How big are federal contracts in Insurance Agencies and Brokerages nationwide?

922 awards made FY2024–FY2026 under NAICS 524210. Each award counts once, at its value now (base plus exercised options). Contracts, purchase orders, orders under contract vehicles and vehicle ceilings are shown apart: mixing them would put $5K orders next to $500M ceilings.

By kind of award

Award values by kind
KindAwards10th pct25th pctMedian75th pct90th pct
Definitive contracts12$17.0K$17.9K$217.5K$371.7K$780.0K
Purchase orders104$10.5K$13.6K$27.9K$71.8K$109.6K
Orders under contract vehicles729$1.6K$18.0K$30.6K$80.6K$320.0K
Contract vehicles (ceilings)77$10.5K$27.3K$100.0K$228.0K$3.19M

Definitive contracts are stand-alone contracts; purchase orders are mostly simplified acquisitions (under $350K since October 2025, $250K before). Orders are task and delivery orders and BPA calls placed under a vehicle. A vehicle's ceiling is what it may be worth with every option, often shared by many companies, not what was spent.

By set-aside

Contract and purchase-order values by set-aside
Set-aside (contracts and purchase orders)Awards10th pct25th pctMedian75th pct90th pct
No set-aside113$10.5K$15.6K$28.0K$80.1K$200.9K
Small business2too few to show percentiles
8(a)1too few to show percentiles

Competed or not

Award values by competition
How it was bought (all but vehicles)Awards10th pct25th pctMedian75th pct90th pct
Competed801$1.7K$17.8K$29.9K$79.2K$312.1K
Not competed44$13.2K$23.3K$53.7K$109.5K$242.2K

By state

Contract and purchase-order values by state
Where the work is (contracts and purchase orders)Awards10th pct25th pctMedian75th pct90th pct
DC8$24.3K$27.5K$38.3K$475.8K$1.25M
CA4too few to show percentiles
AZ2too few to show percentiles
GA1too few to show percentiles
IL1too few to show percentiles
MT1too few to show percentiles
NY1too few to show percentiles
VA1too few to show percentiles
MI1too few to show percentiles
TN1too few to show percentiles

Next

From USAspending.gov prime award data: the base action of each award (modification 0) in the fiscal years shown, with its industry, place, set-aside and competition; values as of the latest action. Percentiles are actual awards' values; with fewer than 5 awards only the count is shown. This page shows what was awarded; it is not a suggested price for any bid.

Typical federal contract size: Insurance Agencies and Brokerages (NAICS 524210) nationwide · SpendQuery