Sources Sought Notice – Renewal TRIP Claims Management
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Notice Type: Sources Sought Notice
Posted Date:
Office Address:
Subject: Renewal TRIP Claims Management
Classification Code: R - Professional, administrative, and management support services
Solicitation Number: TRIP-2
Contact:
Description:
National Office Procurement (OS:A:P)
In managing the Program authorized by TRIA, Treasury is guided by several goals. First, Treasury strives to implement the Act in a transparent and effective manner that treats comparably those insurers required to participate in the Program and provides necessary information to policyholders in a useful and efficient manner. Second, in accordance with the Act's stated purposes, Treasury seeks to rely as much as possible on the State insurance regulatory structure. In that regard, Treasury has coordinated the implementation of all aspects of the Program with the
TRIA, the Claims Procedures Rule, the Litigation Management Rule and related rules found in 31 C.F.R. Part 50 contain certain definitions, requirements, and procedures for insurers filing claims with Treasury for payment of the Federal share of compensation for insured losses under the TRIP. The Claims Procedures Rule, in particular, specifically addresses requirements for Federal payment, the submission of an initial notice of insured loss, loss certifications, the timing and process for payment, associated recordkeeping requirements, as well as Treasury's audit and investigation authority. These procedures apply to all insurers that wish to receive their payment of the Federal share of compensation for insured losses under TRIA.
On
The contractor under this IDIQ will provide services both prior to and following a certified act of terrorism including: 1) make ready for operation, a facility for the management and payment of TRIP claims; 2) provide periodic review and testing of the facility and other activities, including the information technology Certification and Accreditation process, needed to assure its security and readiness and compliance with The Federal Information Security Management Act (FISMA); 3) provide expert and analytical support to the Program in anticipation of, or in response to Program changes and may be awarded prior to or following an act of terrorism; 4) provide activation and operation of the facility and would be issued only after certification of an act of terrorism; 5) the transition or development and testing of a "statistical agent" analysis and reporting capability; 6) provide periodic review and testing of the statistical agent capability, typically expected to be performed in conjunction with task 2; 7) provide the actual statistical agent reporting and analysis following activation of the TRIP facility and the payment of claims; 8) the Recoupment process called for under the Program. Detailed descriptions of the tasks are attached to this Sources Sought notice.
As intended by this Sources Sought Notice, the Government is attempting to gather market research information from contractors regarding their capabilities to the requirements stated within this notice. Therefore, interested parties should provide their statement of capabilities inclusive of relevant experience and level of staff available to successfully ensure adherence to the requirements of the TRIA of 2002, as amended and operating efficiency and financial integrity of the TRIP.
Interested parties should provide requested information via e-mail to
THE SUBMISSION OF THIS INFORMATION IS INTENDED FOR PLANNING PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS A COMMITMENT BY THE GOVERNMENT TO PROCURE ANY SERVICES, NOR DOES THE IRS INTEND TO AWARD A CONTRACT ON THE BASIS OF THe SOURCES SOUGHT NOTICE OR OTHERWISE PAY FOR THE INFORMATION SOLICITED.
Link/URL: https://www.fbo.gov/spg/TREAS/IRS/NOPAP/TRIP-2/listing.html
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