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  5. ›RFP Insurance Producer Exam., Licensing, Pharm. Registration

Colorado Department of Regulatory Agencies – Division of Insurance·Colorado

RFP Insurance Producer Exam., Licensing, Pharm. Registration

Closes 8/11/2025$2.5M – $10MRequest for Proposal
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Description

The State of Colorado is seeking a vendor to provide insurance producer examination and licensing services, as well as pharmacy benefit manager registrations. The selected vendor will be responsible for administering examinations, processing license applications, and providing customer support. The vendor will also be required to maintain interfaces with external databases and provide ad hoc reporting. The contract is expected to begin on November 1, 2025, and end on October 31, 2026, with the option to renew for up to four additional one-year periods. Key aspects of the job include: • Administration of examinations for producer licenses • Test development and validity • Test reservations and administration • Continuing education and pre-licensing education • Application processing and licensing • Customer support and call center services • Data collection and reporting • Interface with external databases • Compliance with state laws and regulations

Attached files

Contact

Kristine Contreraz(Procurement Point of Contact)

[email protected]

(303) 894-7765

Key dates

Opened
7/28/2025
Closes
8/11/2025
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
RFP-SFAA-2025000323-4

Budget estimate

$2,500,000 – $10,000,000

The budget for this contract is not explicitly stated, but based on the scope of work and the fact that it is a state-level contract, it is likely to be a significant amount. A rough estimate could be in the range of $500,000 to $2 million per year, considering the various services required, such as examination administration, licensing, and customer support. The total budget for the five-year contract period could be around $2.5 million to $10 million.

AI estimate from the solicitation

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