WCB Renewal of Self Insurance Financial Rating EDF-X Public by Moody's

The New York State Workers' Compensation Board is soliciting bids to renew its software license for Moody's Analytics Self Insurance Financial Rating EDF-X Public, requiring five licenses for a one-year term running September 25, 2026 through September 24, 2027, with bids due August 7, 2026.

The WCB notes that Moody's may not use resellers, which could substantially limit bidding participation. No MWBE, SDVOB, or DBE contracting goals apply to this procurement. The incumbent provider is Moody's Analytics Inc, located at 7 World Trade Center, New York.

Bids must be submitted to WCBContracts@wcb.ny.gov by end of business on August 7. Upon award, the successful contractor must complete the required Lobby Law form under New York State Finance Law 139-j and 139-k and either sign the first page of Appendix A (Standard Clauses for New York State Contracts, June 2023) or submit written agreement to those terms. Three certifications are required: affirmation of compliance with procurement lobbying restrictions; certification that all bid information is complete and accurate; and disclosure of any prior non-responsibility findings within the past four years.

The contract terms are governed by New York State law. Contractors must comply with data security and breach notification requirements, workers' compensation coverage obligations, non-discrimination provisions, and restrictions on tropical hardwood purchases and international boycotts. The State retains set-off rights for any debts owed to it, and disputes must be resolved through New York State courts rather than arbitration.