MFH Bid pricing worksheet.pdf

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Attached to
Lender Placed Insurance Services Federal contract opportunity
Solicitation number
12C0BA20R0006
Issued by
Department of Agriculture Rural Housing Service

About this file

This document includes a bid pricing worksheet and performance work statement for a solicitation seeking lender placed insurance services. The Rural Housing Service within the Department of Agriculture is soliciting proposals to provide contractor services to support lender placed hazard insurance on properties where the agency has a financial interest, along with ancillary services related to the placed insurance coverage. Contractors would be responsible for placing hazard, wind, and flood insurance according to location-specific rates and coverage amounts provided in the bid pricing worksheet. The performance period consists of a one-year base period and four one-year option periods. Proposals are due by the date specified in the solicitation number 12C0BA20R0006. Award is expected to be a single-award indefinite delivery, indefinite quantity contract.

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Other files for this federal contract opportunity

Other files attached to Lender Placed Insurance Services, newest first.
File Type Posted
Amendment 0001 to Solicitation 12C0BA20R0006.pdf PDF
SFH Bid pricing worksheet.pdf PDF
Bid Schedule - Contractor Price.pdf PDF
LPI synopsis- final.pdf PDF
LPI PWS of Solicitation to post.pdf PDF

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Text version

Location Rate / Per Hundred ICC Fee Insured value Total Rate Value

FL, LA, TX $33.00 $150,000.00

Rest of US $33.00 $100,000.00 Puerto Rico $33.00 $150,000.00

Virgin Islands $33.00 $100,000.00 FL, LA, TX n/a $15,000.00 Rest of US n/a $15,000.00 Puerto Rico n/a $25,000.00

Virgin Islands n/a $15,000.00 FL, LA, TX n/a $15,000.00 Rest of US n/a $15,000.00 Puerto Rico n/a $25,000.00

Virgin Islands n/a $15,000.00

Location Rate / Per Hundred ICC Fee Insured value Total Rate Value

FL, LA, TX $33.00 $150,000.00

Rest of US $33.00 $100,000.00 Puerto Rico $33.00 $150,000.00

Virgin Islands $33.00 $100,000.00 FL, LA, TX n/a $15,000.00 Rest of US n/a $15,000.00 Puerto Rico n/a $25,000.00

Virgin Islands n/a $15,000.00 FL, LA, TX n/a $15,000.00 Rest of US n/a $15,000.00 Puerto Rico n/a $25,000.00

Virgin Islands n/a $15,000.00

Worksheet for CLIN pricing entries on LPI schedule/bid sheet

Multi Family Homes program

CLIN 0003 TOTAL =

CLIN 1003 Total=

CLIN 0003

Base Year: 30 Dec 2020 thru 29 Dec 2021

CLIN 1003

Hazard Premium

Wind Premium

Coverage

Flood Premium

Option Year 1: 30 Dec 2021 thru 29 Dec 2022 Coverage

Flood Premium

Hazard Premium

Wind Premium

Rest of US $33.00 $100,000.00 Puerto Rico $33.00 $150,000.00

Virgin Islands $33.00 $100,000.00 FL, LA, TX n/a $15,000.00 Rest of US n/a $15,000.00 Puerto Rico n/a $25,000.00

Virgin Islands n/a $15,000.00 FL, LA, TX n/a $15,000.00 Rest of US n/a $15,000.00 Puerto Rico n/a $25,000.00

Virgin Islands n/a $15,000.00

Location Rate / Per Hundred ICC Fee Insured value Total Rate Value

FL, LA, TX $33.00 $150,000.00

Rest of US $33.00 $100,000.00 Puerto Rico $33.00 $150,000.00

Virgin Islands $33.00 $100,000.00 FL, LA, TX n/a $15,000.00 Rest of US n/a $15,000.00 Puerto Rico n/a $25,000.00

Virgin Islands n/a $15,000.00 FL, LA, TX n/a $15,000.00 Rest of US n/a $15,000.00 Puerto Rico n/a $25,000.00

Virgin Islands n/a $15,000.00

CLIN 2003 TOTAL =

CLIN 3003 TOTAL =

Hazard Premium

CLIN 2003

Option Year 2: 30 Dec 2022 thru 29 Dec 2023

Coverage

Flood Premium

Hazard Premium

Wind Premium

Wind Premium

CLIN 3003

Option Year 3: 30 Dec 2023 thru 29 Dec 2024

Coverage

Flood Premium

1. Increased Cost of Compliance (ICC) coverage is a part of standard flood insurance policies available under the Federal Emergency Management Agency’s (FEMA’s) National Flood Insurance Program (NFIP). The ICC fee of $33.00 is required for each account provided lender placed flood insurance.

Reference https://www.fema.gov/increased-cost-compliance-coverage.

2. If you propose to charge any dollar amount for the ICC fee different than the $33.00 per policy, indicate your proposed rate here___________________ and it will be multiplied 800 as a notional number of Flood Insurance policies per year and added instead of the $33.00 each. This amount can raise or lower your overall price ranking status. If blank, then RD will use the figure $26,400.00 (800 x 33.00) added to your overall cost.

Rest of US $33.00 $100,000.00 Puerto Rico $33.00 $150,000.00

Virgin Islands $33.00 $100,000.00 FL, LA, TX n/a $15,000.00 Rest of US n/a $15,000.00 Puerto Rico n/a $25,000.00

Virgin Islands n/a $15,000.00 FL, LA, TX n/a $15,000.00 Rest of US n/a $15,000.00 Puerto Rico n/a $25,000.00

Virgin Islands n/a $15,000.00

CLIN 4003 TOTAL =

Hazard Premium

Wind Premium

CLIN 4003

Option Year 4: 30 Dec 2024 thru 29 Dec 2025

Coverage

Flood Premium https://www.fema.gov/increased-cost-compliance-coverage

File details come from the government source that posted it. Updated .