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Lender-Placed Insurance Services   2

ID: 12C0BA25R0001 • Type: Synopsis Solicitation • Match:  95%
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Description

The purpose of this requirement and is to provide Lender Placed Insurance on properties financed through U.S. Department of Agriculture (USDA), Rural Development's (RD) housing programs to mitigate risk to RD's portfolio of properties when the borrowers fail to provide adequate insurance themselves.

Background
The U.S. Department of Agriculture (USDA), Rural Development (RD) is seeking to provide Lender Placed Insurance on properties financed through its housing programs. The goal of this contract is to mitigate risk to RD's portfolio of properties when borrowers fail to provide adequate insurance themselves.

Work Details
The contractor will be responsible for providing Lender-Placed Insurance Services, which includes the following tasks:
- Assessing properties financed through USDA RD housing programs to determine the need for lender-placed insurance.
- Issuing insurance policies for properties where borrowers do not maintain adequate coverage.
- Managing claims and ensuring compliance with all applicable regulations and guidelines related to lender-placed insurance.
- Providing regular reports on the status of insured properties and any claims filed.
- Coordinating with USDA RD to ensure timely communication regarding insurance needs and policy updates.

Period of Performance
The total duration of this contract, including the exercise of any options under this clause, shall not exceed 66 months.

Place of Performance
The geographic location(s) for the performance of this contract are not explicitly provided in the solicitation.
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Overview

Agency
Rural Development (RD) [USDA - RHS - HQ]
Response Deadline
Oct. 15, 2025, 4:00 p.m. EDT Past Due
Posted
Sept. 17, 2025, 1:47 p.m. EDT (updated: Nov. 25, 2025, 3:53 p.m. EST)
Set Aside
None
NAICS
524210 - Insurance Agencies and Brokerages
PSC
G008 - Social- Government Insurance Programs: Other
Place of Performance
MO United States
Source
Open
Current SBA Size Standard
$15 Million
Pricing
Fixed Price
Est. Level of Competition
Low
Est. Value Range
Experimental
<$250,000 (solicitation indicates Simplified Acquisition Procedures, which in most cases, applies to contracts expected to be less than $250K in value)
On 9/17/25 Rural Development issued Synopsis Solicitation 12C0BA25R0001 for Lender-Placed Insurance Services due 10/15/25. The opportunity was issued full & open with NAICS 524210 and PSC G008.
Primary Contact
Name
Sora Jung   Profile
Email
sora.jung@usda.gov
Phone
None

Documents

Posted documents for Synopsis Solicitation 12C0BA25R0001

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Additional Details

Source Agency Hierarchy
AGRICULTURE, DEPARTMENT OF > RURAL HOUSING SERVICE > USDA RURAL DEVELOPMENT
FPDS Organization Code
12E3-1231ME
Source Organization Code
100184705
Last Updated
Nov. 25, 2025
Last Updated By
sora.jung@usda.gov
Archive Date
Nov. 25, 2025