SOURCES SOUGHT
R -- Terrorism Risk Insurance Program
- Notice Date
- 10/6/2003
- Notice Type
- Sources Sought
- Contracting Office
- Department of the Treasury, Departmental Offices/Procurement Services Division (DO/PSD), Procurement Services Division (PSD), 1310 G Street, N.W., Suite 400 East, Washington, DC, 20220
- ZIP Code
- 20220
- Solicitation Number
- Reference-Number-MAK-001
- Response Due
- 10/24/2003
- Archive Date
- 11/7/2003
- Point of Contact
- John Palmieri, Contracts Branch Chief, Phone 202-622-7814, Fax 202-622-2343,
- E-Mail Address
-
john.palmieri@do.treas.gov
- Description
- The Department of the Treasury (Treasury) is issuing a Request for Comments (RFC) to solicit industry suggestions and best practices for the management and payment of insurer claims for reimbursement as part of its implementation of Title I of the Terrorism Risk Insurance Act of 2002 (the Act). Section 104 (a) of the Act provides that, ?[T]he Secretary may employ persons or contract for services as may be necessary to implement the Program.? The Act establishes a temporary Terrorism Risk Insurance Program (Program) under which the Federal Government will share the risk of insured loss from certified acts of terrorism with commercial property and casualty insurers until the Program sunsets on December 31, 2005. However, Section 108(b) of the Act provides the authority to pay or adjust compensation for insured losses after termination of the Act. Interested parties may request the RFC from the Contracting Officer, John A. Palmieri, through email requests at john.palmieri@do.treas.gov. Responses in the form of questions for clarification, suggestions based upon the questions raised by Treasury in the RFC, and interest in meetings with Treasury to discuss industry best practices should be submitted to the Contracting Officer by email at john.palmieri@do.treas.gov by October 24, 2003. Treasury will use the commentary and suggestions to determine if vendor meetings are in order and to solidify the Statement of Work that will be used for the Request for Proposals (RFP) that will solicit offers for proposals from the vendor community. The RFC package will include a draft version of the proposed statement of work, a list of questions soliciting vendor input and suggestions, and a copy of the Terrorism Risk Insurance Act of 2002. This Request for Comments is not a request for proposals and the Department of Treasury is not liable for any costs incurred as a result of vendor responses to the RFC.
- Place of Performance
- Address: Continental United States
- Record
- SN00448385-W 20031008/031006213240 (fbodaily.com)
- Source
-
FedBizOpps.gov Link to This Notice
(may not be valid after Archive Date)
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