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Florida Department of Financial Services (DFS)·Florida

EXAMINATION SERVICES

Closes 7/31/2026$500k – $2MInvitation for Bid
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Description

The Department of Financial Services, Office of Insurance Regulation, is seeking examination services to examine the affairs, transactions, accounts, records, and assets of authorized insurers, prepaid limited health service organizations, discount plan organizations, and health maintenance organizations. The contract will be for an initial term of one year, with possible renewals up to three years. The respondent must provide a fully completed Consultant Profile Questionnaire and a Price Response. The contract will include data security requirements, including compliance with the National Institute of Standards and Technology (NIST) Framework for Improving Critical Infrastructure Cybersecurity. Key aspects of the job include: • Examining the affairs, transactions, accounts, records, and assets of authorized insurers and other organizations • Providing examination services to the Office of Insurance Regulation • Complying with data security requirements, including NIST Framework and Florida Statutes • Cooperating with the State and third parties to ensure data security and confidentiality • Providing reasonable access to the Contractor's personnel, systems, and facilities to authorized entities

Attached files

Contact

Rebecca D. Hale(Procurement Officer)

[email protected]

(850) 413-2070

Key dates

Opened
5/7/2026
Questions due
5/14/2026
Closes
7/31/2026
Duration
1 year, with possible renewals up to 3 years

Last updated

Details

Type
Invitation for Bid
Industry
Insurance
NAICS
524100
Solicitation №
2526-02 ITB OIR

Budget estimate

$500,000 – $2,000,000

Based on the scope of work, which includes examination services for authorized insurers and other organizations, the budget for this contract could range from $500,000 to $2,000,000 per year, depending on the number of examinations and the complexity of the services required. The contract term is for one year, with possible renewals up to three years, which could increase the total budget to $6,000,000 over four years. Factors that may influence the likely payment range include the respondent's experience and qualifications, the level of competition, and the Office's budget for examination services.

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