National Flood Insurance Program Financial Management Services

FEMA is responsible for both maintaining accurate financial records of the NFIP and reporting relevant financial information to DHS. FEMA requires a Contractor to provide financial management support including financial subject matter expertise (i.e., accountants) financial controls and risk management, accounting and auditing responsibilities, and data analysis of the NFIP funding and operational activities. The Contractor shall produce financial statements and reports based on policy, claim, and financial transaction information from the Write Your Own (WYO) insurance companies, the Standards Operations and NFIP Direct Contractors. The Contractor shall also engage in support activities that include analyzing, reconciling, collecting, monitoring, disseminating, maintaining, and updating information on the NFIP s finances. The Contractor shall provide support for all financial audits.