Verisk Sole Source

The State of Utah is conducting a sole source procurement (Solicitation KK25-11) for Verisk's comprehensive claims data and investigation solution through the Utah Public Procurement Place (U3P). This technology procurement focuses on acquiring an advanced software and data service platform designed to enhance fraud detection, compliance, and claims management capabilities. The solicitation covers three specific commodity codes: information technology software, IT services including cloud services, and data services with specialized support functions. The procurement is being managed through the Bonfire procurement platform, with all responses required to be submitted in US Dollars. The solicitation opens on February 12, 2025, at 12:00 PM Mountain Standard Time and closes on February 20, 2025, at 12:00 PM MST, with bids remaining sealed until the closing date and time. The primary point of contact for this procurement is Keli Lessing, who can be reached at klessing@utah.gov or +1 801-957-7167 for any questions or clarifications.

While the documentation does not explicitly outline specific set-aside designations or vendor restrictions, the sole source nature of the procurement suggests this opportunity is specifically targeted to Verisk as the sole provider of the required claims data and investigation solution. No specific budget range or award value is directly stated in the available documentation. The procurement appears focused on acquiring a specialized technology solution that integrates advanced claims management and fraud detection capabilities. The commodity codes indicate the state is seeking comprehensive technology services that include software, cloud services, data management, and related technical support. Potential vendors should be prepared to demonstrate deep expertise in claims investigation technologies, fraud detection systems, and comprehensive data management solutions tailored to governmental agency requirements.