Competitive Rate Comparison Services

Closed State & local contract opportunity Posted

Solicitation number
SS-16549
State
Florida
Responses due

Opportunity facts

Jurisdiction
NIGP code
UNSPSC code
Point of contact

Opportunity details come from vendor.myfloridamarketplace.com. Updated .

About this opportunity

Citizens Property Insurance Corporation of Florida is issuing a single-source purchase order for competitive rate comparison services, with vendor information due August 14, 2026 at 5:00 p.m. ET. The procurement is restricted to i4 Integrated Services, selected based on specialized analytical capabilities not readily available from other vendors in the insurance analytics marketplace.

The scope requires analysis and reporting on Citizens' rate competitiveness within the Florida property insurance market, covering HO-3, DP-3, and HO-6 lines of business. The vendor must compare Citizens' rates against at least fifty percent of the Florida property and casualty personal residential insurers market measured by total insured value and provide accurate rate calculations using policy-level premium simulations with proprietary rating models and a specialized database of Florida property insurer rating methodologies. Services are requested on an as-needed basis with annual updates to support Citizens' statutory rate filing requirements under Florida law.

The estimated contract value is $1,550,000 over a 60-month term. As of July 10, 2026, Citizens held 278,269 policies across personal and commercial residential lines of business as well as commercial non-residential multiperil and wind-only lines. The requesting department is Corporate Analytics - Actuarial Data Science.

Files

File Type Posted
Competitive Rate Comparison Services.pdf PDF

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