The Maritime Administration (MARAD) is seeking a licensed marine insurance broker to manage and administer a fleet Protection & Indemnity (P&I) Policy for training ships owned by the U.S. Government and berthed at six State Maritime Academies (SMAs). The policy needs to provide at least $1 billion in coverage per ship and adhere to specific U.S. Department of Justice clauses, prohibiting mandatory binding arbitration or foreign court claims, and including a “no recourse” clause due to the Anti-deficiency Act. The broker will be responsible for canvassing the P&I market, advising MARAD on coverage, placing annual policies, and supporting claims. The contract is a Firm-Fixed-Priced Contract with a base period from February 19, 2026, to February 18, 2027, and four one-year options, extending the total performance to five years. Key personnel include a Brokerage Agent, and the contract incorporates various FAR clauses, including those related to commercial items and government interests.