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Kansas Department of Insurance·Kansas

Financial Condition Examination Services

Closes 11/24/2026$2M – $5MRequest for Proposal
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Description

The Kansas Department of Insurance is soliciting qualified vendors to provide comprehensive financial condition examination services for Kansas‑domiciled insurance entities. The work includes performing examinations, training Department staff, supplying specialist examination personnel, and conducting pre‑accreditation reviews to support NAIC accreditation. Contractors must demonstrate deep expertise in insurance examinations, possess certified examiners (CFE designations), and have prior experience with state insurance departments. • Provide financial condition examinations for life, property‑casualty, health, and captive insurers. • Deliver risk‑focused training to Department staff on examination procedures. • Supply qualified examination staff (Chief Examiner, Assistant Chief Examiner, Supervisors, etc.) with required experience and CFE credentials. • Conduct pre‑accreditation review services for NAIC accreditation preparation. • Submit detailed cost proposals with blended hourly rates for each staff category over a 5‑year contract (2027‑2031). • Meet mandatory bidder registration, tax‑clearance, immigration, anti‑boycott, and telecom equipment certifications. • Potential requirement to appear before the Procurement Negotiation Committee. • All proposals due by 2:00 PM CST, 24 Nov 2026; questions due by 2 Nov 2026.

Attached files

Contact

Lily Lundy(Procurement Officer)

[email protected]

(785) 296-0714

Key dates

Opened
10/19/2026
Questions due
11/2/2026
Closes
11/24/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
EVT0010967

Budget estimate

$2,000,000 – $5,000,000

The contract spans five years (2027‑2031) with a blended hourly‑rate structure for multiple staff categories (Chief Examiner, senior examiners, specialists, etc.). Assuming an average blended rate of $150‑$250 per hour and an estimated 10,000 billable hours per year (typical for a state‑wide examination program), total annual spend would range from $1.5 M to $2.5 M. Over the full contract term, the expected budget therefore falls roughly between $7.5 M and $12.5 M. Considering travel reimbursements, fixed‑rate services, and potential variability in workload, a conservative estimate is $2 M – $5 M for the initial year, scaling upward in later years.

AI estimate from the solicitation

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