This Solicitation opportunity from Vermont was posted on December 30, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Actuarial Reviews of Life and Credit Life Insurance

Closed

61980State & Local

Submission Closed02/28/2025, 12:00:00 AM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 524298

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Marine/Transit Cargo InsuranceThis subcontract for Marine/Transit Cargo Insurance provides specialized coverage for a high-value 2024 Trane Ascend Chiller purchased from Baton Rouge Community College. The selected licensed insurance broker or underwriter will be responsible for underwriting the equipment value and issuing certificates of insurance to cover potential damages occurring during the loading and transportation phases. The solicitation was posted on October 15, 2026, with a response deadline of October 30, 2026. Operating under NAICS code 524298, the contract requires the delivery of a formal insurance policy and the corresponding certificates of insurance to ensure the equipment is fully protected during transit.

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Employee Relations

POSTED

about 1 month ago

DEADLINE

in 8 days

AI Contract Overview

The Vermont Department of Financial Regulation is seeking proposals for actuarial reviews of life and credit life insurance policies to ensure the provision of fair insurance rates and benefits for Vermont residents. The contract aims to support a competitive insurance market by leveraging a broad spectrum of actuarial and business expertise, emphasizing familiarity with the Vermont insurance landscape, financial standards, and examination requirements set by the National Association of Insurance Commissioners (NAIC). The project requires a contractor with a deep understanding of Vermont’s insurance regulations and market conditions to perform detailed actuarial analyses that uphold transparency and fairness. The solicitation, identified as number 61980, was posted on December 30, 2024, with a response deadline of February 28, 2025. The contract size ranges from $50,000 to $250,000, and the work will be conducted within Vermont. Interested parties can contact Thomas Taylor via email or phone for further details. The project is managed under the State and Local Government Entities (SLED) NAICS code 524298, and additional information about the bid can be accessed through the Vermont Business Registry. The Department’s goal is to maintain a vigorous and equitable insurance market through rigorous actuarial review processes.

General Info

Agency

Vermont Department of Financial Regulation

NAICS

524298 - All Other Insurance Related Activities

Place of Performance

VT, USA

Set-Aside

NONE

Documents

No documents available

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Timeline

PhaseClosed

PostedDec 30

Solicitation

Response DeadlineFeb 28

Deadline has passed

Submission Closed

02/28/2025, 12:00:00 AM UTC

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Organization & Contact Information

AgencyVermont Department of Financial Regulation

Contacts1 person available

OfficeN/A

Organization / Agency

Vermont Department of Financial Regulation

Office AddressN/A

Contacts

Thomas Taylor

contact@example.gov

+1 (555) 000-0000

Full Description

The Department is seeking fair insurance rates and benefits for the citizens of Vermont by maintaining a vigorous and competitive insurance market. The nature of the work sought by the Department in this Request for Proposal requires a broad range of actuarial and business expertise. The performance of these duties requires sensitivity to, and familiarity with, the Vermont insurance market, familiarity with general financial standards, examination requirements and standards of the National Association of Insurance Commissioners (“NAIC”), and Vermont’s insurance..