Federal Emergency Management Agency Acquisition Operations Division; Flood, Fire, and Mitigation Branch; 500 C Street, SW, Room 350; Washington, DC 20472

B -- STUDY OF THE ECONOMIC EFFECTS OF CHARGING ACTUARILLY BASED PREMIUM RATES FOR PRE-FIRM STRUCTURES Sol. EMW-96-RP-0028. Due 122895. POC: William Roberson, Contract Specialist, (202) 646-3622/Patricia A. English, Contracting Officer, (202) 646-4257. Conduct a nationwide study of the effects of eliminating the Federal subsidy on flood insurance policies. Data gathering and preliminary analysis, as well as an evaluation of the economic effects of eliminating the subsidy. The study shall include a determination of each area that would be affected by elimination of the flood insurance subsidy, and within each area, a determination of the number and types of properties affected. The study shall also address the amount by which premium rates would be increased, as well as the number and types of properties covered by flood insurance likely to cancel the insurance if the subsidy was eliminated. In addition, the study shall also include the effects that eliminating the subsidy would have on land taxes and property taxes, as well as any other effects that eliminating the subsidy would have on the economy and homeowners. The study will be required to meet the requirements of Section 578 of the National Flood Insurance Reform Act of 1994. Additionally, information that FEMA can use to address the public policy aspects of eliminating the flood insurance subsidy, will be required as well. All responsible sources may receive a copy of the solicitation by sending a written request to the aforementioned address. (310)

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