-P-0003 - Insurance

Notice Date

12/16/2020 9:06:56 AM
 

Notice Type

Award Notice
 

NAICS

5241 —
 

Contracting Office

OCFO - CONTRACTING OFFICE Washington DC 20002 USA
 

ZIP Code

20002
 

Solicitation Number

TIB-2021-P-0017
 

Archive Date

12/30/2020
 

Point of Contact

Denise Roberts-Maynard
 

E-Mail Address

Denise.Roberts-Maynard@FRTIB.gov
(Denise.Roberts-Maynard@FRTIB.gov)
 

Award Number

TIB-2021-P-0017
 

Award Date

12/15/2020
 

Awardee

MARSH USA INC. New York NY USA
 

Award Amount

14354.00
 

Description

The Federal Retirement Thrift Investment Board (FRTIB), headquarters located at 77 K Street, NE, Washington, DC announces the sole source contract award to Marsh�USA, Inc.�for the ERISA Bond insurance�services with a total value of $14,354.00.� This contract was awarded with authority granted under the Federal Employees Retirement System Act of 1986, 5 U.S.C. �?8474.� The contract supports the Agency�s critical infrastructure in which to house the vast majority of its Federal staff, and support contractors. The combination of staff and on-site contractors are needed to support the daily operations of the TSP .The Agency solicits these insurances to provides liability coverage FRTIB headquarters and additional satellite sites/call centers, mitigate risks and irreputable harm. In addition, it is stated in our lease agreement with 77K (Brookfield) that proper insurance coverage is required in order to not violate any conditions of the lease. Failure to maintain coverage could potentially cause an increase in rental amount for higher insurance rates imposed by the property manager for replacement coverage as defined in the 77K Basic Lease, Insurance, Section 13.1, pg.34. ERISA Bond Insurance is necessary to protect the Agency from directly paying out of pocket if there is a loss as a result of fraud, dishonesty, theft, or any form of criminal act. Insurance coverage is inevitable in order to protect the financial, physical, and cyber assets of the Agency. See attachments for additional details.
 

Web Link

SAM.gov Permalink
(https://beta.sam.gov/opp/978f2faf83bf4d51ae3731af7a01b0c9/view)
 

Place of Performance

Address: Washington, DC 20002, USA

Zip Code: 20002

Country: USA
 

Record

SN05875067-F 20201218/201216230144 (samdaily.us)
 

Source

SAM.gov Link to This Notice
(may not be valid after Archive Date)

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