SOURCES SOUGHT FOR ACTUARIAL AND UNDERWRITING REVIEWS OF CROP INSURANCE AND AGRICULTURAL RISK MANAGEMENT PROGRAMS

SOURCES SOUGHT FOR ACTUARIAL AND UNDERWRITING REVIEWS OF CROP INSURANCE AND AGRICULTURAL RISK MANAGEMENT PROGRAMS. This is a SOURCES SOUGHT synopsis. This sources sought synopsis requests information needed by the Government prior to release of any potential solicitation. This is not a request for proposals and in no way obligates the Government to award any contract. Details follow - please read this entire synopsis. The Risk Management Agency (RMA) of the United States Department of Agriculture (USDA) is responsible for supervision of the Federal Crop Insurance Corporation (FCIC), administration and oversight of programs authorized under the Federal Crop Insurance Act (7 U.S.C. 1501 et. seq.), any pilot or other program involving revenue insurance, risk management education, risk management savings accounts; the uses of the futures market to manage risk and support farm income that may be established under the Federal Crop Insurance Act or other law; and, other programs the Secretary of Agriculture considers appropriate. The Agricultural Risk Protection Act of 2000 modified the Federal Crop Insurance Act to: 1) Require the Board of Directors of the Federal Crop Insurance Corporation to - establish procedures under which any policy or plan of insurance, as well as any related material or modification of such policy or plan of insurance, to be offered under this title shall be subject to independent reviews by persons experienced as actuaries and in underwriting, as determined by the Board; and 2) Direct the Board, to the maximum extent possible, to - contract with private insurance companies, private rating bureaus, and other organizations as appropriate for actuarial services, services relating to the loss adjustment and rating plan of insurance, and other services to avoid duplication by the Federal Government of services that are or may be readily available in the private sector. FCIC is attempting to determine the availability of sources within the private sector to conduct these actuarial and underwriting activities required by the Federal Crop Insurance Act. If you are interested in competing for this requirement, please indicate your interested by sending an E-mail to Stacy Lowe at stacy.lowe@kcc.usda.gov AND Sheryl Welch at sheryl.welch@kcc.usda.gov NO LATER THAN Tuesday, September 16, 2008. All valid internet responses must contain Federal Acquisition Regulation (FAR) clause 52.212-3, Offerors Representations and Certifications - Commercial Items. FAR clauses are available at http://acquisition.gov/far/index.html. The applicable North American Industry Classification System (NAICS) code is 524128. ALL PROSPECTIVE OFFERORS MUST USE E-MAIL TO RESPOND TO THIS SYNOPSIS. TELEPHONE AND FACSIMILE RESPONSES TO THIS SOURCES SOUGHT NOTICE WILL NOT BE ACCEPTED. NO SOLICITATION EXISTS AT THIS TIME.