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  5. ›Homeowners and Flood Insurance Tracking & Payment Service…

Rhode Island Housing and Mortgage Finance Corporation·Rhode Island

Homeowners and Flood Insurance Tracking & Payment Service Provider

Closes 7/10/2026$500k – $1.5MRequest for Proposal
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Description

The Rhode Island Housing and Mortgage Finance Corporation is seeking a qualified provider to deliver a comprehensive Homeowner Flood Insurance Tracking and Payment Service. The contractor will be responsible for maintaining accurate insurance policy records, processing and disbursing payments to homeowners, ensuring compliance with state and federal regulations, and providing ongoing customer support and reporting. This effort supports the state’s flood insurance program by improving data integrity, payment timeliness, and homeowner communication. • Develop and maintain a secure, centralized system for tracking homeowner flood insurance policies. • Process, verify, and disburse payments related to flood insurance claims in accordance with program guidelines. • Provide regular compliance reporting and data analytics to the agency. • Offer a dedicated help‑desk and outreach services to assist homeowners throughout the insurance lifecycle. • Ensure system interoperability with existing state databases and external insurance carriers.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Tony Impagliazzo

(401) 457‑1289

Key dates

Opened
7/10/2026
Closes
7/10/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
Homeowner Flood Insurance Tracking Payment Service

Budget estimate

$500,000 – $1,500,000

No explicit contract value is provided. Based on typical state‑level insurance administration contracts of comparable scope, the award is likely to fall in the mid‑six‑figure to low‑seven‑figure range (approximately $500,000 to $1,500,000). The lower end reflects a modest, primarily administrative effort, while the higher end assumes a fully integrated technology platform and extensive support services.

AI estimate from the solicitation

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