Description
The Rhode Island Housing and Mortgage Finance Corporation is seeking proposals from qualified firms to assist in the development, refinement, and implementation of a comprehensive Business Continuity/Continuity of Operations (COOP) Plan. The plan should include planning, organizing, equipping, training, testing, and exercising, as well as integration of a failover New England-based continuity facility capable of supporting between 40 and 100 staff members in the event of a disruption to the RIHousing headquarters. The selected firm will be responsible for assessing the efficacy and efficiency of existing resources, analyzing best practices and strategies for compliance with regulatory requirements, and providing plan development, logistics planning, and support in refining and enhancing RIHousing's enterprise emergency preparedness.
Some key aspects of the project include:
• Conducting a Business Impact Analysis (BIA) and developing recovery strategies and documentation
• Identifying critical functions and recovery priorities
• Ensuring minimal disruption to essential functions and critical operations during emergencies
• Establishing and exercising a plan for a continuity facility solution
• Training RIHousing staff and conducting periodic drills to validate readiness