GOVCIO, LLC - IGF::OT::IGF LIFE INSURANCE POLICY ADMINISTRATION SOLUTION (LIPAS)
Key Details
Description
IGF::OT::IGF LIFE INSURANCE POLICY ADMINISTRATION SOLUTION (LIPAS)
Context & Analysis
Department of Veterans Affairs obligated $36,688,351.68 to GOVCIO, LLC for igf::ot::igf life insurance policy administration solution (lipas). The award is classified under NAICS 541512. Competition extent: full and open competition with 2 offers received. The procurement used a SERVICE DISABLED VETERAN OWNED SMALL BUSINESS SET-ASIDE set-aside. Performance is located in DC. This award is one of several similar procurements from Department of Veterans Affairs under NAICS 541512 — related awards are listed below.
Market context
- Recompete outlook
- Ended May 31, 2023 (41 months ago). Recompete signal as of Oct 18, 2026: 49/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
- Competition
- Competed, with 2 offers. 58% of 435 awards in this market (Department of Veterans Affairs awards in NAICS 541512 over the last 3 years) were competed; median 3 offers.
- Award size
- At $36.7M, this award is larger than three in four of the 449 priced Department of Veterans Affairs awards in NAICS 541512 over the last 3 years (median $548K).
- Incumbent at this agency
- GOVCIO, LLC has 43 other awards from Department of Veterans Affairs, totalling $3.0B, 2020–2026.
- Largest vendors in this market
By obligations, Department of Veterans Affairs awards in NAICS 541512 over the last 3 years.
- ORACLE CORP — 23 awards, $7.0B
- BOOZ ALLEN HAMILTON INC — 10 awards, $4.1B
- NOVETTA SOLUTIONS, LLC — 7 awards, $1.8B
- CGI FEDERAL INC. — 2 awards, $785.1M
- SOLDIERPOINT DIGITAL HEALTH, LLC — 81 awards, $684.5M
Computed from USAspending award data on Oct 18, 2026.
Contractor Information
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