The Federal Emergency Management Agency (FEMA) issued a Sources Sought Notice (SSN) through its Federal Insurance Directorate’s Actuarial and Catastrophic Modeling Branch. This SSN aims to gauge marketplace capabilities for providing commercial storm surge and inland flood catastrophe data models, which are key for pricing insurance and reinsurance. It emphasizes that this document is not a solicitation for proposals but a tool for market research to assess the availability of suitable vendors. Interested parties are invited to submit their capability statements, detailing their software infrastructure, modeling capabilities, client base, and pricing structures by April 25, 2025. FEMA requests specific information, including model specifics (perils and sub-perils addressed), compliance with inland flood model requirements, and a description of event response capabilities and risk management strategies. The inquiry follows guidelines contained in the Federal Acquisition Regulation regarding potential organizational conflicts of interest. This SSN is categorized under NAICS code 513210 (Software Publishers), with a small business size standard of $38.5 million. The anticipated period for performance is set to commence in August 2025, with plans for multiple awards contingent on responses received. Proper submission formatting is also stipulated to maintain clarity and organization.

The Department of Homeland Security's Federal Insurance and Mitigation Administration (FIMA) seeks to procure multiple catastrophe models for storm surge and inland flooding as part of its National Flood Insurance Program (NFIP). The main goal is to enhance the agency’s risk analysis, risk reduction, and insurance capabilities, enabling quicker recovery from disasters while minimizing financial impacts. This procurement includes software licenses and support services such as installation, training, and technical assistance. FEMA will award a multiple-award blanket purchase agreement (BPA) for commercially available catastrophe modeling software. Key requirements include geographic coverage for all U.S. states, stochastic event simulations, the ability to produce detailed loss data at individual structures, and ongoing technical support. The contract will span one year, with four optional extensions. Additionally, the SOW emphasizes security, privacy training, and compliance with federal standards including records management, section 508 accessibility, and information technology security. Contractors must adhere to stringent guidelines to protect Controlled Unclassified Information (CUI) and ensure the professional conduct of personnel engaged in the project. This initiative reflects FEMA’s commitment to improving disaster preparedness and financial resilience through advanced modeling and analysis capabilities.