11 RFP SCC-26-030-BOI Exhibit F Pricing.xlsx
XLSX spreadsheet 53 KB Posted
- Solicitation number
- RFP-131003
- Issued by
- Richmond City, Roanoke City, Virginia
About this file
This is an Exhibit F Pricing template for RFP SCC-26-030-BOI, a cloud-based hosted solution procured by the Commonwealth of Virginia's State Corporation Commission (SCC) to support insurance regulatory, administrative, and payment processing functions. The RFP solicits proposals for a BOI Information & Payment Processing System with implementation, operations and maintenance (O&M), and optional services components. Offerors must complete five required sections: Tab 2 (Implementation & O&M), Tab 5 (Rate Card), and Tab 6 (Transaction Fees) are mandatory submissions, while Tab 3 (Optional Services) is required only if optional services are proposed and Tab 4 (Alternate Pricing Models) is optional. Offerors must define implementation milestones aligned with their proposed project schedule and provide fixed pricing for each milestone covering all labor, materials, resources, software, hardware, deliverables, documentation, third-party fees, reviews, and travel expenses. The contract includes a base period of five years plus three optional renewal years, with annual O&M costs required for each contract year.
Offerors must provide fully loaded, non-blended hourly rates for all roles by contract year, accounting for cost-of-living increases and inflation, and must complete transaction fee schedules for BOI Statutory Fees, Virginia Insurance Continuing Education Board Fees, and any additional offeror-specific transaction fees. All pricing must be distinct values with no cost ranges accepted, and pricing information must remain valid for at least 180 calendar days from the submission date. The RFP prohibits alterations to the Excel template's structure, formatting, or formulas, requires that all pricing include travel and miscellaneous expenses, and stipulates that only pricing data provided in Exhibit F will be considered unless otherwise negotiated. Alternate pricing models, if submitted, must be provided in addition to required sections, include clear assumptions, demonstrate cost coverage and material benefits to the SCC, and are limited to five pages of supporting documentation.
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Other files
| File | Type | Posted |
|---|---|---|
| 1a RFP SCC-26-030-BOI Cover Page.docx | DOCX document | |
| 0 Attachment A - BOI Information & Payment Processing System Current State Overview.docx | DOCX document | |
| 12 RFP SCC-26-030-BOI Exhibit G Subcontracting Plan.docx | DOCX document | |
| 10 RFP SCC-26-030-BOI Exhibit E Milestones and Deliverables.docx | DOCX document | |
| 00 RFP SCC-26-030-BOI BOI Information & Payment Processing System.docx | DOCX document |
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Text version
Cover Page
| RFP SCC-26-030-BOI |
| BOI Information & Payment Processing System |
Exhibit F: Pricing
< Insert Offeror Name >
_x000D_&1#&"Aptos"&10&K000000 Confidential
1. Instructions
| RFP SCC-26-030-BOI: BOI Information & Payment Processing System |
| Exhibit F: Pricing - Instructions |
| Overview of Exhibit F - Pricing |
| Exhibit F - Pricing includes the following tabs: |
| Tab 1 - Instructions - provides general and detailed instructions for completing Exhibit F: Pricing. |
| Tab 2 - Implementation & O&M - captures the proposed pricing for the Implementation and O&M phases. |
| Tab 3 - Optional Services - captures the proposed pricing for optional services offered, if any. |
| Tab 4 - Alternate Pricing Models - provides instructions for Offerors to submit an alternate pricing proposal, if desired. |
| Tab 5 - Rate Card - captures Offeror's fully loaded hourly rates for the duration of the contract. |
| Tab 6 - Transaction Fees - captures Offeror's fees for conducting transactions for external users. |
| Tab 1 - General Instructions | |
| # | Instructions |
| 1 | Offeror must complete and submit Tab 2 - Implementation & O&M, Tab 5 - Rate Card, and Tab 6 - Transaction Fees with their proposal. |
| 2 | Completion and submission of Tab 3 - Optional Services is not required unless Offeror is proposing optional services in the proposed solution. If Offerors propose optional services in Exhibit B and Exhibit C, Tab 3 must be completed. |
| 3 | Completion and submission of Tab 4 - Alternate Pricing Models is optional. |
| 4 | Exhibit F: Pricing shall include all costs for Offeror to meet SCC’s needs as outlined in this RFP. Travel and miscellaneous expenses shall be included and reflected in all line items within Offeror’s proposed pricing. |
| 5 | Footnotes, notations, exceptions, and limitations made to Exhibit F: Pricing shall not be considered. |
| 6 | Do not alter the structure, formatting, and formulas of Exhibit F: Pricing in any way when entering data. |
| 7 | Do not lock or otherwise make inaccessible to the SCC any data and information provided in Exhibit F: Pricing. |
| 8 | Only price and cost data provided by Offeror in Exhibit F: Pricing will be considered by the SCC unless otherwise negotiated. |
| 9 | Submit the completed Excel template of Exhibit F: Pricing with Offeror's proposal. |
| 10 | Pricing information provided by Offeror must be valid for at least 180 calendar days from the submission date. If Offeror reserves the option to withdraw pricing information during that period, it must be so stated in Offeror's proposal. |
| Tab 2 - Implementation and Operations & Maintenance Offeror Response Required | |
| # | Instructions |
| 1 | Under Implementation Costs, enter major milestones in rows 9-23 that must be completed to successfully implement the solution in accordance with the SCC's requirements and the proposed timeline. Implementation Milestones must collectively represent the full effort required to implement the proposed solution. Add rows for additional milestones if necessary. |
| 2 | The Implementation Milestones must be defined and proposed by Offeror based on its experience and expertise and information provided in this RFP. Implementation Milestones must align with the proposed project schedule provided by Offeror and with the milestones provided by Offeror in Exhibit E – Milestones & Deliverables. |
| 3 | Enter a fixed price for each Implementation Milestone in column J. The fixed price for each milestone must be inclusive of all labor, effort, materials, resources, software, hardware, deliverables, documentation, third-party fees, reviews, approvals, travel, etc. necessary to complete the milestone. |
| 4 | Under Operations & Maintenance (O&M) Costs, in row 30, columns D-K, enter a fixed annual cost to provide O&M support for each year of the contract. |
| 5 | The costs for O&M must be inclusive of all elements necessary to support, operate, and maintain the solution in accordance with the requirements and service levels included in this RFP. |
| 6 | Enter distinct cost values where appropriate. Cost ranges will not be accepted. |
| 7 | Do not enter data under Total Costs. |
| Tab 3 - Optional Services Offeror Response Optional | |
| # | Instructions |
| 1 | Enter a description of optional services in column B. |
| 2 | Enter distinct cost values where appropriate (columns E-L). Cost ranges will not be accepted. |
| Tab 4 - Alternate Pricing Models Offeror Response Optional | |
| # | Instructions |
| 1 | Review and adhere to the guidelines provided if Offeror intends to submit an alternate pricing model for consideration by the SCC. |
| 2 | If Offeror proposes an alternate pricing model, it must be provided in addition to, not in lieu of, the required parts of Exhibit F: Pricing. |
| Tab 5 - Rate Card Offeror Response Required | |
| # | Instructions |
| 1 | Enter the Role Title, Representative Responsibilities, and approximate Experience Level for all roles included in Offeror response and that may be required to support additional services requested by the SCC. |
| 2 | Provide fully loaded, non-blended hourly rates for each role for each year of the contract, to include base contract and optional renewal periods. |
| 3 | Ensure cost of living increases, inflation, and other factors are accounted for in hourly rates. |
| 4 | Adhere to all other instructions provided. |
| Tab 6 - Transaction Fees Offeror Response Required | |
| # | Instructions |
| 1 | Provide details for all transaction fees that will be assessed to external users for conducting transactions in the solution. Transaction fees must include all costs that Offeror will charge and pass on to external users. Any transaction fees not provided and approved by SCC shall not be assessed by Offeror. |
| 2 | Complete Section I. BOI Statutory Fees by providing transaction fee details in columns I and J. Each row in Section I must be completed. If Offeror will not charge a fee for a given transaction, Offeror should enter 'N/A' or '$0.00' where appropriate. Column K is provided for optional Offeror comments. |
| 3 | Complete Section II. Virginia Insurance CE Board Fees by providing transaction fee details in columns I and J. Each row in Section II must be completed. If Offeror will not charge a fee for a given transaction, Offeror should enter 'N/A' or '$0.00' where appropriate. Column K is provided for optional Offeror comments. |
| 4 | Complete Section III. Additional Offeror Fees by entering any additional fees Offeror will charge for transactions that are specific to Offeror's solution and business practices. Offeror must enter its additional fees in column B (beginning in row 83) and provide associated details in columns I and J. Examples of additional Offeror transaction fees include name changes, address changes, and downloading copies of licenses. If no additional transaction fees will be charged, Offeror must so indicate in Section III. |
_x000D_&1#&"Aptos"&10&K000000 Confidential
2. Implementation & O&M
| RFP SCC-26-030-BOI: BOI Information & Payment Processing System |
| Exhibit F: Pricing - Implementation and Operations & Maintenance Phases |
Offeror Name:
| IMPLEMENTATION COSTS | |
| Includes all milestones that collectively represent the full effort required to implement the proposed solution | |
| IMPLEMENTATION MILESTONES | MILESTONE TOTAL |
| $ - 0 | |
| $ - 0 | |
| $ - 0 | |
| $ - 0 | |
| $ - 0 | |
| $ - 0 | |
| $ - 0 | |
| $ - 0 | |
| $ - 0 | |
| $ - 0 | |
| $ - 0 | |
| $ - 0 | |
| $ - 0 | |
| $ - 0 | |
| $ - 0 | |
| IMPLEMENTATION TOTAL: | $ - 0 |
| OPERATIONS & MAINTENANCE (O&M) COSTS | ||||||||
| Includes all costs necessary to provide O&M support for the proposed solution | ||||||||
| BASE CONTRACT O&M | OPTIONAL RENEWALS O&M | |||||||
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 1 | Year 2 | Year 3 | |
| Annual Pricing | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 |
| O&M TOTAL: | $ - 0 |
| TOTAL COSTS | |
| Implementation | $ - 0 |
| Operations & Maintenance | $ - 0 |
| GRAND TOTAL: | $ - 0 |
_x000D_&1#&"Aptos"&10&K000000 Confidential
3. Optional Services
| RFP SCC-26-030-BOI: BOI Information & Payment Processing System | |
| Exhibit F: Pricing - Optional Services | Offeror Name: |
Proposed pricing for any additional or enhanced services offered to the SCC described in section 5.0 Optional Services of Exhibit C: Solution Description
| OPTIONAL SERVICE | SERVICE COST | |||||||
| Base Contract Period | Optional Renewal Periods | |||||||
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 1 | Year 2 | Year 3 | |
| $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | |
| $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | |
| $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | |
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| $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 |
_x000D_&1#&"Aptos"&10&K000000 Confidential
4. Alternative Pricing Models
| RFP SCC-26-030-BOI: BOI Information & Payment Processing System | |
| Exhibit F: Pricing - Alternative Pricing Models | |
| The SCC recognizes there may be other effective and innovative approaches to pricing for the solution than what is presented in this RFP. Accordingly, the SCC will accept Offeror proposals for alternate pricing models. If Offeror wishes to propose an alternate pricing model, please adhere to the guidelines below. | |
| Guidelines for Submitting Alternative Pricing Model Proposals | |
| # | Guidelines |
| 1 | The proposal of an alternate pricing model by Offeror is optional and not required to submit a response to this RFP. |
| 2 | If proposing an alternate pricing model, Offeror must still satisfy all response requirements contained in this RFP, to include the completion of all required sections of Exhibit G: Pricing. |
| 3 | The SCC will consider alternate pricing models that modify the pricing structure, payment structure and timing, etc. |
| 4 | Alternate pricing models must cover the full scope of services and requirements contained in this RFP. |
| 5 | Offeror must provide clear assumptions upon which alternate pricing models are based. |
| 6 | Alternate pricing models must demonstrate how Offeror costs are adequately covered. |
| 7 | Offeror must demonstrate how the alternative pricing model materially benefits the SCC. |
| 8 | Offeror may prepare and submit an additional, separate document along with its proposal that describes a proposed alternate pricing model. The format of this document may be chosen by the Offeror. |
| 9 | Any additional documents submitted by Offeror must be clearly organized, use concise language, and be limited to a total of five pages. |
_x000D_&1#&"Aptos"&10&K000000 Confidential
5. Rate Card
| RFP SCC-26-030-BOI: BOI Information & Payment Processing System | |
| Exhibit F: Pricing - Rate Card | Offeror Name: |
Hourly rates are to be provided in the event SCC elects to order project-based services to enhance the Services, but which are not included in the scope of the contract.
| ROLE DETAILS | FULLY LOADED, NON-BLENDED HOURLY RATES | |||||||||
| Base Contract Period | Optional Renewal Periods | |||||||||
| Role Title | Representative Responsibilities | Experience Level | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 1 | Year 2 | Year 3 |
| $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | |||
| $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | |||
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| $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | |||
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| $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | |||
| $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 |
_x000D_&1#&"Aptos"&10&K000000 Confidential
6. Transaction Fees
| RFP SCC-26-030-BOI: BOI Information & Payment Processing System | |
| Exhibit F: Pricing - External User Transaction Fees | Offeror Name: |
| Instructions | |
| This tab consists of three sections. Offeror must complete all sections as instructed by entering data below in non-shaded, white filled cells only. | |
| Section I. BOI Statutory Fees: | Contains the fees that BOI is required to charge in accordance with the Code of Virginia. Offeror must complete Section I by providing their transaction fee details in columns I and J. Each row in Section I must be completed. If Offeror will not charge a fee for a given transaction, Offeror should enter 'N/A' or '$0.00' where appropriate. Column K is provided for optional Offeror comments. |
Section II. Virginia Insurance CE Board Fees: Contains fees established and levied by the Virginia CE Board for the administration of the CE program. Offeror must complete Section II by providing their transaction fee details in columns I and J. Each row in Section II must be completed. If Offeror will not charge a fee for a given transaction, Offeror should enter 'N/A' or '$0.00' where appropriate. Column K is provided for optional Offeror comments.
Section III. Additional Offeror Fees: Contains space for Offeror to enter any additional fees it will charge for transactions that are specific to Offeror's solution and business practices. Offeror must enter its additional fees in column B (beginning in row 83) and provide associated details in columns I and J. Examples of additional Offeror transaction fees include name changes, address changes, and downloading copies of licenses. If no additional transaction fees will be charged, Offeror must so indicate in Section III.
Important Notes:
• In providing support to SCC within the scope of the BOI Information & Payment Processing System solution, Offeror may charge fees only for transactions contained in this tab of Exhibit F: Pricing.
• Transaction fees must include all costs that Offeror will charge and pass on to external users.
• BOI statutory fees are subject to change based on statutory changes and Commission Orders.
• CE fees are subject to change as determined by the Virginia Insurance CE Board.
• Offeror shall receive SCC's prior approval through a contract modification before making any changes to the transaction fees captured below.
| TRANSACTION | BOI FEES & VA CE BOARD FEES | OFFEROR FEES | Offeror Comments | ||||||
| Fee Type | Minimum Fee | Maximum Fee | Current Fee Amount | Code of VA Reference | Fee Type | Transaction Fee Amount | |||
| I. BOI STATUTORY FEES | |||||||||
| LICENSING FEES (AGENTS/AGENCIES) | |||||||||
| License Application Fee | Resident | Flat fee | $10.00 per LOA | $20.00 per LOA | $15.00 per LOA | § 38.2-1819 | |||
| Non-Resident | Flat fee | $10.00 per LOA | $20.00 per LOA | $15.00 per LOA | § 38.2-1819 | ||||
| License Renewal Fee | Resident | Flat fee | $10.00 per LOA | $20.00 per LOA | $10.00 per LOA | § 38.2-1825.1 | |||
| Non-Resident | Flat fee | $10.00 per LOA | $20.00 per LOA | $10.00 per LOA | § 38.2-1825.1 | ||||
| License Reinstatement Fee | Resident | Flat fee | Double the renewal fee, per LOA 1 | $20.00 per LOA | § 38.2-1825.1 | ||||
| Non-Resident | Flat fee | Double the renewal fee, per LOA 1 | $20.00 per LOA | § 38.2-1825.1 | |||||
| AGENT APPOINTMENT FEES | |||||||||
| Agent Appointment Fee | Resident | Flat fee | $7.00 | $25.00 | $11.00 | § 38.2-1833 | |||
| Non-Resident | Flat fee | $7.00 | $25.00 | $11.00 | § 38.2-1833 | ||||
| Agent Appointment Renewal Fee | Resident | Flat fee | $7.00 | $25.00 | $11.00 | § 38.2-1834 | |||
| Non-Resident | Flat fee | $7.00 | $25.00 | $11.00 | § 38.2-1834 | ||||
| COMPANY LICENSING FEES | |||||||||
| License Application Fees | |||||||||
| Insurance Company | UCAA Filer | Flat fee | N/A | N/A | $500.00 | § 38.2-1024 | |||
| Non-UCAA Filer | Flat fee | N/A | N/A | $500.00 | § 38.2-1024 | ||||
| Fraternal Benefit Society | UCAA Filer | Flat fee | N/A | N/A | $20.00 | § 38.2-4127 | |||
| Managing General Agent | Non-UCAA Filer | Flat fee | $500.00 | $1,000.00 | $500.00 | § 38.2-1359 | |||
| Premium Finance Company | Non-UCAA Filer | Flat fee | N/A | N/A | $500.00 | § 38.2-4701 | |||
| Reinsurance Intermediary | Non-UCAA Filer | Flat fee | $500.00 | $1,000.00 | $500.00 | § 38.2-1348 | |||
| Viatical Settlement Provider | Non-UCAA Filer | Flat fee | $300.00 | $1,500.00 | $300.00 | § 38.2-6002 | |||
| License Renewal Fees | |||||||||
| Insurance Company | UCAA Filer | N/A | N/A | N/A | $0.00 | § 38.2-1025 | N/A | N/A | |
| Non-UCAA Filer | N/A | N/A | N/A | $0.00 | § 38.2-1025 | N/A | N/A | ||
| Fraternal Benefit Society | UCAA Filer | Flat fee | N/A | N/A | $20.00 | § 38.2-4127 | |||
| Managing General Agent | Non-UCAA Filer | Flat fee | $500.00 | $1,000.00 | $500.00 | § 38.2-1359 | |||
| Premium Finance Company | Non-UCAA Filer | Flat fee | N/A | N/A | $200.00 | § 38.2-4703 | |||
| Reinsurance Intermediary | Non-UCAA Filer | Flat fee | $500.00 | $1,000.00 | $500.00 | § 38.2-1348 | |||
| Viatical Settlement Provider | Non-UCAA Filer | Flat fee | $300.00 | $1,500.00 | $300.00 | § 38.2-6002 | |||
| ANNUAL COMPANY ASSESSMENT FEES | |||||||||
| Annual Company Assessment Fee - BOI Maintenance | See RFP Attachment A for companies that are subject to the annual assessment | % based | $300.00 | 0.10% of direct gross premium income | 0.035% of direct gross premium income |
(Oct. 2025 SCC
| Assessment Order) | § 38.2-400 | ||||||
| Annual Company Assessment Fee - Fire Programs Fund | % based | $100.00 | N/A | 1.00% of total direct gross premium income | § 38.2-401 | ||
| Annual Company Assessment Fee - Flood | % based | $100.00 | N/A | 1.00% of total direct gross premium income | § 38.2-401.1 | ||
| Annual Company Assessment Fee - HEAT | % based | N/A | N/A | 0.25% of total direct gross premium income | § 38.2-414 | ||
| Annual Company Assessment Fee - Insurance Fraud | % based | N/A | N/A | 0.05% of direct gross premium income | § 38.2-415 | ||
| Annual Company Assessment - Late Filing Fee | Flat fee per day | $50.00 | No cap | $50.00 per day until filing submitted | § 38.2-406 | ||
| Annual Company Assessment - Late Payment Fee | % based | N/A | N/A | 10% of assessment | § 38.2-403 | ||
| Annual Company Assessment - Late Payment Interest | % based | N/A | N/A | IRS Federal under-payment rate + 2% | § 38.2-403, |
§ 58.1-1812, § 58.1-15
| ANNUAL SURPLUS LINES BROKER (SLB) ASSESSMENT FEES | ||||
| Annual SLB Assessment Fee | % based | $300.00 | 0.10% of direct gross premium income | 0.035% of direct gross premium income |
(Oct. 2025 SCC Assessment Order) § 38.2-400, § 38.2-4809.1
| Annual SLB Assessment - Late Filing Fee 2 | Flat fee per day | $50.00 | $250.00 | ||||
| (5-day cap) | $50.00 per day until filing submitted | § 38.2-406 | |||||
| Annual SLB Assessment - Late Payment Fee 2, 3 | % based | N/A | N/A | 10% of assessment | § 38.2-403 | ||
| Annual SLB Assessment - Late Payment Interest 2, 3 | % based | N/A | N/A | IRS Federal under-payment rate + 2% | § 38.2-403, |
§ 58.1-1812, § 58.1-15
| II. VIRGINIA INSURANCE CONTINUING EDUCATION (CE) BOARD FEES 4, 5 | |||||
| Continuing Education Provider Application Fee | Flat fee | N/A | N/A | $0.00 | N/A |
| Continuing Education Course Application Fee | Flat fee | N/A | N/A | $40.00 | N/A |
| Single Session Course Application Fee | Flat fee | N/A | N/A | $50.00 | N/A |
| Course Application Expedited Approval Fee | Flat fee | N/A | N/A | $25.00 | N/A |
| Continuing Education Course Renewal Fee | Flat fee | N/A | N/A | $30.00 | N/A |
| Instructor Application Fee | Flat fee | N/A | N/A | $25.00 | N/A |
| Instructor Application Expedited Review Fee | Flat fee | N/A | N/A | $50.00 | N/A |
| Instructor Renewal Fee | Flat fee | N/A | N/A | $15.00 | N/A |
| Course Credit Hour Fee | Flat fee | N/A | N/A | $2.60 per credit hour | N/A |
| III. ADDITIONAL OFFEROR FEES 6 | |||||
| Offerors must provide any additional fees that will be charged for transactions completed by the solution. Examples include name changes and address changes. | |||||
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| < Enter Offeror transaction fee > | N/A | N/A | N/A | N/A | N/A |
| Notes |
| 1. License reinstatements for agents and agencies require both the license renewal fee and the license reinstatement fee, which may be paid simultaneously or at different times as separate transactions. |
| 2. BOI fees only apply to the initial submission. If a user submits additional fees post-submission or for an amendment, there are no additional transaction fees assessed by BOI. |
| 3. If a SLB does not pay on time, the penalty is 10% of the amount due plus interest (based on the current VA Dept. of Tax interest rate). |
| 4. All aspects of the CE program are determined by the CE Board in accordance with applicable statutes. The CE Program Administrator (currently Pearson Vue) performs administrative duties for the CE program on behalf of the Board. See Code of Virginia §§ 38.2-1867 - 38.2-1874. |
| 5. CE Board fees are calculated and collected by the Sircon for States platform through a monthly billing process based on CE transactions submitted by CE providers and instructors. |
| 6. The Code of Virginia prohibits charging an address change fee for non-resident licensees that change their address to another non-resident state for the following license types: Producer and Limited Lines Producer (§ 38.2-1836E); Consultant (§ 38.2-1845 E); Viatical Settlement Broker (§ 38.2-1865.4 E); Surplus Lines Broker (§ 38.2-1857.9 E). |
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