Schedule B - Pricing Captive Financial.docx

This is a Schedule B Pricing Request document for Request for Proposal No. 260000002069 issued by the State of Michigan for Captive Financial Examinations of Insurance Companies. The document requires contractors to submit a comprehensive pricing schedule using Microsoft Word, with an option to provide an additional pricing schedule in a non-modifiable format such as PDF. Proposals must detail all costs associated with the contract activities, including one-time charges, setup fees, shipping and handling, per-piece pricing, and palletizing costs. The pricing schedule must include a staff and roles section with corresponding hourly rates for all personnel who will be assigned to the contract.

Contractors are required to certify that their proposed prices were developed independently without consultation or agreement with other bidders. The document encourages contractors to offer quick payment terms by providing a discount percentage off the invoice if paid within a specified number of days following receipt of the invoice, with the stipulation that the payment timeline cannot include processing time for funds to reach the contractor's financial institution. Failure to complete the pricing schedule as requested may result in disqualification of the proposal.