Maryland Procurement Portal #BPM057939

Maryland Insurance Administration Solicits Financial Examination Assistance Services

The Maryland Insurance Administration, Financial Regulation Division, is seeking proposals for Financial Examination Assistance Services to support oversight of Maryland insurers. - Buyer: Maryland Insurance Administration, Financial Regulation Division - No specific OEMs or commercial vendors are named in the solicitation - Services requested: - Senior Manager Services (5 years) - Examiner-In-Charge Services (5 years) - Senior Examiner Services (5 years) - Staff Examiner Services (5 years) - Purpose: To ensure the financial solvency of Maryland insurers and compliance with NAIC and Maryland law - Notable requirements: - Compliance with Maryland living wage requirements - Execution of non-disclosure agreements and conflict of interest affidavits - Adherence to IT security policies - Proposals must be submitted via the eMaryland Marketplace Advantage (eMMA) system - Solicitation includes detailed contract terms, diversity requirements, and economic benefit factors

Description

This solicitation is for Financial Examination Assistance Services to support the Maryland Insurance Administration, Financial Regulation Division. The services are divided into four functional areas: Senior Manager Services, Examiner-In-Charge Services, Senior Examiner Services, and Staff Examiner Services. The project aims to ensure the financial solvency of Maryland insurers and compliance with NAIC and Maryland law. Proposals must be submitted through the eMaryland Marketplace Advantage (eMMA) e-Procurement system, with a pre-proposal conference scheduled for August 6, 2026, and questions due by August 10, 2026.

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