Sources Sought Notice – NFIP -Risk Rating and Classification Capabilities

Notice Type: Sources Sought Notice

Posted Date: 14-JAN-17

Office Address: Department of Homeland Security; Federal Emergency Management Agency; Recovery Branch; 500 C Street SWPatriots Plaza -- 5th Floor Washington DC 20472

Subject: NFIP -Risk Rating and Classification Capabilities

Classification Code: 99 - Miscellaneous

Solicitation Number: HSFE60-17-I-0003

Contact: Marianne McCallum, Email marianne.mccallum@fema.dhs.gov - Freda McDonald, Email Freda.McDonald@fema.dhs.gov

Setaside: N/AN/A

Place of Performance Country: US

Description: Department of Homeland Security

Federal Emergency Management Agency

Recovery Branch

Department of Homeland Security (DHS) Federal Emergency Management Agency (FEMA) FEDERAL INSURANCE AND MITIGATION ADMINISTRATION (FIMA)

NATIONAL FLOOD INSURANCE PROGRAM (NFIP) Actuarial and Catastrophic Modeling Branch (A&CM)

HSFE60-17-I-0003 Risk Rating and Classification Capabilities

This RFI is issued for information and planning purposes only and does not constitute a solicitation. All information received in response to this RFI that is marked as proprietary will be handled accordingly. In accordance with FAR 15.201(e), responses to this notice are not offers and cannot be accepted by the Government to form a binding contract. Responders are solely responsible for all expenses associated with responding to this RFI.

PLEASE NOTE THAT THIS IS NOT A REQUEST FOR PROPOSAL, NO SOLICITATION EXISTS AT THIS TIME.

Responses should include your company's capability statement. Oral Communications ARE NOT acceptable in response to this notice. However, follow-up discussions / market research may be performed.

General Description

This purpose of this sources sought is for market research purposes for catastrophic risk rating and classification services in the field of flood insurance for the National Flood Insurance Program (NFIP) within the Federal Insurance & Mitigation Administration (FIMA) under Federal Emergency Management Agency (FEMA). The market research is for industry capabilities in the following areas; 1) assessment of the current state of catastrophic risk rating and classification programs, 2) design of alternate risk rating models, 3) testing of the alternate risk rating models, and 4) implementation of alternate models.

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 $15.0M.

Requested Information Responses should provide the following information:

1. Company Information (e.g. name, business address, point of contact, telephone number, e-mail address). Also include DUNS Number or CAGE Code;

2. Summarization of projects showing capabilities and past performance in the applicable areas and list relevant projects (list to include names of reinsurers and brokers.

3. Statement of current business size status (ie HUBZone small business concern, service-disabled veteran-owned small business firm, 8(a) contractor, woman-owned small business, small business, or large business firm). Also business size in relation to the NAICS code size standards assigned to this acquisition.

Suggestions on how the program objectives can best be divided to achieve maximum value and any suggestions for set-asides.

4. Responses are to discuss: a. Experience with catastrophic risk classification and risk rating. Highlight experience with catastrophic flood and any experience with developing approaches for both new and existing programs. i. Evaluating catastrophic risk rating approaches ii. Designing catastrophic risk rating approaches iii. Implementing catastrophic risk rating approaches b. Components of a successful risk classification and rating approach c. Major challenges in developing a successful risk classification and rating approach d. Previous experience helping governmental and quasi-governmental insurers develop a risk classification and rating approach e. Probabilistic models, data sources, and/or other tools used in your catastrophic risk rating approach f. Reactions to the phases structured in the Background and Requirements document (Attachment 1) g. Familiarity with the NFIP's current risk rating structure 5. Geographical areas of operation. 6. Information on your experience using cost accounting standards and if you have an approved cost accounting system.

Industry Day

The Government intends to conduct a virtual industry day via video conference to facilitate the completion of the market Research for the Risk Rating and Classification Capabilities

At this time, one-on-one telephone Q&A sessions are not planned but may be considered should the government deem them necessary to obtain sufficient level of knowledge required for the completion of the market research.

Industry Day shall be held on Thursday, January 19th from 9:30 a.m. to 10:00 a.m. Eastern Standard Time (EST) and can be accessed by:

1. Click the following link: https://vao.adobeconnect.com/femafimaaof1/ 2. Enter as a guest, supplying your company name is not mandatory 3. Select "listen only" when prompted

Responses Submission requirements: 1. Page limit - fifteen (15) 8 1/2 x 11 pages (front and back) 2. 1 inch margins (top, bottom, and sides) 3. Times New Roman font - 10 point 4. Page limitation does not include: 1 cover page or 1 letter of introduction 5. Do not include promotional materials

Any proprietary information should be clearly marked.

Only electronic submissions will be accepted and are only to Marianne McCallum, Marianne.McCallum@fema.dhs.gov and Freda McDonald at Freda.McDonald@fema.dhs.gov not later than 4:30 PM (EST) on 24 January 2017. The subject line of the email shall contain the following: Response to Sources Sought Notice HSFE60-17-I-0003 - Risk Rating and Classification Capabilities.

This Sources Sought is an advance notice for informational and acquisition strategy planning purposes only and is not a solicitation. In order to receive an award from any resultant solicitation, should one be issued, the successful offeror must be registered in the System for Award Management (SAM). The SAM website is https://www.sam.gov.

This Sources Sought synopsis notice should not be construed in any manner to be an obligation to issue a contract, or result in any claim for reimbursement of costs for any effort you expend in responding to this request. No solicitation is currently available. Any future solicitation package will be made available on the Federal Business Opportunities (FBO) website https://www.fbo.gov. Interested parties are solely responsible for monitoring the FBO website for the release of a solicitation package and/or any updates/amendments.

Link/URL: https://www.fbo.gov/spg/DHS/FEMA/OAMOPSDA/HSFE60-17-I-0003/listing.html