Services - Financial Analysis Services - MIA/FR-26-001

Agency: State Government of Maryland
State: Maryland
Type of Government: State & Local
NAICS Category:
  • 541611 - Administrative Management and General Management Consulting Services
Posted Date: Jun 3, 2026
Due Date: Jul 13, 2026
Solicitation No: BPM057296
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ID: BPM057296
Title: Services - Financial Analysis Services - MIA/FR-26-001
Status: Open
Due / Close Date: 7/13/2026
Publish Date: 6/3/2026 9:37:50 AM
Main Category: Financial and Insurance Services
Solicitation Type: RFP: Double Envelope Proposal
Issuing Agency: Maryland Insurance Administration

Solicitation Summary
Title
Services - Financial Analysis Services - MIA/FR-26-001
ID
BPM057296
Alternate ID
MIA/FR-26-001
Lot #
1
Round #
1
Status
Open
Due / Close Date (EST)
Jul 13 2026 3:00PM
Solicitation Type
RFP: Double Envelope Proposal
Main Category
Financial and Insurance Services
Issuing Agency
MIA - Purchasing
Procurement Officer / Buyer
Eunice KARIUKI
Email
eunice.kariuki1@maryland.gov
Solicitation Summary

The MIA is authorized by § 2-205 of the Insurance Article, Maryland Annotated Code, to conduct financial analysis's of insurance companies, health maintenance organizations, and managed care organizations at least once every year. There are approximately fifty two (52) such companies domiciled in the State of Maryland. The MIA Financial Regulation Unit is requesting submission of proposals to provide Financial Analysis Consulting Services in two Functional Areas for a five (5) year term. The  Selected Contractors shall provide staff as requested by the Financial Regulation Unit (FR) in each functional area listed below and shall ensure that the staff meet at least the minimum qualifications as listed in this RFP.
1. Financial Analyst
2. Senior Financial Analyst.

Additional Instructions
Project Cost Class
Pre-Bid Conference Information
Pre-Bid Conference Date (EST)
Pre-Bid Conference Details
Small Business Reserve Designation
No

Procurement Program Participation Goals

VSBE Participation (%)
MBE Participation (%)
20.00
African American MBE Participation (%)
0.0
Asian American MBE Participation (%)
3.0
Hispanic American MBE Participation (%)
2.0
Women-Owned MBE Participation (%)
10.0
DBE Participation (%)
SBE Participation (%)
Socio Economic Participation Criteria
Procurement Officer / Buyer
Eunice KARIUKI
Alternate Link
Attachments
Selected
Title Type Att. Last Modified on UTC-4 Creation Date UTC-4 Validity End Date
Attachment-U.-Contract-Affidavit (1) Attachments & Appendixes (Approved) 6/3/2026 8:56:37 AM 6/3/2026 8:56:37 AM
Attachment-S.-Non-Disclosure-Agreement-Contractor (1) Attachments & Appendixes (Approved) 6/3/2026 8:56:07 AM 6/3/2026 8:56:07 AM
Attachment-R.-Corporate-Diversity-Addendum (1) Attachments & Appendixes (Approved) 6/3/2026 8:55:33 AM 6/3/2026 8:55:33 AM
Attachment-N.-Legal-Action-Summary Attachments & Appendixes (Approved) 6/3/2026 8:54:57 AM 6/3/2026 8:54:57 AM
Attachment-M.-List-of-Current-or-Prior-State-Contracts Attachments & Appendixes (Approved) 6/3/2026 8:53:58 AM 6/3/2026 8:53:58 AM
Attachment-L.-Reference-Checks Attachments & Appendixes (Approved) 6/3/2026 8:53:27 AM 6/3/2026 8:53:27 AM
Attachment-K.-Location-of-the-Performance-of-Services-Disclosure (1) Attachments & Appendixes (Approved) 6/3/2026 8:52:53 AM 6/3/2026 8:52:53 AM
Attachment-J.-Mercury-Affidavit (1) Attachments & Appendixes (Approved) 6/3/2026 8:52:21 AM 6/3/2026 8:52:21 AM
Attachment-I.-Conflict-of-Interest-Affidavit (1) Attachments & Appendixes (Approved) 6/3/2026 8:51:42 AM 6/3/2026 8:51:42 AM
Attachment-G.-Maryland-Living-Wage-Requirements-Affidavit-of-Agreement (1) Attachments & Appendixes (Approved) 6/3/2026 8:51:10 AM 6/3/2026 8:51:10 AM
Attachment-F.-Bidder-Offeror-Information-Sheet Attachments & Appendixes (Approved) 6/3/2026 8:50:39 AM 6/3/2026 8:50:39 AM
AttachmentDMBE-Forms-1 Attachments & Appendixes (Approved) 6/3/2026 8:50:03 AM 6/3/2026 8:50:03 AM
Attachment-A.-Bid-Proposal-Affidavit Attachments & Appendixes (Approved) 6/3/2026 8:49:23 AM 6/3/2026 8:49:23 AM
Attachment-3.-Non-Disclosure-Agreement-Bidder_Offeror (1) Attachments & Appendixes (Approved) 6/3/2026 8:48:48 AM 6/3/2026 8:48:48 AM
Attachment-2.-Pre-Bid_-Pre-Proposal-Conference-Response-Form-v2 Attachments & Appendixes (Approved) 6/3/2026 8:48:11 AM 6/3/2026 8:48:11 AM
Attachment-1.-No-Bid_Proposal-Notice_Vendor-Feedback-Form-1-1 (5) Attachments & Appendixes (Approved) 6/3/2026 8:47:40 AM 6/3/2026 8:47:40 AM
Attachment B-1 Financial Proposal Instructions for Financial Analysis Attachments & Appendixes (Approved) 6/3/2026 8:46:53 AM 6/3/2026 8:46:53 AM
Appendix-6.-Living-Wage-Requirements. Attachments & Appendixes (Approved) 6/3/2026 8:45:22 AM 6/3/2026 8:45:22 AM
Appendix-4.-MBE-Participation-Goal (2) Attachments & Appendixes (Approved) 6/3/2026 8:43:40 AM 6/3/2026 8:43:40 AM
Appendix 8. Economic Benefit Factors Attachments & Appendixes (Approved) 6/3/2026 8:37:41 AM 6/3/2026 8:37:41 AM
Appendix 2. Price Form Instructions Attachments & Appendixes (Approved) 6/3/2026 8:36:55 AM 6/3/2026 8:36:55 AM
Appendix 1. Abbreviations and Definitions Attachments & Appendixes (Approved) 6/3/2026 8:36:18 AM 6/3/2026 8:36:18 AM
Exhibit-2-Sample-Contract -Financial Analysis Services.docx Attachments & Appendixes (Approved) 6/3/2026 8:35:23 AM 6/3/2026 8:35:23 AM
Professional Services Supplemental.docx 02 03 2026 Specification Document (Approved) 6/3/2026 8:32:19 AM 6/3/2026 8:32:19 AM
IT Supplemental for Financial Analysis Services.- 03.11.2026.docx Technical Documents (Approved) 6/3/2026 8:30:36 AM 6/3/2026 8:30:36 AM
RFP- Financial Analysis Services - Solicitation No. MIA-FR-26-001 - eMMA No. BPM057296 Specification Document (Approved) 6/3/2026 8:26:48 AM 6/3/2026 8:26:48 AM
26 Record(s)
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