Earthquake Insurance and its benefit to the Nation
Past New Requirement Updated
- Agency
-
National Institute of Standards and Technology
Department of Commerce
- Solicitation expected
- Estimated value
- $251,000 to $500,000
- Set-aside
- No set-aside
Forecast facts
- Anticipated award
- Through
- NAICS code
- 541690 Other Scientific and Technical Consulting Services
- Place of performance
- Gaithersburg, Maryland, United States
- Forecast number
- 60838
- Points of contact
-
- Steven T. Dmuchowski steven.dmuchowski@nist.gov
Forecast details come from the Commerce Department's procurement forecast. Agencies' dates and values are estimates.
About this forecast
The National Institute of Standards and Technology (NIST) is forecasting a new requirement for scientific and technical consulting services focused on earthquake insurance research needs. This initiative, classified under NAICS 541690 (Other Scientific and Technical Consulting Services), aims to examine earthquake insurance as a critical financial recovery tool following major seismic events, recognizing that while engineering and building codes protect lives, insurance mechanisms are essential for protecting the economy and ensuring long-term community viability. The solicitation is estimated to be released on August 15, 2026, with an anticipated award date of November 15, 2026.
The estimated contract award value ranges from $251,000 to $500,000, with the place of performance located in Gaithersburg, Maryland. This is a competed requirement with no set-asides applied. Interested parties should direct inquiries to Steven T. Dmuchowski, Agreements Specialist at NIST, who can be reached at steven.dmuchowski@nist.gov for additional information regarding this opportunity under the NIST Laboratory Programs office.
Forecast text
Workshop on Earthquake Insurance Research Needs. Studying earthquake insurance is a national priority for the NEHRP primarily because insurance is the most critical financial tool for socio-economic recovery following a major seismic event. While engineering and building codes protect lives, insurance protects the economy and the long-term viability of communities.
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