Earthquake Insurance and its benefit to the Nation

The Department of Commerce is forecasting a contract for a workshop focused on earthquake insurance research needs. This initiative is a national priority for the NEHRP, as insurance is identified as the most critical financial tool for ensuring socio-economic recovery and the long-term viability of communities following major seismic events, complementing the life-saving protections provided by engineering and building codes. The project is categorized under NAICS code 541690 and is slated for performance in Gaithersburg. Interested parties can coordinate with Steven T. Dmuchowski or the DOC OSDBU for further information regarding this forecast.