This Solicitation opportunity from New York was posted on September 25, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Livery Insurance Rate Study and Rate Recommendations

Closed

2114126State & Local

Submission Closed10/29/2024, 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: 541612

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AI Contract Overview

The New York State Department of Financial Services is seeking proposals from qualified actuarial consultants to conduct a comprehensive rate study and develop rate recommendations for the state's livery industry. The project involves analyzing industry data to establish appropriate insurance rates across various business segments, coverage types, territories, and policy limits. The selected contractor will be responsible for providing all necessary services outlined in the RFP, with the contract lasting one year and covering all counties within New York State. The procurement process emphasizes strict communication protocols, with inquiries limited to designated contacts, and sets specific deadlines for questions and proposal submissions, with proposals due by October 29, 2024. This solicitation is part of a formal procurement process under New York State law, with no set-aside goals for minority, women, or service-disabled veteran-owned businesses, and no prior contracts of similar scope awarded to the respondent within the past five years. The contract value is estimated to range between $50,000 and $200,000. Interested parties can access the detailed RFP and related documents via the Department’s website, and all communications must be directed to the designated contact, Ron Wachenheim, via email. The project aims to ensure accurate, industry-specific insurance rate recommendations to support regulatory and industry needs across New York State.

General Info

Agency

New York Department of Financial Services

NAICS

541612 - Human Resources Consulting Services

Place of Performance

NY, USA

Set-Aside

NONE

Documents

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Timeline

PhaseClosed

PostedSep 25

Solicitation

Response DeadlineOct 29

Deadline has passed

Submission Closed

10/29/2024, 12:00:00 AM UTC

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Organization & Contact Information

AgencyNew York Department of Financial Services

Contacts1 person available

OfficeN/A

Organization / AgencyNew York Department of Financial Services

Office AddressN/A

Contacts

Ron WachenheimContract Management Specialist 2

contact@example.gov

+1 (555) 000-0000

Full Description

The New York State Department of Financial Services (Department) is soliciting proposals from a responsive and responsible Contractor to provide a New York State Livery Insurance Rate Study and Rate Recommendations.This procurement is being undertaken in accordance with New York State Finance Law, Article XI. The Contractor selected will provide all necessary services as outlined in the RFP.The Department is seeking proposals from a qualified actuarial consultant to conduct an industry rate analysis on behalf of the Department for the New York State livery industry, including recommending rates for various business segments, types of coverage, territories, and policy limits. The Request for Proposal (RFP) and related attachments are available for download from the Department's website at: https://www.dfs.ny.gov/procurementImportant Dates:Questions due by 3:00PM ET on Wednesday, October 9, 2024.Answers will be posted to our website on or around Tuesday, October 15, 2024.Due Date for Proposals: due by 3:00PM ET on Tuesday, October 29, 2024.This procurement's communications are restricted under NYS Finance Law 139j. You may only contact the designated contacts on this advertisement for information.All inquiries shall be made by email to the following address: contact@example.gov Service-Disabled Veteran-Owned Set Aside: No Minority Owned Sub-Contracting Goal: 0% Women Owned Sub-Contracting Goal: 0% Service-Disabled Veteran-Owned Business Contracting Goal: 0% Disadvantaged Owned Sub-Contracting Goal: 0% Due date:10/29/2024 3:00 PM Contract term: One (1) Year County(ies): All NYS counties Business entities awarded an identical or substantially similar procurement contract within the past five years: None