Lender-Placed Insurance Services

The U.S. Department of Agriculture Rural Development is seeking lender-placed insurance services to provide coverage on properties financed through USDA Rural Development housing programs when borrowers fail to maintain adequate insurance themselves. This Sources Sought Notice aims to identify qualified contractors capable of delivering comprehensive insurance services including policy placement, property inspections, check processing, mail services, loss processing, flood determinations, an Information Management System (IMS), and training for USDA Rural Development Insurance Staff. The contractor will be responsible for mitigating risk to Rural Development's extensive portfolio of properties across all 50 states and U.S. territories. Interested businesses must submit their responses electronically by 10:00 AM Eastern Time on September 3, 2025, with submissions limited to five pages. The government has not specified particular evaluation criteria in this pre-solicitation phase, as this is a market research effort to gauge industry capabilities.

This opportunity does not include any set-aside designations, though the solicitation encourages responses from small businesses and those with various socio-economic certifications. No incumbent contractors or current service providers are identified in the notice. The contract structure envisions a one-year base period with four option years, creating a potential five-year performance period from December 30, 2025 through December 29, 2030. The scope encompasses approximately 185,000 Direct Single-Family Housing Loans and 12,990 Multi-Family Housing projects, representing a substantial portfolio requiring insurance coverage. No specific budget ranges or award values are disclosed at this pre-solicitation stage, and the government emphasizes that this Sources Sought Notice represents no commitment to procure services.