Award Summary 2015.doc

RFR Award Summary

Division of Insurance

RFR-2015-DOI-001

Insurance Producer Examination and Educational Services

Duration of Procurement: The initial duration of this Contract is up to three (3) years. The Division may renew this Contract beyond its initial term for up to three (3) additional one (1) year terms.

Start Date of Contract: July 21, 2015

C

End Date of Procurement (including all options to renew): July 21, 2021 Contract Awarded to:

Prometric, Inc.

1501 S. Clinton Street

Baltimore, MD 21224

Scope of Services:

The Contractor will provide examination (test development, application processing, test administration, scoring, and reporting), and continuing education to the Massachusetts Division of Insurance relative to insurance producers and other licensed insurance professionals.

Evaluation Process:

The proposals were scored in the following manner:

1. Members of the Procurement Management Team (PMT) evaluated each response according to the following criteria:

· General suitability of the Bidder; including the size of the firm, qualifications of staff, management capabilities and biographical summaries of staff,.

· The Bidder’s experience in providing examination services similar to those described within this RFR.

· The Bidder’s experience in providing continuing educational services similar to those described within this RFR.

· Familiarity and knowledge of relevant insurance laws, regulations and bulletins.

· Bidder‘s approach to developing and maintaining examinations and communicating with various parties.

· Bidder’s approach to developing and maintaining continuing educational services and communicating with various parties.

· Bidder’s ability to provide information on its security and confidentiality of its examinations; including and not limited to test questions, test administration, test locations and proctors.

· Ability to produce clear, focused and responsive timely information, such as examination development, examination handbooks and web pages to the Division of Insurance.

· Ability to produce clear, focused and responsive timely information, such as examination development, examination handbooks and web pages; including online registration for candidates and licensees.

· Quality of references and their response to Division inquiries.

· Sufficient resources and staff to provide services.

· Knowledge and familiarity of trends and techniques relevant to the services described herein and the bidder’s proposed responses to such techniques.

· Bidder’s proposed fee competitiveness and reasonableness.

· Bidder’s thoroughness in responding with regard to bid requirements.

· Best value to the Division, in terms of the impact the Bidder’s approach has on the Division’s allocation of staff, time and other resources.

· Submission of the Supplier Diversity Plan.

2. The response with the highest composite score out of 285 points was awarded the contract.

Evaluation Results:

No.

Firm Name

Final Score Pearson Vue

Prometric Inc.

PSI Services LLC

Award Summary

RFR-2015-DOI-001 Examination and Educational Services