DCP2016 AD1 insurance advisory services

This state and local contract opportunity is a Request for Response (RFR) issued by the Commonwealth of Massachusetts Executive Office for Administration and Finance for Insurance Advisory Services. The purpose of this procurement is to obtain proposals from independent fee-for-service insurance advisory consulting firms to provide advice to the Division of Capital Asset Management and Maintenance (DCAMM) on various insurance-related matters. DCAMM is seeking responses from qualified firms to provide these services from time to time upon request. The RFR notes that DCAMM intends to enter into contracts with more than one vendor to avoid potential conflicts of interest. Responses are due by January 29, 2021 at 3:00 PM EST, and the target number of contract awards is two. The RFR outlines the compensation structure, which states that DCAMM makes no guarantee of any purchased services and will negotiate any rates deemed excessive. Billing will be monthly with detailed accounting of time and expenses. The contract will be for an initial three-year term with two optional two-year renewal periods, for a total maximum duration of seven years. The RFR also includes standard Commonwealth requirements around security, confidentiality, and small business participation.

The RFR does not specify any set-aside designations or restrictions on the types of organizations that can respond. No incumbent vendors or current contractors are listed, and there is no information provided about any existing infrastructure or technology that requires integration. The RFR does not provide any details about possible award values or budget ranges.