Market Conduct Multi-State Examination

The Florida Department of Financial Services, Office of Insurance Regulation, is soliciting proposals for a qualified vendor to conduct a multi-state market conduct examination of the National Council on Compensation Insurance, Inc. This engagement is performed under the authority of Florida Statutes sections 624.3161 and 766.315(5)(e). The selected contractor must provide a comprehensive methodology and management plan to execute the scope of services, with the contract term beginning upon execution and terminating no later than June 30, 2027. Performance is centered in Tallahassee, Florida, and requires adherence to NIST cybersecurity frameworks and specific Florida administrative rules. The award will be granted to a single responsive and responsible respondent based on a 100-point scoring system, with 90 points allocated to the technical response and 10 points to the cost proposal. Mandatory requirements for responsiveness include certifications regarding the boycott of Israel, the prohibition of coerced labor, and attestations concerning foreign countries of concern. Payment is based on proposed standard hourly rates, with invoices and bi-weekly status reports submitted monthly to the OIR Market Regulation Exam Manager. Deliverables are subject to a 15-day inspection and written acceptance period by the Office of Insurance Regulation before payment is issued.