FEMA Conducting National Flood Insurance Program Market Research

WASHINGTON, DC--(Marketwired - January 18, 2017) - The Department of Homeland Security (DHS) Federal Emergency Management Agency (FEMA) released on Saturday, January 14 a sources sought notice for contractors interested in and capable of providing information to help its fine tune its National Flood Insurance Program (NFIP) within the Federal Insurance & Mitigation Administration (FIMA).

FEMA is interested in understanding potential contractor capabilities in the following areas:

• Assessing the current state of catastrophic risk rating and classification programs
• Designing alternate risk rating models
• Testing alternate risk rating models
• Implementing alternate models.

Interested and capable contractors are encouraged to respond with the following information:

• Company Information (e.g., name, business address, point of contact, telephone number, e-mail address)
• DUNS Number and/or CAGE Code
• Summary of projects showing capabilities, past performance in the applicable areas, and relevant projects, including names of reinsurers and brokers
• Business size status (e.g., HUBZone small business concern, service-disabled veteran-owned small business firm, 8(a) contractor, woman-owned small business, small business, or large business firm), and business size in relation to the NAICS code size standards assigned to this acquisition.
• Suggestions on how FEMA can best divide program objectives to achieve maximum value
• Experience with catastrophic risk classification and risk rating (including experience with catastrophic flood and any experience with developing approaches for new and existing programs); evaluating catastrophic risk rating approaches; designing catastrophic risk rating approaches; and implementing catastrophic risk rating approaches
• Components of a successful risk classification and rating approach
• Major challenges in developing a successful risk classification and rating approach
• Previous experience helping governmental and quasi-governmental insurers develop a risk classification and rating approach
• Probabilistic models, data sources, and/or other tools used in your catastrophic risk rating approach
• Familiarity with the NFIP's current risk rating structure
• Geographical areas of operation.
• Experience using cost accounting standards and the contractor's approved cost accounting system (if applicable)

All responses also must include the contractor's capability statement.

The purchase will be within the North American Industry Classification System (NAICS) code, 541990, All Other Professional, Scientific and Technical Services. The small business size standard for this NAICS Code is $15 million.

FEMA encourages all interested and capable contractors to e-mail Marianne McCallum at Marianne.McCallum@fema.dhs.gov and Freda McDonald at Freda.McDonald@fema.dhs.gov by no later than 4:30 p.m. EST on January 24, 2017. Contractors must include Response to Sources Sought Notice HSFE60-17-I-0003 - Risk Rating and Classification Capabilities as the subject line of their e-mail.

To receive the contract contractors must be registered with the System for Award Management (SAM) database, and have as part of the Registration all current Representations and Certifications.

US Federal Contractor Registration, the world's largest third-party government registration firm, completes the required Registrations on behalf of its clients. It also makes available information about opportunities like this, as well as training on how to locate, research, and respond to opportunities.

For more information, to get started with a SAM registration, or to learn more about how US Federal Contractor Registration can help your business succeed, call 877-252-2700, ext. 1.

We also make available for our clients and for contracting officers our proprietary Advanced Federal Procurement Data Search (AFPDS). Our Advanced Federal Procurement Data Search (AFPDS) gives you in one place instant bid notifications, bid proposal prospecting, and information about government procurement officers. We make this search tool available to clients, as part of our commitment to helping each and every USFCR client succeed and thrive as a government contractor.

For contracting officers, the AFPDS gives them in one place access to a database of available contractors and also a place to post information about opportunities. Contracting officers get free access to AFPDS. We also provide interested contracting officers a list of contractors who may be able to provide a service and/or product that they need.

To learn more about our AFPDS, call 877-252-2700, ext. 1.