North Carolina eVP #Doc2101516326

Professional Services for Receivership Administration – North Carolina Commissioner of Insurance

This opportunity is for professional services supporting the North Carolina Commissioner of Insurance in receivership administration: - Government Buyer: - North Carolina Commissioner of Insurance, acting as Receiver - Scope of Services: - Receivership Administration (e.g., Special Deputy Receiver, operations management, asset/inventory control) - Accounting, Auditing, and Tax (financial reporting, audits, tax returns, forensic accounting) - Information Technology (network/system support, cybersecurity, IT forensics) - Reinsurance (review, accounting, commutation analysis) - Actuarial (analysis, valuation, policy settlement evaluation) - Investment (portfolio management, business valuation) - Legal (litigation, asset recovery, contract negotiation) - Investment Banking (advice, litigation support) - Claims Administration and Policyholder Services (claim adjudication, policyholder support) - Products/Services Requested: - No specific OEMs or part numbers; all services are professional and as-needed - Vendors must provide hourly rates; legal services may include contingency fee proposals - Unique Requirements: - Services are requested on an as-needed basis with no guaranteed minimum or maximum - Nationwide competition is allowed - Compliance with Article 30 of Chapter 58 of NC General Statutes - Transition assistance may be required for up to six months after contract expiration - Location: - Services performed for the State of North Carolina; specific locations as determined by the Receiver

Description

This solicitation is a Request for Proposal (RFP) issued by the North Carolina Commissioner of Insurance, acting as the statutory receiver for entities undergoing delinquency proceedings under Article 30 of Chapter 58 of the North Carolina General Statutes. The procurement seeks administration services related to receivership. Vendors must be registered with the State of North Carolina's Electronic Vendor Portal to respond. The proposal opening date is May 18, 2026.

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