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Department of Commerce and Insurance·Missouri

Insurance Company Reviews and Consulting Services

Closes 10/16/2025$200k – $500kRequest for Proposal
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Description

The State of Missouri, Department of Commerce and Insurance, is seeking a contractor to provide specialized insurance company reviews and consulting services. The services include accounting, auditing, financial examination, investments, reinsurance, actuarial review, information technology, and market conduct examination. The contractor will provide services on an as-needed basis, and the state agency does not guarantee any usage of the contract. The contractor must meet minimum experience requirements, including being certified and holding a valid Missouri license, having at least three years of experience performing specialized insurance company reviews, and having a minimum of three years of experience providing consulting services. The contractor must also provide a team with the required qualifications and experience. • Minimum experience requirements for the contractor and team members • Services to be provided, including accounting, auditing, and financial examination • Requirements for the contractor's team, including leadership and project team members • Implementation plan, including timelines and milestones • State agency liaison and contractor representative • Project identification and approval requirements • Letter of engagement submission and acceptance requirements

Attached files

Contact

Mertrell Nickens(Buyer)

[email protected]

(573) 751-7656

Key dates

Opened
9/24/2025
Questions due
10/6/2025
Closes
10/16/2025
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524114
Solicitation №
STATE 0000000125SL

Budget estimate

$200,000 – $500,000

The budget for this contract is estimated to be between $200,000 and $500,000 per year, based on the scope of work and the minimum experience requirements for the contractor. The state agency does not guarantee any usage of the contract, so the actual budget may be lower. The contractor will be paid on an hourly basis, with a guaranteed not-to-exceed total price for each project. The state agency will evaluate each completed letter of engagement and determine which contractor will be awarded the project.

AI estimate from the solicitation

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