Oregon Buys #S-44000-00016831

Actuarial Services for Automobile Insurance Rating Analysis Sought by Oregon Department of Consumer and Business Services

This opportunity involves the Oregon Department of Consumer and Business Services, Division of Financial Regulation, seeking actuarial services for automobile insurance rating analysis. - Government Buyer: - Oregon Department of Consumer and Business Services, Division of Financial Regulation - Products/Services Requested: - Actuarial services for automobile insurance rating analysis - Development of a work plan for data collection and analysis - Comprehensive report including analysis of loss ratios and actuarial metrics - OEMs and Vendors: - No specific OEMs or vendors are named, as this is a professional services solicitation - Notable Requirements: - Contractor must submit a detailed work plan for data collection - Final deliverable is a comprehensive actuarial report - Submission of proposer information, references, price proposal, COBID certification, responsibility inquiry, and key personnel documentation is required - Electronic quotes are accepted - No pre-bid conference will be held

Description

This is a request for proposals (RFP) for Automobile Insurance Rating Actuarial Services. The agency is issuing this RFP to perform a study and provide a work plan on how the contractor intends to conduct the analysis. The agency will collect automobile data based on the contractor’s work plan. After data collection, the contractor will provide a report including an analysis of loss ratios, etc. The procurement method is a competitive sealed proposal and the discipline type is personal services.

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