This Sources Sought opportunity from Department Of Homeland Security was posted on April 15, 2021. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
FEMA/Federal Insurance Mitigation Administration (FIMA) Reinsurance Broker Services RFI
Closed
70FA6021I00000002FederalSubmission Closed
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
General Info
Agency
Department Of Homeland Security → Mitigation SECTION(MIT60)View Agency
NAICS
524130 - Reinsurance CarriersView NAICS
Place of Performance
DCSet-Aside
NONE
Documents
(1)AI Contract Breakdown
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Timeline
1 update
PhaseClosed
Submission Closed
Organization & Contact Information
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AgencyDepartment Of Homeland Security → Mitigation SECTION(MIT60)
Contacts1 person available
OfficeWASHINGTON, DC, 20472, USA
Office AddressWASHINGTON, DC, 20472, USA
Contacts
Jimmy Nguyen
Full Description
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Per congressional mandate, FIMA implemented the NFIP Reinsurance Program (NRP) on January 1, 2017. The primary objective of the NRP is to reduce the risk and volatility of the NFIP through implementation of a shared financial risk model. It is FIMA's intention to institute a long term NRP, and the program office is currently analyzing ways to continue the services initially implemented on January 1st and provide a service that is sustainable for the agency. FIMA's primary condition of success for the NRP will be the extent to which the NRP reduces the risk and volatility of the NFIP at a financially rewarding and viable price to the Government. Additional success metrics are being defined as the NRP evolves. As a result, FIMA requires reinsurance broker support services to continue performance of the NRP.