Auto Insurance Symbol Grouping Data Update

SPECIAL NOTICE: SOURCES SOUGHT & REQUEST FOR INFORMATION (RFI). THIS IS NOT A REQUEST FOR PROPOSALS. This notice does not represent a commitment by the Government to issue a solicitation or award a contract. The Government is not obligated to and will not pay for information received as a result of this announcement. No reimbursement will be made for any costs associated with providing information in response to this announcement and any follow-up information requests to include an invite to further explain/demonstrate aspects of their proposed approach. Requests for a solicitation will not receive a response. Information provided in response to this RFI is submitted voluntarily and is not being requested as part of a solicitation for actual pricing.

To continue producing accurate output-based price indexes for automobile and motor vehicle insurance, the Producer Price Index (PPI) must purchase access to symbol group data used by auto insurance companies. This data is not available from public sector sources. This data is required to calculate mission critical producer price index.

The BLS/OPLC supplements the auto and motor vehicle indexes with symbol group data to calculate the dollar value associated with the change in risk as autos move from one symbol group to another, which is the information required for quality adjustment. Without this data, the PPI cannot accurately reflect price change for the Automobile Insurance and Motor Vehicle Insurance indexes, respectively.