FY25-Expert-Board-Reviews-01
ID: FY25-Expert-Board-Reviews-01Type: Sources Sought
Overview

Buyer

AGRICULTURE, DEPARTMENT OFFARM PRODUCTION AND CONSERVATION BUSINESS CENTERFPAC BUS CNTR-ACQ DIVWASHINGTON, DC, 20250, USA

NAICS

Other Scientific and Technical Consulting Services (541690)

PSC

SOCIAL- GOVERNMENT INSURANCE PROGRAMS: OTHER (G008)
Timeline
  1. 1
    Posted Oct 10, 2024, 12:00 AM UTC
  2. 2
    Updated Oct 10, 2024, 12:00 AM UTC
  3. 3
    Due Sep 30, 2025, 10:00 PM UTC
Description

The Department of Agriculture, specifically the Risk Management Agency (RMA), is seeking qualified entities to participate in Blanket Purchase Agreements (BPAs) for actuarial and underwriting expertise related to federal crop insurance policies. The objective is to identify sources capable of conducting independent reviews of insurance policies, as mandated by the Federal Crop Insurance Act, ensuring compliance with statutory requirements for oversight and risk management in agricultural contexts. This initiative is crucial for maintaining the integrity and effectiveness of crop insurance programs, which play a vital role in supporting farmers and managing agricultural risks. Interested parties must submit their qualifications and relevant information by September 30, 2025, to the primary contacts Eugene Jackson and Brantt Lindsey via their provided email addresses.

Point(s) of Contact
Files
Title
Posted
Oct 10, 2024, 7:18 PM UTC
The document is a Sources Sought Notice issued by the Risk Management Agency (RMA) of the USDA, intended to identify potential sources for inclusion in Blanket Purchase Agreements concerning actuarial and underwriting expertise for federal crop insurance policies. Respondents are required to provide detailed information about their qualifications, including their experience as actuaries or underwriters in agricultural contexts. The notice highlights statutory requirements following the Federal Crop Insurance Act, emphasizing the necessity for independent reviews of insurance policies by knowledgeable individuals. Key information requested from interested companies includes company details, active status in the System for Award Management (SAM), identification of business size and socioeconomic category, and a comprehensive statement of qualifications related to actuary and underwriting roles. The notice clarifies that responses are a means for the FCIC Board to assess and possibly expand its resource pool, while also setting the groundwork for potential future contracts. Lastly, interested parties must submit their responses by the deadline of September 30, 2025.
Lifecycle
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Type
Sources Sought
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