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  5. ›12-001290 Receivership Administration Services

North Carolina Commissioner of Insurance·North Carolina

12-001290 Receivership Administration Services

Closes 6/1/2026$1.5M – $15MRequest for Proposal
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Description

The North Carolina Commissioner of Insurance is seeking proposals for Receivership Administration Services. The purpose of this RFP is to improve and assist in the administration of receiverships conducted pursuant to the provisions of Article 30 of Chapter 58 of the North Carolina General Statutes. Vendors may apply for any or all of the nine classes of service listed, including Receivership Administration, Accounting, Auditing and Tax, Information Technology, Reinsurance, Actuarial, Investment, Legal, Investment Banking, and Claims Administration and Policyholder Services. The contract term will be for three years, with the option to renew for up to three additional one-year terms. Some key points to consider: • The Receiver is seeking Vendors to provide professional services on an as-needed basis. • Vendors may apply for any or all of the nine classes of service listed. • The contract term will be for three years, with the option to renew for up to three additional one-year terms. • The Receiver reserves the right to waive any minor informality or technicality in proposals received. • Vendors must submit their proposals through the Sourcing Tool, and late bids will not be considered.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Marwan Zabaneh(Financial Research Manager)

[email protected]

(919) 807-6143

Key dates

Opened
3/30/2026
Questions due
4/10/2026
Closes
6/1/2026
Projected award
6/29/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524113
Solicitation №
Doc2101516326

Budget estimate

$1,500,000 – $15,000,000

The budget for this opportunity is difficult to estimate, as the RFP does not provide a specific budget or pricing information. However, considering the scope of work and the classes of services listed, it is likely that the contract value will be significant. As a rough estimate, the budget could range from $500,000 to $5 million per year, depending on the number of services contracted and the complexity of the work. The total contract value over the three-year term could be in the range of $1.5 million to $15 million. Factors that may influence the likely payment range include the number of vendors selected, the scope of work assigned to each vendor, and the level of competition among vendors.

AI estimate from the solicitation

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