Market Conduct Examinations Services
Closed State & local contract opportunity Posted
- Solicitation number
- 26RFP19858
- State
- South Dakota
- Responses due
Opportunity facts
- Jurisdiction
- UNSPSC codes
- 64121504 Commercial multiple peril policy
- 64122202 Group dental insurance policy
- 84131520 Insurance broking fees and commission
- 64122100 Health insurance contracts
- 64122200 Dental insurance contracts
- 64121502 Boiler and machinery policy
- 64121507 Fraternal benefit society insurance policy
- 64121508 Homeowners insurance policy
- 64121509 Inland marine insurance policy
- 64121511 Ocean marine insurance policy
Show all 24
- 64121512 Surety policy
- 84131518 Bicycle insurance
- 64120000 Insurable interest contracts
- 64122007 Modified guaranteed annuity policy
- 64122006 Fixed annuity policy
- 64121514 Warranty policy
- 64121505 Farm owners multiple peril policy
- 84131513 Erection all risks insurance
- 84131905 Employment practice liability insurance services
- 84131900 Insurance services for casualty lines
- 64122102 Group health insurance policy
- 64122201 Individual dental insurance policy
- 64122101 Individual health insurance policy
- 81162310 Procurement process as a service
Opportunity details come from postingboard.esmsolutions.com. Updated .
About this opportunity
The South Dakota Division of Insurance is soliciting proposals for comprehensive on and off-site market conduct examinations of insurance companies under RFP 26RFP19858, with proposals due September 1, 2026 at 5:00 p.m. CST. The contractor must be capable of beginning examinations no later than 30 days from contract execution and must examine all lines of insurance with a sufficient number of qualified examiners.
The scope requires the contractor to conduct both on-site and off-site examinations across all insurance lines. The contractor must maintain commercial general liability insurance of at least $1 million per occurrence, professional liability insurance of at least $1 million, business automobile liability insurance of at least $1 million per accident, and workers' compensation insurance as required by South Dakota law.
The initial contract term runs from December 1, 2026 through November 30, 2028, with the State retaining the right to renew for up to two additional two-year periods contingent upon satisfactory performance. The cost proposal must include an hourly rate for all services, with travel, lodging, meals, and miscellaneous costs not to exceed continental United States General Services Administration rates. Monthly invoices will itemize hours worked, hourly rates, and expense receipts requiring State approval before submission to examined companies for payment. Oral presentations may be required at the vendor's expense.
Written inquiries are due July 27, 2026, and must be emailed to Tony Dorschner at tony.dorschner@state.sd.us with subject line "26RFP19858." All inquiries and State responses will be posted on the state's e-procurement system. Vendor question responses are due August 18, 2026. The anticipated award decision and contract negotiation date is November 2, 2026. The State reserves the right to reject any or all proposals and will negotiate with the highest-ranked offeror; if negotiations fail, the State may proceed with successively ranked contractors.
Opportunity text
The South Dakota Division of Insurance is seeking a Contractor to provide comprehensive on and off-site Market Conduct Examinations of insurance companies. The Contractor must be able to begin examinations no later than 30 days from the date the contract is signed.
Offerors may email inquiries concerning this RFP to obtain clarification of requirements. No inquiries will be accepted after the date and time indicated in the Schedule of Activities. Inquiries must be emailed to Tony Dorschner at tony.dorschner@state.sd.us with the subject line "26RFP19858."
The State will respond to offeror's inquiries (if required) via e-mail. In addition, all inquiries and the State's response will be posted on the state's e-procurement system. Offerors may not rely on any other statements, either of a written or oral nature, that alter any specification or other term or condition of this RFP. Offerors will be notified in the same manner as indicated above regarding any modifications to this RFP.
Files
| File | Type | Posted |
|---|---|---|
| RFP Document.pdf |
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