Attachment B-1 Financial Proposal Instructions for Financial Examination Assistance Services..xlsx
XLSX spreadsheet 18 KB Posted
- Attached to
- Financial Examination Assistance Services
- Solicitation number
- BPM057939
- Issued by
- Maryland
About this file
This is a financial proposal instructions document for the Maryland Insurance Administration (MIA), Financial Regulation Division, which is soliciting contractor assistance for financial examination services. The MIA is seeking proposals from multiple contractors to provide staffing support across four functional areas: Staff Examiner Assistance, Senior Examiner Assistance, Examiner-In-Charge Assistance, and Senior Manager Assistance. The selected contractors will support the MIA in conducting financial examinations of Maryland-domiciled insurers over a five-year contract term. Up to six contracts will be awarded. All examinations will be conducted under the direct supervision of an MIA Assistant Chief Examiner, with the primary objectives of ensuring the continued financial solvency of domestic insurers, detecting solvency issues in advance, ensuring compliance with NAIC requirements and Maryland law, maintaining the MIA's NAIC accreditation standing, and fulfilling the MIA's examination requirements under Maryland statute.
The financial proposal instructions document establishes the framework for pricing submissions and evaluation criteria for prospective contractors. Contractors must submit proposals that address staffing levels, qualifications, and associated costs for each of the four functional areas. The document specifies minimum qualifications required for personnel in each category and outlines the methodology for financial evaluation of proposals. Specific pricing terms, set-asides, funding amounts, and submission deadlines are detailed within the attachment to ensure competitive and transparent proposal evaluation.
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Instructions
ATTACHMENT B-1 FINANCIAL PROPOSAL INSTRUCTIONS
FINANCIAL EXAMINATION ASSISTANCE SERVICES RFP NUMBER MIA/FR-26-002 EMMA#:BPM057939
Instructions
| The Financial Proposal Form shall contain all price information in the format specified on these pages. Complete the Financial Proposal Form only as provided in the Financial Proposal Instructions. Do not amend, alter or leave blank any items on the Financial Proposal Form. The Offeror must provide a separate fully loaded fixed hourly rate (FLFHR) for each functional area included in its proposal, on the form provided and in the required format. |
| If the Offeror is not proposing to offer services in a specified functional area, it should indicate “Not Applicable” or “N/A” in the table for that functional area, or leave that functional area blank. Failure to adhere to any of these instructions may result in the Proposal being determined not reasonably susceptible of being selected for award. |
Cost Breakdown
| ATTACHMENT B-2 |
| FINANCIAL PROPOSAL FORM |
| FINANCIAL EXAMINATION ASSISTANCE SERVICES RFP NUMBER: MIA/FR-26-002 EMMA#:BPM057939 |
Functional Area 1:
Senior Manager Services
| Contract Year | FLFHR | Estimated Number of Hours* | Estimated Cost (FLFHR x Estimated Hours) |
| Year 1 | 400 | $ - 0 | |
| Year 2 | 400 | $ - 0 | |
| Year 3 | 400 | $ - 0 | |
| Year 4 | 400 | $ - 0 | |
| Year 5 | 400 | $ - 0 | |
| Total: | $ - 0 |
Functional Area 2:
Examiner-In-Charge Services
| Contract Year | FLFHR | Estimated Number of Hours* | Estimated Cost (FLFHR x Estimated Hours) |
| Year 1 | 3,000 | $ - 0 | |
| Year 2 | 3,000 | $ - 0 | |
| Year 3 | 3,000 | $ - 0 | |
| Year 4 | 3,000 | $ - 0 | |
| Year 5 | 3,000 | $ - 0 | |
| Total: | $ - 0 |
Functional Area 3:
Senior Examiner Services
| Contract Year | FLFHR | Estimated Number of Hours* | Estimated Cost (FLFHR x Estimated Hours) |
| Year 1 | 3,000 | $ - 0 | |
| Year 2 | 3,000 | $ - 0 | |
| Year 3 | 3,000 | $ - 0 | |
| Year 4 | 3,000 | $ - 0 | |
| Year 5 | 3,000 | $ - 0 | |
| Total: | $ - 0 |
Functional Area 4:
Staff Examiner Services
| Contract Year | FLFHR | Estimated Number of Hours* | Estimated Cost (FLFHR x Estimated Hours) |
| Year 1 | 1,400 | $ - 0 | |
| Year 2 | 1,400 | $ - 0 | |
| Year 3 | 1,400 | $ - 0 | |
| Year 4 | 1,400 | $ - 0 | |
| Year 5 | 1,400 | $ - 0 | |
| Total: | $ - 0 | ||
| *The estimated hours indicated are for evaluation purposes only and are not a guarantee of a minimum or maximum amount of work. |
Total Cost
| ATTACHMENT B-2 |
| FINANCIAL PROPOSAL FORM |
| FINANCIAL EXAMINATION ASSISTANCE SERVICES RFP NUMBER: MIA/FR-26-002 EMMA#:BPM057939 |
| Summary | Total Contract Cost* |
| Senior Manager Services | $ - 0 |
| Examiner-In-Charge Services | $ - 0 |
| Senior Examiner Services | $ - 0 |
| Staff Examiner Services | $ - 0 |
| *Total Contract Cost includes the total estimated costs for the entire five year term for each specified functional area, and will be the basis for evaluation. |
| Submitted By: |
| Authorized Signature: __________________________________________________________________ |
| Date: __________________________________________ |
Printed Name and Title: _______________________________________________________________
| Offeror Name: _____________________________________________________________ |
| Offeror Address: ____________________________________________________________ |
| Location(s) from which services will be performed (City State): ______________________________ |
| FEIN: __________________________ eMMA #_____________________________________ |
| Offeror Contact Information: Telephone (______) ___________ -- _________________ |
| Fax (______) ___________ -- _________________ |
File details come from the government source that posted it. Updated .