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Department of Commerce and Insurance·Missouri

Insurance Company Reviews and Consulting Services

Closes 10/24/2025$200k – $500kRequest for Proposal
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Description

The State of Missouri's Department of Commerce and Insurance is seeking consulting services for insurance company reviews in areas such as accounting, auditing, financial examination, investments, reinsurance, actuarial review, information technology, and market conduct examination. The selected vendor will provide external specialists to perform services or evaluate insurance company financial transactions or market conduct activity. The contract period will be from the date of award through one year. Vendors must complete and return various exhibits, including a proposal signature page, pricing page, and technical proposal. The vendor must also certify their current status regarding anti-discrimination against Israel. • Minimum experience qualifications are specified in the RFP. • Vendors must be registered in MissouriBUYS, powered by MOVERS, and achieve "Approved" registration status to be considered for a contract award. • The vendor must comply with various business compliance exhibits, including anti-discrimination against Israel and employee/conflict of interest. • The contract will be used to accomplish the goal of utilizing external specialists to perform services or evaluate insurance company financial transactions or market conduct activity. • The services may or may not be performed in conjunction with a financial or market conduct examination of an insurer.

Attached files

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

Contact

Mertrell Nickens(Buyer)

[email protected]

(573) 751-7656

Key dates

Opened
9/24/2025
Closes
10/24/2025
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
5241
Solicitation №
STATE 0000000125SL,5

Budget estimate

$200,000 – $500,000

The budget amount for this contract is not explicitly stated in the document. However, considering the scope of work, which includes consulting services for insurance company reviews in various areas, a rough estimate could be in the range of $200,000 to $500,000 per year. This estimate is based on the assumption that the consulting services will require a team of experts with varying levels of experience and that the contract will be awarded for a period of one year. Factors that may influence the likely payment range include the number of insurance companies to be reviewed, the complexity of the reviews, and the level of expertise required.

AI estimate from the solicitation

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