Description
The Office of the Superintendent of Insurance is seeking a proprietary software license for wildfire risk modeling. The selected vendor will provide a tool that can identify fire risk at a macro level, identify wildfire risk by geographic area, and assess improvement measures within construction features to determine the effect on fire risk. The tool will also provide a feature to determine the effectiveness of mitigation efforts. The contract term is one year, and the estimated contract amount is $1,157,600. The vendor will provide mapping of certain addresses and areas, allowing the agency to obtain mitigation reports on specific properties while excluding personal identifiable information. Some key features of the tool include the ability to update information every 3-4 months, multiple overlay components, and the production of a Z-score that shows the current fire risk to each individual location. The key responsibilities of the vendor include providing a tool that meets the agency's requirements, updating the tool regularly, and providing support for mitigation scenario planning and dispute processes.