NFIP Actuarial Services

This solicitation requires a Technical Approach (limited to 20 pages) demonstrating a clear understanding of, and effective methodology for meeting all Performance Work Statement (PWS) and Quality Assurance Surveillance Plan (QASP) objectives. These objectives include transitioning with the outgoing contractor (if applicable), updating rating plans and market baskets, performing annual rate reviews, incorporating geospatial data, and conducting research and product development. Offerors must articulate the services, processes, and procedures they will utilize to achieve these objectives, and proposals will be evaluated based on demonstrated understanding and a sound approach. Key Personnel proposals will be evaluated on the breadth of experience and qualifications of individuals proposed for positions including Managing Actuary and Senior Actuary. Offerors should ensure their quotations are internally consistent and avoid vague statements; the use of “standard procedures” without specific detail is discouraged. A subcontracting plan with an overall small business goal of 47% is required, and only HUBZone small business concerns are eligible for the price evaluation preference.

Notice ID

2141667d02114711bc72fc516823ba6c

Solicitation Number

70FA6025B00000004

NAICS Code

524298

Classification Code

R499