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This Government Contract opportunity was posted on February 4, 2014. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Terrorism Risk Insurance Program (TRIP) Audit Claims Support Services

Awarded
A-14-002Federal

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 541219
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Procurement

POSTED

about 17 hours ago

DEADLINE

in about 1 month

AI Contract Overview

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The Department of the Treasury's Internal Revenue Service is seeking a single-award Indefinite Delivery Indefinite Quantity contract for Audit Claims Support Services to benefit the Terrorism Risk Insurance Program. The primary objective is to ensure financial integrity, operating efficiency, and strict adherence to the Terrorism Risk Insurance Act of 2002 and its subsequent amendments. The selected contractor will be responsible for auditing the procedures used by the Claims Management contractor to prevent conflicts of interest and ensure compliance when processing insurer requests for compensation following certified acts of terrorism. The contract structure includes a three-month transition period, a nine-month base period, and four option periods. This procurement is classified under NAICS code 541219 for Other Accounting Services, with a small business size standard of 19 million dollars. All solicitation materials and amendments are managed exclusively through the Federal Business Opportunities website, and the government intends to evaluate all options for award to ensure comprehensive oversight of the program's claims processes.

General Info

Agency

N/A

Contract Value

$0

NAICS

541219 - Other Accounting Services

Place of Performance

USA

Set-Aside

NONE

Award Issued Date

Documents

0

No documents available

Documents will appear here when they are available.

AI Contract Breakdown

Uniform Contract Format

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Timeline

2 updates
PhaseAwarded
Posted

Presolicitation

Notice updated

Response deadline added: Oct 18, 2013. The notice description changed.

Notice updated

Response deadline changed from Oct 18, 2013 to Nov 6, 2013. The notice description changed.

Type Changed

Presolicitation → Solicitation

Awarded

Contract was awarded

Submission Closed

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Organization & Contact Information

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AgencyN/A
Contacts1 person available
OfficeN/A
Organization / Agency
N/A
Office AddressN/A
Contacts

Full Description

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The Department of the Treasury's (Treasury), Internal Revenue Service's (IRS) Office of Treasury Procurement Services (OTPS), on behalf of the Terrorism Risk Insurance Program (TRIP) Office, has the requirement for Audit Claims Support Services. The solicitation is being issued as a Full and Open Competition. The Government anticipates the award of a Single-Award Indefinite Delivery Indefinite Quantity (IDIQ) contract with a 3-month transition period, 9-month base period and (4) option periods. All options will be evaluated for award purposes. The IDIQ is for Audit Claims Support Services intended to ensure adherence to the requirements of the Terrorism Risk Insurance Act of 2002, as amended, to ensure compliance with the regulations issued pursuant to the Act, and to promote the operating efficiency and financial integrity of the TRIP. The contractor is to coordinate with and complement the work of the Claims Management contractor responsible for receiving and processing insurer requests for compensation for insured losses following a certified act of terrorism. Additionally, the TRIP audit contractor will audit the procedures use by the Claims Management contractor to avoid conflicts of interest in processing. Further information on the original TRIA Act of 2002, the TRIA Extension Act of 2005, and the TRIA Reauthorization Act of 2007 can be found at the following link: http://www.treasury.gov/resource-center/fin-mkts/Pages/program.aspx. The North American Industry Classification System (NAICS) Code is 541219 for Other Accounting Services and the Small Business Size Standard is $19M. All proposals are due NO LATER THAN 2:00 P.M. EASTERN STANDARD TIME on October 18, 2013 and will be distributed solely through the Federal Business Opportunities website http://www.fbo.gov. Hard copies of the solicitation document will not be available. The site provides downloading instructions. All future information about this acquisition, including solicitation amendments, will also be distributed solely through this site. Interested parties are responsible for monitoring this site to ensure that they have the most up-to-date information about this acquisition. All responsible sources may submit a proposal which will be considered by this agency. No collect calls will be accepted. No telephone requests or written requests for the solicitation will be accepted. All questions/comments are due by 10 AM (Eastern Standard Time) on October 3, 2013. Late questions/comments will not be considered. The Government will not provide any information concerning questions in response to telephone calls from Offerors. Answers to "all" questions submitted will be combined and posted on FedBizOpps as an SF30 amendment to this solicitation. All future information about this acquisition, including solicitation amendments, will be distributed solely through the Federal Business Opportunities (FBO) web site. Hard copies of the solicitation document will not be available. The FBO web site will provide downloading instructions. Interested parties are responsible for monitoring the web site to ensure that they have the most up-to-date information about this acquisition. All responsible sources may submit a proposal that will be considered by the agency.

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