S-44000-00016831_Att E_Price Proposal Form.docx
DOCX document 43 KB Posted
- Solicitation number
- S-44000-00016831
- Issued by
- Oregon
About this file
This Price Proposal Submission Form is for RFP S-44000-00016831, issued by the Oregon Department of Consumer and Business Services, Division of Financial Regulation, for Automobile Insurance Rating Actuarial Services. The contractor shall develop a work plan for conducting actuarial analysis on automobile insurance data, followed by delivery of a five-year lookback report and subsequent annual reports over a four-year period. Proposers must submit the signed form in OregonBuys prior to the bid opening date of July 8, 2026 at 2:00 PM PT. The contract term encompasses the initial work plan development and five years of reporting deliverables.
Proposers must meet minimum qualifications including five years of actuarial and analysis experience within the last seven years, assign analyst(s) with a minimum three years of experience, and employ or contract with qualified actuaries who are Fellows or Associates of the Casualty Actuarial Society or Members of the American Academy of Actuaries. The price proposal requires submission of hourly rates for various positions and fixed costs for each of the seven deliverables: the work plan, five-year lookback report, and five subsequent annual reports. The agency will not enter price proposals in the OregonBuys items tab and requires proposers to enter only $1.00 as a placeholder cost. The price proposal must remain firm for 180 days from the bid opening date. Price evaluation will be conducted by the Single Point of Contact using a comparative scoring formula based on the lowest proposed price, with travel costs to be negotiated separately if requested by the agency.
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Other files
| File | Type | Posted |
|---|---|---|
| RFP_Automobile Insurance Rating Actuarial Services.pdf | ||
| S-44000-00016831_Att D_References.docx | DOCX document | |
| S-44000-00016831_Att G_Responsibility Inquiry.docx | DOCX document | |
| S-44000-00016831_Att H_Key Persons.docx | DOCX document | |
| Att A_Sample Contract_Automobile Insurance Rating Actuarial Services.pdf | ||
| S-44000-00016831_Att C_Proposer Information and Certification Sheet.docx | DOCX document | |
| S-44000-00016831_Att F_COBID Certification.docx | DOCX document | |
| S-44000-00016831_Att B_Disclosure Exemption Affidavit.docx | DOCX document |
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Text version
RFP#: S-44000-00016831 Att. E
ATTACHMENT E
PRICE PROPOSAL SUBMISSION FORM
Company Name:
Contact Person:
Title:
Address:
Telephone:
Email:
Each Proposer must submit this Proposal Submission Form. The Proposal Submission Form must be signed and submitted in OregonBuys prior to the Bid Opening date July 08, 2026 at 2:00 PM PT.
By answering the following questions, Proposer denotes whether they meet or exceed all the following minimum qualifications of RFP Section 3.1. Agency reserves the right to determine if Proposer meets the minimum qualifications as part of the evaluation process of the Administrative Proposal and Key Persons.
Yes / No
1. Does Proposer’s staff have a minimum five (5) years’ experience in the last seven (7) years conducting actuarial and analysis as demonstrated by the Services?
2. Does Proposer employ or contract with assigned analyst(s), including Key Person(s) have a minimum three (3) years’ experience conducting actuarial and analysis work as described in the requested Services?
3. Does Proposer employ or contract with assigned analyst(s), including Key Person(s) who are a Fellow (or Associate) of the Casualty Actuarial Society (FCAS/ACAS) or a Member of the American Academy of Actuaries (MAAA) qualified to practice in property and casualty lines?
4. Does Proposer employ or contract with assigned analyst(s), including Key Person(s) who are a member in good standing of the American Academy of Actuaries and the society in which the actuary is credentialed?
5. Does Proposer’s Key Person(s) have five (5) years’ experience in the last seven (7) years conducting actuarial and analysis as demonstrated by the Services?
Agency is electing not to have Price Proposals entered in OregonBuys on the items tab.
When completing the quote process in OregonBuys, enter a cost of $1.00 only.
*Add additional positions as applicable.
| Position Title |
| Hourly Rate |
| Example |
| Senior Actuary |
| $100.00 |
Position 1
Position 2
Position 3
Position 4
Position 5
| Service |
| Fixed Cost |
| Example |
| Deliverable 1: Work Plan |
| $100.00 |
Deliverable 1: Work Plan
Deliverable 2: Lookback Five (5) Year Report
Deliverable 3: Subsequent Annual Report – Year One (1)
Deliverable 4: Subsequent Annual Report – Year Two (2)
Deliverable 5: Subsequent Annual Year Report – Year Three (3)
Deliverable 6: Subsequent Annual Year Report – Year Four (4)
Deliverable 7: Subsequent Annual Year Report – Year Five (5)
Price Proposal shall be firm for a period of 180 days from the Bid Opening of the RFP.
The Single Point of Contact (SPC) will conduct the price evaluation. The SPC will calculate the total fixed deliverables proposed and then award a price score to each Price Proposal based upon the percentage of the proposed price as compared to the lowest Proposer’s price using the following formula:
| lowest price of all Proposers |
| X |
| price points possible |
| = |
| price score |
price being scored
Note: Only positions and hourly rates included on this Price Proposal Submission Form will be included on the awarded Contract. If requested by Agency, any travel costs will be negotiated separately.
File details come from the government source that posted it. Updated .