Market Conduct Multi-State Examination

The Florida Department of Financial Services, Office of Insurance Regulation, is soliciting proposals under RFP 2627-03 for a multi-state market conduct examination of the National Council on Compensation Insurance, Inc., with responses due 3:15 p.m. Eastern Time on November 16, 2026. No set-asides are identified. Vendor responses must be submitted through the MyFloridaMarketPlace Vendor Information Portal, and the Office posted its Questions and Answers on November 6, 2026.

The examination covers NCCI procedural considerations, advisory organization operations, statistical plans, data collection, ratemaking, classification handling, form development, and residual market functions, following the NAIC Market Regulation Handbook and conducted under sections 624.3161 and 766.315(5)(e), Florida Statutes. Deliverables include initial data calls, detailed work papers, draft examination reports, file review worksheets, exit conference agendas, and bi-weekly status reports. The contractor must furnish all equipment and resources. Respondents must show full-scope and targeted examination experience and employ Examiners-in-Charge and Senior Examiners certified by the Insurance Regulatory Examiner Society. Mandatory responsiveness items are a completed Consultant Profile Questionnaire and Vendor Certification Forms, including PUR 7801; an incomplete certification set results in a non-responsive determination. Supplemental attestations apply where contract conditions require them, including PUR 1355 for vendors accessing personal identifying information and PUR 1808 for applicable carriers. Tie-breaker preference certifications cover minority-owned firms, veteran-owned businesses, Florida-based entities, and drug-free workplace implementers.

Compensation is based on Standard Hourly Rates submitted on the Consultant Profile Questionnaire. No contract value is stated. The contract term begins upon execution and terminates no later than June 30, 2027, with no renewal options. The examination start is no later than December 14, 2026, with estimated completion November 30, 2027, extendable by up to one additional year through written agreement. The contractor remains available on a fee-for-service basis for one year after completion. Onsite travel expenses are not reimbursed unless the Office specifically authorizes them. All work products and records become Office property.

Evaluation allocates 90 technical points, covering experience, organizational ability, proposed approach, and related criteria, and 10 cost points, for 100 total. The Office awards to the single responsible and responsive respondent with the highest total score. The notice of intent to award is anticipated December 1, 2026, with an anticipated contract start of December 9, 2026.