Bid Solicitation: MDD8031042042
Header Information
Bid Number: MDD8031042042 Description: COTS Life Insurance Valuation Software Product Bid Opening Date: 01/07/2019 04:00:00 PM
Purchaser: Katrina Lawhorn Organization: Maryland Insurance Administration
Department: D80130 - OFFICE OF THE CHIEF ACTUARY Location: 80130 - OFFICE OF THE CHIEF ACTUARY
Fiscal Year: 19 Type Code: IT - Invitation to Bid (ITB) Allow Electronic Quote: No
Alternate Id:   Required Date: Available Date :  11/29/2018 04:32:00 PM
Info Contact: Katrina Lawhorn, Procurement Officer, 410-468-2374 Bid Type: OPEN Informal Bid Flag: No
Purchase Method: Open Market
Pre Bid Conference: There will be no pre-bid conference held for this MS-IFB.
Bulletin Desc: The MIA is issuing this MS-IFB to obtain a Commercial Off-the-Shelf (COTS) Life Insurance Valuation Software product for regulatory valuation, modeling and financial projections of life insurance reserves. The Insurance Article requires the MIA to annually value the reserves utilizing the standard prescribed National Association of Insurance Commissioner's (NAIC) Valuation Manual ("Valuation Manual"). The Valuation Manual, incorporates the Principle Based Reserve (PBR) methodology.
Ship-to Address: Maryland Insurance Administration
200 St. Paul Place, Suite 2700
Baltimore , MD 21202
US
Email: procurement.mia@maryland.gov
Phone: (410)468-2379
Bill-to Address: Maryland Insurance Administration
200 St. Paul Place, Suite 2700
Baltimore , MD 21202
US
Email: procurement.mia@maryland.gov
Phone: (410)468-2379
Print Format:
File Attachments: MS-IFB Life Insurance Valuation Software
Attachment F Bid Price Sheet
Questions And Answers Received
Notice of Cancellation
Form Attachments:
Amendments:
Amendment # Amendment Date Amendment Note
1 12/17/2018 01:31:52 PM Questions and Answers received for MS-IFB Life Insurance Valuation Software. Attachment File Changes: Header 1. File 'Questions And Answers Received ': File 'Questions And Answers Received ' added . Questions and Answers received for MS-IFB Life Insurance Valuation Software Enrollment Date Changes:
2 01/24/2019 04:56:27 PM Thank you for your interest. This MS-IFB is cancelled. Please see attached letter. Thanks, Katrina Lawhorn Attachment File Changes: Header 1. File 'Notice of Cancellation': File 'Notice of Cancellation' added . Notice of Cancellation for MS-IFB Life Insurance Valuation Software Enrollment Date Changes:
Item Information
Item # 1:   ( 953  -  52 )   The MIA is issuing this MS-IFB to obtain a Commercial Off-the-Shelf (COTS) Life Insurance Valuation Software product for regulatory valuation, modeling and financial projections of life insurance reserves. The Insurance Article requires the MIA to annually value the reserves utilizing the standard prescribed National Association of Insurance Commissioner's (NAIC) Valuation Manual ("Valuation Manual"). The Valuation Manual, incorporates the Principle Based Reserve (PBR) methodology.
NIGP Code: 953-52
   Insurance and Insurance Services (Not otherwise classified)
Qty Unit Cost UOM Total Discount Amt. Tax Rate Tax Amount Total Cost
1.0   EA - Each        
Manufacturer: Brand: Model:
Make: Packaging:
 
Item # 2:   ( 918  -  69 )   The MIA is issuing this MS-IFB to obtain a Commercial Off-the-Shelf (COTS) Life Insurance Valuation Software product for regulatory valuation, modeling and financial projections of life insurance reserves. The Insurance Article requires the MIA to annually value the reserves utilizing the standard prescribed National Association of Insurance Commissioner's (NAIC) Valuation Manual ("Valuation Manual"). The Valuation Manual, incorporates the Principle Based Reserve (PBR) methodology.
NIGP Code: 918-69
   Insurance Consulting
Qty Unit Cost UOM Total Discount Amt. Tax Rate Tax Amount Total Cost
1.0   EA - Each        
Manufacturer: Brand: Model:
Make: Packaging: