EXAMINATION SERVICES

The Department of Financial Services, Office of Insurance Regulation, is seeking qualified vendors to provide financial examination services for authorized insurers, prepaid limited health service organizations, discount plan organizations, and health maintenance organizations under Invitation to Bid 2526-02 ITB OIR. The solicitation, posted on May 7, 2026, requires responses to be submitted via the MyFloridaMarketPlace Vendor Information Portal no later than July 31, 2026, at 3:00 PM Eastern Time. Proposals must be organized into two volumes: Volume 1 containing a cover letter with the respondent’s legal name, FEIN, and contact details, and Volume 2 including the completed Consultant Profile Questionnaire (Attachment B) and Price Response (Attachment C), both submitted in digital format with a redacted version if confidential information is included. Addenda have been issued to modify the ITB, including updates to the timeline and the release of revised attachments, with questions and answers to be posted on May 29, 2026. The scope of work involves conducting risk-focused financial examinations in accordance with NAIC standards, Florida Administrative Code Chapter 69O-138, and relevant Florida Statutes, utilizing professional and workmanlike practices. Deliverables include comprehensive examination reports accepted in writing by the Office’s Contract Manager at its Tallahassee location. Key requirements include compliance with data security standards referenced in NIST SP 800-88, adherence to FOB Destination delivery terms with a 30-day response window, and availability for follow-up services up to one year post-examination at agreed-upon hourly rates. Respondents must self-certify socioeconomic status—including minority-, women-, or veteran-owned status—and disclose any past contract defaults or criminal history involving fraud or collusion; preference in award is given to qualifying small Florida-based businesses in the event of tied evaluations. All personnel must meet qualification standards, and the Office reserves the right to require background checks or personnel replacement. The contract, though not yet assigned a number, will be awarded based on a trade-off analysis weighing responsiveness, responsibility, price, and past performance, not on a lowest-price technically acceptable basis, with final approval by the Insurance Commissioner. The contract administrator and procurement officer is Becky Hale, and all invoices must reference the contract number and be sent to OIRinvoices.FLOIR.com.