MARAD Protection & Indemnity Policy Services
Solicitation from MARITIME ADMINISTRATION • TRANSPORTATION, DEPARTMENT OF. Place of performance: DC. Response deadline: Jan 30, 2026. Industry: NAICS 524210 • PSC G008.
Market snapshot
Baseline awarded-market signal across all contracting (sample of 400 recent awards; refreshed periodically).
Related hubs & trends
Navigate the lattice: hubs for browsing, trends for pricing signals.
Point of Contact
Agency & Office
More in NAICS 524210
Description
MARAD seeks a state-licensed marine insurance broker to provide brokerage and consultancy services to MARAD and the SMAs in order to place, manage and administer (from producing coverage, to claim support with respect to the insurer) marine insurance P&I coverage for the said fleet of MARAD-owned vessels. The deliverable will be the placement and management of a fleet P&I coverage policy by a marine underwriter or a mutual assurance association with maximum club limits for the training ships.The marine insurance broker will be tasked with (1) canvassing the P&I club market to obtain the best value for fleet coverage of P&I risks, (2) advising MARAD on appropriate P&I coverage risks and costs, (3) placing P&I fleet coverage for the fleet on an annual basis, and 4) supporting MARAD with insurance claim processing with insurer.
Files
Files size/type shown when available.
BidPulsar Analysis
A practical, capture-style breakdown of fit, requirements, risks, and next steps.
FAQ
How do I use the Market Snapshot?
It summarizes awarded-contract behavior for the opportunity’s NAICS and sector, including a recent pricing band (P10–P90), momentum, and composition. Use it as context, not a guarantee.
Is the data live?
The signal updates as new awarded notices enter the system. Always validate the official award and solicitation details on SAM.gov.
What do P10 and P90 mean?
P10 is the 10th percentile award size and P90 is the 90th percentile. Together they describe the typical spread of award values.