MARKET CONDUCT EXAMINATION SERVICES

The Division of Insurance is seeking market conduct examination services. The selected vendor will provide examination services to the Division. The scope of work includes conducting market conduct examinations, which may involve reviewing insurance company operations, policies, and procedures. The vendor will be required to provide a cost proposal, which should include a breakdown of the estimated costs for the services. The Division will evaluate the proposals based on factors such as the vendor's experience, qualifications, and cost. • The vendor must provide a cost breakdown of the total estimated budget. • The vendor must identify each individual's time contribution to the project. • The vendor must include all other costs not included in the cost breakdown. • The Division will not compensate for costs not specifically identified in the Bidder's Response and accepted by the Division.