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Oregon Department of Consumer and Business Services·Oregon

Request for Quote - Kaiser Foundation Group Financial Examination

Closes 5/27/2025$500k – $2M
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Description

The State of Oregon, Department of Consumer and Business Services, is seeking a quote for financial examination services for the Kaiser Foundation Group. The selected vendor will assist in the financial examination of the Kaiser Foundation Group, including Kaiser Foundation Health Plan of the Northwest, Kaiser Permanente Insurance Company, and other affiliated insurers. The vendor will provide one subgroup Examiner-In-Charge and at least three examiners, including one with expertise in information technology. The initial term of the contract is anticipated to be one year with options to extend. • The vendor must have at least five years of experience in conducting financial regulation examinations. • The vendor's assigned examiners must not have any conflict of interest or performed services for the indicated company within the last three years. • The vendor's assigned examiners must have the required certifications, such as Certified Financial Examiner (CFE) or Accredited Financial Examiner (AFE). • The vendor must have a working knowledge and understanding of Oregon statutory accounting principles, procedures, promulgations, and recommendations of the National Association of Insurance Commissioners (NAIC).

Attached files

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

Contact

Franie Wilkins(Procurement and Contract Specialist)

[email protected]

(971) 375-7759

Key dates

Opened
5/14/2025
Questions due
5/20/2025
Closes
5/27/2025
Duration
1 year

Last updated

Details

Industry
Insurance
NAICS
524298
Solicitation №
S-44000-00013588

Budget estimate

$500,000 – $2,000,000

Given the complexity of the financial examination services required and the need for experienced examiners, the budget for this contract is likely to be substantial. However, without specific details on the scope of work, the number of examiners required, or the duration of the contract, it is challenging to provide an accurate estimate. A rough estimate for a one-year contract with a team of experienced examiners could be in the range of $500,000 to $2,000,000, depending on the specifics of the services required and the vendor's pricing. Factors that may influence the likely payment range include the vendor's experience, the complexity of the examination, and the level of expertise required.

AI estimate from the solicitation

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