GETWAB

02 / Market Size

How large is the PSC G008 federal market?

Net obligations$513.50M
Contract actions1,764
Vendors136
Federal customers29
Contracting offices113
Average action$291.1K
Largest action$22.77M
Data coverageFY 2019–FY 2025

03 / Spending Trend

PSC G008 contract spending by fiscal year

Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.

Latest closed fiscal year$58.09M
FY 2025
Fiscal yearObligationsActionsVendorsCustomersChange
FY 2019$86.30M3156521
FY 2020$66.64M2646719−22.8%
FY 2021$69.11M2276219+3.7%
FY 2022$59.10M2236118−14.5%
FY 2023$79.83M2926718+35.1%
FY 2024$94.44M2377217+18.3%
FY 2025$58.09M2065617−38.5%

04 / Top Federal Customers

Which federal agencies buy most in this industry?

Ranked by net obligations during FY 2019–FY 2025.

05 / Contracting Offices

Which contracting offices buy in PSC G008?

Ranked by net obligations during FY 2019–FY 2025.

06 / Top Vendors

Which contractors lead the PSC G008 market?

VendorObligationsActionsCustomersMarket shareLatest activity
TORRENT TECHNOLOGIES INC$193.87M75137.8%May 30, 2025
ALLIANT INSURANCE SERVICES, INC.$85.30M30316.6%Sep 24, 2025
PALMETTO GBA, LLC$44.39M2518.6%Aug 1, 2024
GUY CARPENTER & COMPANY, LLC$42.83M2818.3%Jun 5, 2025
INSURANCE SERVICES OFFICE, INC.$42.44M1718.3%Sep 25, 2025
TAURUS, LLC$32.21M1216.3%Sep 25, 2025
MISCELLANEOUS FOREIGN AWARDEES$21.09M39324.1%Sep 15, 2025
NATIONAL FLOOD SERVICES LLC$8.02M711.6%Jul 18, 2024
AMERICAN PET INSURANCE COMPANY$7.80M1111.5%Jul 13, 2022
UNITED HEALTHCARE SERVICES, INC.$7.72M1211.5%May 5, 2025

07 / Industry Mix

What industries are purchased under PSC G008?

NAICSDescriptionObligationsActionsVendorsShare
524292THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS$241.93M147847.1%
524210INSURANCE AGENCIES AND BROKERAGES$112.73M6053622.0%
524298ALL OTHER INSURANCE RELATED ACTIVITIES$91.12M2462717.7%
524130REINSURANCE CARRIERS$47.23M3429.2%
524126DIRECT PROPERTY AND CASUALTY INSURANCE CARRIERS$9.64M73111.9%
541690OTHER SCIENTIFIC AND TECHNICAL CONSULTING SERVICES$1.75M140160.3%
524114DIRECT HEALTH AND MEDICAL INSURANCE CARRIERS$1.43M196220.3%
524113DIRECT LIFE INSURANCE CARRIERS$1.41M1240.3%
621511MEDICAL LABORATORIES$1.27M210.2%
541990ALL OTHER PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES$1.09M75120.2%

08 / Buying Pattern

How does the government buy in PSC G008?

Competed47.6%839 actions
Competed under SAP24.5%433 actions
Other / unknown17.8%314 actions
Not available for competition7.0%123 actions
Not competed2.1%37 actions
Not competed under SAP1.0%18 actions
Other than small business share99.9%$512.76M
Small business share0.1%$743.6K
Common action typeObligationsActions
DELIVERY ORDER$230.84M685
BPA CALL$4.62M394
PURCHASE ORDER$6.85M362
DEFINITIVE CONTRACT$271.19M323

09 / Recent Contract Awards

What was awarded most recently in PSC G008?

10 / Market Interpretation

How should contractors evaluate this market?

01

Start with the spending direction

Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.

02

Follow the actual buyers

Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.

03

Measure accessible demand

Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $513.50M market as addressable.