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Commonwealth of Kentucky, Public Protection Cabinet, Department of Insurance·Kentucky

Financial Corporate Structure Specialist

Closes 4/8/2026$200k – $600kRequest for Proposal
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Description

The Commonwealth of Kentucky, Public Protection Cabinet, Department of Insurance is seeking a Financial Corporate Structure Specialist to perform services related to financial examinations and analysis of insurers. The specialist will help the department understand the corporate structure of a domestic insurer and identify potential risks. The contract term is expected to be from July 1, 2026, to June 30, 2027, with the possibility of renewal for up to one additional year. The proposal should include a detailed response to the technical requirements, a transmittal letter, and a signed and notarized affidavit. The evaluation criteria include previous experience with the agency, technical expertise, and qualifications. The hourly rate for the specialist is $230.00, and the contract is subject to various rules and regulations. Some key points to consider for this opportunity include: • The contract term and potential renewal • The evaluation criteria and required documents for the proposal • The hourly rate and payment terms • The rules and regulations governing the contract, including those related to insurance, taxes, and employment laws • The requirement for the specialist to perform services related to financial examinations and analysis of insurers • The need for the specialist to have experience with corporate structures and holding companies, as well as expertise in utilizing software programs and databases • The potential for the specialist to testify in formal proceedings and travel to the Commonwealth as necessary.

Attached files

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

Contact

Beth Lynn(Procurement Officer or Buyer)

[email protected]

(502) 564-6154

Key dates

Opened
3/24/2026
Questions due
3/17/2026
Closes
4/8/2026
Duration
12 months

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524100
Solicitation №
RFP-676-2600000296-2

Budget estimate

$200,000 – $600,000

Based on the hourly rate of $230.00 and assuming a standard full-time schedule of 40 hours per week and 52 weeks per year, the estimated annual budget for this opportunity could be around $479,200. However, this is just a rough estimate, as the actual budget will depend on the number of hours worked and the specific services performed. Factors that may influence the likely payment range include the complexity of the financial examinations, the level of expertise required, and the duration of the contract.

AI estimate from the solicitation

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