Addendum No. 3.pdf

Addendum No. 3 is a modification document issued by the Florida Department of Financial Services, Office of Insurance Regulation (OIR), relating to Invitation to Bid (ITB) Number 2526-02 for examination services. This addendum updates the timeline for the competitive procurement solicitation. Key deadlines include a question submission deadline of May 14, 2026, with answers posted by May 29, 2026. Responses and all required documentation must be submitted to DFSPurchasing@myfloridacfo.com by 3:00 P.M. Eastern Time on July 31, 2026. The public response opening will occur at 3:15 P.M. on July 31, 2026, at the Department of Financial Services in Tallahassee, Florida, with participation available via Microsoft Teams conference call. The anticipated notice of intent to award is August 10, 2026, with an anticipated contract start date of October 1, 2026. The contract includes an initial one-year term with renewal options available for up to three additional years contingent upon satisfactory performance and available funding.

Addendum No. 3 specifically modifies the public opening conference call information, updating the phone conference identification number and dial-in details to 888-585-9008 or 850-328-4354 with Phone Conference ID 819-252-704 896 255 936#. The procurement utilizes a lowest responsible and responsive bid methodology based on fixed hourly rates submitted by contractors for various examination positions including Examination Manager, Examiner-in-Charge, Participating Examiner, Head Actuary, Participating Actuary, and IT and investment specialists. Set-aside considerations prioritize certified minority-owned firms, veteran-owned businesses, Florida-based businesses, and drug-free workplace certified companies in the event of identical tie responses. No specific budget allocation is disclosed in the available documentation, though Florida Administrative Code establishes baseline daily rates of $232 for market conduct examination employees and $461 for actuarial employees.