RFQ 693JF725Q00007 Vessel insurance validation
Closed Solicitation Posted
- Solicitation number
- 693JFvesselinsurancevalidation
- Agency
-
Maritime Administration
Department of Transportation
- Responses due
- Set-aside
- Total Small Business
Opportunity facts
- NAICS code
- 524210 Insurance Agencies and Brokerages
- Place of performance
- Washington, District of Columbia 20003, United States
- Points of contact
-
- Durba Ray durba.ray@dot.gov (202) 855-4908
- Bryant Fields bryant.fields.ctr@dot.gov
Notice details come from SAM.gov. Updated .
About this opportunity
The U.S. Department of Transportation's Maritime Administration (MARAD) is seeking vessel insurance validation services through RFQ 693JF725Q00007 to support its Federal Ship Financing Program authorized under Title XI. The contractor will provide continued verification of insurance requirements, risk mitigation advice and recommendations, shipbuilder repair risk support, and claims support for financed vessels in MARAD's portfolio, specifically supporting the Office of Marine Financing and Office of Financial Approvals & Marine Insurance. Qualified contractors must have an active SAM.gov registration under NAICS code 524210 and PSC code G008, possess five years of vessel insurance review experience, and hold a four-year undergraduate degree in Business, Economics, or Finance. Performance will be evaluated using a Quality Assurance Surveillance Plan with 100% inspection of deliverables and an acceptable quality level of 100%, with potential financial penalties for incomplete or non-compliant work. The original RFQ closing date of July 28, 2025 at 2:00 PM EST has been extended to July 30, 2025 at 2:00 PM EST, with questions due by July 17, 2025 at 1:00 PM EST to durba.ray@dot.gov.
This procurement is designated as a total small business set-aside with no incumbents or current contractors specifically identified in the solicitation documents. The contract has a total ceiling value of $250,000 structured as a base year plus four one-year option periods, with each year valued at $50,000 for maritime administration insurance verification support. The period of performance will span five years from August 4, 2025 through August 3, 2030, with the contractor responsible for reviewing insurance certificates, checking entry certificates, reporting insurance lapses, and providing marine insurance compliance recommendations. Services will be performed in Washington, DC 20003, supporting MARAD's ongoing oversight of Title XI vessel financing operations. All proposals must be submitted electronically with three separate sections that cannot be combined, and contractors must maintain their SAM.gov registration throughout the contract duration.
Notice text
2 versions
Update #2 · Latest ·
The U.S. Department of Transportation (DOT), Maritime Administration’s (MARAD) Office of Marine Financing (OMF) and the Office of Financial Approvals & Marine Insurance (MAR-770) has a need for continued verification of insurance requirements, providing advice and recommendations to mitigate risk and exposures, providing shipbuilders repair risk support, and providing any claims support as needed support for the financed vessels in its portfolio. OMF is charged with managing the Federal Ship Financing Program, authorized by 46 U.S.C. Chapter 537 (“Title XI”). RFQ 693JF725Q00007, QASP and Pricing sheet are attached. RFQ closing date is 7/28/2025 at 2pm EST. Any questions must be submitted to durba.ray@dot.gov; cc bryant.fields.ctr@dot.gov by 7/17/2025 , 1pm EST and all proposals must be emailed to Durba Ray at durba.ray@dot.gov; cc bryant.fields.ctr@dot.gov prior to the close of the RFQ. It is a total small business set aside. All Quoters must have an active SAM registered active account and must maintain during the life of the contract. Each Quoters SAM.gov account should show that they are small business under NAICS code 524210 and PSC code G008.
SF1449 and any admendments (if any) must be signed and submitted with the proposal. All 3 sections must be separate. Cannot be combined and clearly marked.
The purpose of amendment one is to extend the RFQ closing date from 7/28/2025, 2pm EST to 7/30/2025, 2pm EST. All terms and conditions of the solicitation remain unchanged.
Update #1 ·
The U.S. Department of Transportation (DOT), Maritime Administration’s (MARAD) Office of Marine Financing (OMF) and the Office of Financial Approvals & Marine Insurance (MAR-770) has a need for continued verification of insurance requirements, providing advice and recommendations to mitigate risk and exposures, providing shipbuilders repair risk support, and providing any claims support as needed support for the financed vessels in its portfolio. OMF is charged with managing the Federal Ship Financing Program, authorized by 46 U.S.C. Chapter 537 (“Title XI”). RFQ 693JF725Q00007, QASP and Pricing sheet are attached. RFQ closing date is 7/28/2025 at 2pm EST. Any questions must be submitted to durba.ray@dot.gov; cc bryant.fields.ctr@dot.gov by 7/17/2025 , 1pm EST and all proposals must be emailed to Durba Ray at durba.ray@dot.gov; cc bryant.fields.ctr@dot.gov prior to the close of the RFQ. It is a total small business set aside. All Quoters must have an active SAM registered active account and must maintain during the life of the contract. Each Quoters SAM.gov account should show that they are small business under NAICS code 524210 and PSC code G008.
SF1449 and any admendments (if any) must be signed and submitted with the proposal. All 3 sections must be separate. Cannot be combined and clearly marked.
Files
| File | Type | Posted |
|---|---|---|
| Attachment 2 RFQ 693JF725Q00007 QASP Insurance.pdf | ||
| Attachment one - Pricing sheet 693JF725Q000007.xlsx | XLSX spreadsheet | |
| RFQ 693JF725Q000007 Title XI Vessel Verification.pdf July 14 2025.pdf |
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