FY26-Expert-Board-Reviews-01

FCIC is attempting to determine the availability of sources within the private sector to conduct these actuarial and underwriting activities required by the Federal Crop Insurance Act.

For companies interested in this Sources Sought notice, please ensure responses provide the requested information outlined below.

The following is requested from interested sources.

The Contractor Response must include the following Basic and Contractor Capability Information:

Basic Required Information:

1. 1. The Sources Sought number;
   2. Contractor company name, address, telephone number, CAGE Code, NAICS, and SAM UEI number;
   3. Confirmation that vendor is active in SAM and/or is actively taking steps to be active in SAM;
   4. Company point of contact name, email address, and telephone number;
   5. Identification of size, large or small, and if small identify the socioeconomic category (ie. small business, veteran-owned small business, service-disabled veteran-owned small business, Historically Underutilized Business Zone (HUBZone) small business, small disadvantaged business, and women-owned small business concern).
   6. Within your response, provide a statement describing how you specifically qualify as an actuary, an underwriter, or both. State all the specific items under which you qualify. Please refer to the definitions and qualification requirements of actuary and underwriter below.

Actuary - A person having technical competence relating to the current financial implications of future contingent events, especially as this affects the establishment of premium rates for insurance, as evidenced by: 1) membership, as either a fellow or associate, in the Casualty Actuarial Society; 2) at least 10 years of professional level work experience as an actuary setting rates for crop insurance or related lines such as hail, livestock, or farm insurance; or 3) at least 15 years of professional level insurance premium rate setting experience in, or equivalent to, the GS-1510 (Actuary) job series.

Underwriter - A person having technical competence and experience with the design of insurance policies, the classification and acceptance or rejection of risks, or the class of asset or activity (e.g. - the production risks or economics of specific crops) proposed to be insured, and who applies such knowledge to assure the proper functioning of insurance programs, as evidenced by: 1) at least 10 years of professional level work experience as a crop insurance underwriter; 2) at least 15 years of professional level work experience as a property and casualty underwriter in fields related to crop insurance, such as hail, livestock, or farm insurance; 3) at least 15 years of experience as an agricultural risk management consultant; 4) a Ph.D. in agricultural economics with at least 5 years of post-doctoral work in crop insurance or agricultural risk management; or 5) a Ph.D. with at least 5 years of post-doctoral work in a field of agriculture, risk management, etc., directly related to the agricultural commodity or activity proposed to be insured.

In Accordance with 7 USC CHAPTER 36, SUBCHAPTER I: FEDERAL CROP INSURANCE

§1506. General powers, The FCIC Board will determine the need to add sources to the general pool of Blanket Purchase Agreements as necessary to fulfil statutory requirements.

Any questions in relation to this notice must be submitted in writing to [email protected] and [email protected].

SOURCES SOUGHT RESPONSES: Submit written responses to this notice to Contract Specialist Paige Appelt at [email protected], Scott Crist at [email protected], and Contracting Officer Ryan Lorimer at [email protected] no later than September 30, 2026 at 6:00pm EST.

NOTE

This sources sought is issued to identify possible expert reviewers to be added to the RMA’s contractor pool.  There is no specific work or requirement at this time.

All information received in response to this Sources Sought marked “Proprietary” will be protected and handled accordingly. Interested parties are responsible for adequately marking proprietary or competition sensitive information contained in their response.

Responses to the Sources Sought will not be returned. Responders are solely responsible for all expenses associated with responding to this Sources Sought. USDA will not pay for information received in response to this Sources Sought. There is no commitment by the Government to issue an RFQ, make award or awards, or to be responsible for any funds expended by industry responses to this Sources Sought.