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Insurance Reserve Fund·South Carolina

Notice Of Intent To Sole Source Insurance Services

Closes 12/3/2025$1.3MSole Source
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Description

The Insurance Reserve Fund intends to enter into a sole source contract with Verisk (formerly the Insurance Service Office) for a database license, which includes access to commercial property, tort, and automobile liability insurance platforms. The license also includes access to published policy forms, building construction classifications, occupancy codes, and updates, as well as the Location database (Passport) for Public Protection Classes. The contract amount is $1,332,969. • The contract is for a database license and related services • The license includes access to various insurance platforms and databases • The contract amount is $1,332,969 • The sole source justification may be viewed or obtained from Tara Simmons • Protests must be filed in writing with the chief procurement officer within the specified timeframe

Attached files

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

Contact

Tara Simmons(Agency Procurement Manager)

[email protected]

(803) 737-5092

Key dates

Opened
11/19/2025
Closes
12/3/2025

Last updated

Details

Type
Sole Source
Industry
Insurance
NAICS
524113

Budget estimate

$1,332,969

The contract amount is specified as $1,332,969, which is likely the expected budget for the successful vendor. This amount may be influenced by the scope of work, the duration of the contract, and the level of service required. The budget may also be affected by any additional services or support required by the Insurance Reserve Fund.

AI estimate from the solicitation

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