Friday, December 5, 2025

CMS awards $10M FAI Financial Alignment Actuarial and Rate-Review Services contract

VOSB Actuarial Research Corporation (ARC) beat out one other bidder to win a 5-year contract from the Centers for Medicare and Medicaid Services to provide Financial Alignment Initiative (FAI) financial alignment actuarial and rate-review services. This contract, valued at $10M, was competed using the GSA Professional Services Schedule (PSS) contract vehicle.

Awardee Name: ACTUARIAL RESEARCH CORPORATION
Contract Duration: 60 months
Total Contract Value: $9,988,795.00
Funding Agency: CENTERS FOR MEDICARE AND MEDICAID SERVICES
Funding Office: OFC OF ACQUISITION AND GRANTS MGMT
Number of Bidders: 2
RFP ID: None
Award ID: 75FCMC21F0041

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Innovation in Action: Advancing Government Health with Philips

FORUM is proud to partner with Philips for a series of articles on their groundbreaking innovations in health technology that serve public- and private sector citizens and service members. Please take a look to learn more about how Philips is advancing modern and efficient health care, while improving lives for generations to come.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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