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State Corporation Commission·Virginia

RFP SCC-26-030-BOI BOI Information & Payment Processing System

Closes 11/24/2026$2M – $5MRequest for Proposal
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Description

The State Corporation Commission of Virginia is seeking a cloud‑based, hosted solution to support its insurance regulatory, administrative, and payment processing functions. The contractor will be responsible for designing, implementing, and maintaining a secure, scalable platform that meets state compliance requirements and provides end‑to‑end processing of insurance payments and related data. This effort includes integration with existing state systems, ongoing support, and future enhancements as required. • Develop and host a cloud‑based system that handles insurance regulatory workflows and payment processing. • Ensure secure data handling, compliance with Virginia insurance statutes, and integration with existing state IT infrastructure. • Provide ongoing maintenance, support services, and periodic updates throughout the contract term.

Attached files

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

Contact

Amy Pierce(Buyer)

Key dates

Opened
10/30/2026
Closes
11/24/2026

Last updated

Details

Type
Request for Proposal
Industry
Information Technology and Software Development
NAICS
518210
Solicitation №
RFP-131003

Budget estimate

$2,000,000 – $5,000,000

Based on typical state‑wide cloud implementation contracts for regulatory and payment processing systems, the award is likely to fall in the low‑ to mid‑single‑digit millions. Factors include the need for a secure, compliant platform, integration with existing state systems, ongoing support, and potential multi‑year term. A reasonable estimate ranges from $2 million to $5 million.

AI estimate from the solicitation

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