Interior Department Contract for Railroad Insurance Reimbursement with Pennsylvania Authority
Contract Overview
Contract Amount: $139,625 ($139.6K)
Contractor: Pennsylvania Northeast Regional Railroad Authority
Awarding Agency: Department of the Interior
Start Date: 2026-04-01
End Date: 2027-03-31
Sector: Transportation
Official Description: MOD STEA- PNRRA INSURANCE REIMBURSEMENT
Plain-Language Summary
Department of the Interior obligated $139,625 to PENNSYLVANIA NORTHEAST REGIONAL RAILROAD AUTHORITY for work described as: MOD STEA- PNRRA INSURANCE REIMBURSEMENT Key points: 1. Contract awarded to a regional railroad authority for insurance reimbursement. 2. Potential for cost savings through dedicated insurance coverage. 3. Risk of underestimation in reimbursement needs or coverage gaps. 4. Ensures continuity of service for a critical regional transportation asset.
Value Assessment
Rating: good
The contract value is substantial, indicating a significant need for insurance reimbursement services. The award mechanism suggests a competitive or well-justified selection process.
Cost Per Unit: N/A
Competition Analysis
Competition Level: unknown
The award type is listed as 'DEFINITIVE CONTRACT', but the specific procurement method (e.g., full and open competition, sole source) is not detailed in the provided data.
Taxpayer Impact: Taxpayer funds will cover insurance reimbursement for a regional railroad, potentially stabilizing operational costs.
Public Impact
Ensures continued rail service for passengers and freight in the Northeast Pennsylvania region. Protects against financial losses from unforeseen events impacting rail operations. Supports the economic activity reliant on the affected rail lines.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Potential for cost overruns if insurance claims exceed budgeted amounts.
- Risk of inadequate coverage for catastrophic events.
- Dependence on the financial stability of the contracting authority.
Positive Signals
- Secures essential insurance coverage for critical infrastructure.
- Provides a clear framework for reimbursement of insurance-related expenses.
- Supports the long-term viability of the regional rail network.
Sector Analysis
This contract falls within the transportation and infrastructure sector, specifically focusing on the operational and financial resilience of a regional railroad. It highlights the government's role in supporting essential public services.
Small Business Impact
The contract does not appear to be set aside for small businesses. The awardee is a regional railroad authority, suggesting a focus on specialized entities rather than general small business participation.
Oversight & Accountability
Oversight will likely involve monitoring the claims process, ensuring compliance with insurance terms, and verifying the appropriateness of reimbursement requests against the contract's scope.
Related Government Programs
- MOD STEA- PNRRA INSURANCE REIMBURSEMENT
- Railroad Insurance
- Transportation Infrastructure Support
Risk Flags
- Contract Type
- Procurement Method
- Insurance Claim Verification
Tags
federal-spending, department-of-the-interior, national-park-service, pennsylvania, northeast-regional-railroad-authority, insurance-reimbursement, definitive-contract, transportation, infrastructure, railroad
Frequently Asked Questions
What is this federal contract paying for?
Department of the Interior awarded $139,625 to PENNSYLVANIA NORTHEAST REGIONAL RAILROAD AUTHORITY. MOD STEA- PNRRA INSURANCE REIMBURSEMENT
Who is the contractor on this award?
The obligated recipient is PENNSYLVANIA NORTHEAST REGIONAL RAILROAD AUTHORITY.
Which agency awarded this contract?
Awarding agency: Department of the Interior (National Park Service).
What is the total obligated amount?
The obligated amount is $139,625.
What is the period of performance?
Start: 2026-04-01. End: 2027-03-31.
Analysis insight 1
The contract aims to reimburse the Pennsylvania Northeast Regional Railroad Authority for insurance-related expenses.
Analysis insight 2
The duration of the contract suggests a need for ongoing insurance coverage and claims management.
Analysis insight 3
Further details on the specific insurance policies covered would clarify the scope of reimbursement.