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STATE OF NEW MEXICO OFFICE OF SUPERINTENDENT OF INSURANCE

New Mexico Office of Superintendent of Insurance, Santa Fe, NM·State
Reported: STATE OF NEW MEXICO OFFICE OF SUPERINTENDENT OF INSURANCE
Dorothy Mendonca

Summary

This document contains questions and answers related to a Request for Proposal (RFP) for Actuarial Services for the review of the Essential Health Benefits Benchmark plan. It clarifies requirements, evaluation criteria, and contract terms.

Evaluation Criteria

Organizational Experience, Experience supporting state evaluation and selection of benchmark plans, Experience supporting states in reviewing rates and forms for the certification of qualified health plans, Experience in providing actuarial services for state insurance regulators, Number of successful insurance Carrier market conduct examinations, % of business revenue derived from insurance Carrier market conduct examinations.

Section 4.2 — Scope of Services and Deliverables

The selected vendor shall provide all labor, materials, equipment, and supervision necessary to perform the services described herein. Work shall commence within fifteen (15) calendar days of the Notice to Proceed and shall be completed within the timeframe specified in the project schedule attached as Exhibit B.

Proposals must include a detailed implementation timeline, staffing plan with key personnel qualifications, and three (3) references from comparable government engagements completed within the past five years. Evaluation will be based on technical approach (40%), experience and qualifications (30%), cost proposal (20%), and small business participation plan (10%).

Source Document Available

The full solicitation document, attachments, and evaluation details are available on Civic IQ. Book a demo to get access.

Frequently Asked Questions

How do I respond to this RFP from New Mexico Office of Superintendent of Insurance?

To respond, review the full solicitation document for submission requirements, evaluation criteria, and deadlines. For questions, contact Dorothy Mendonca.

What are the evaluation criteria for this solicitation?

This solicitation includes specific evaluation criteria that will be used to score proposals. Key factors are outlined in the Evaluation Criteria section above. Vendors should carefully align their proposals with each criterion to maximize their score.

Where can I find more RFPs from New Mexico Office of Superintendent of Insurance?

Civic IQ tracks all active and historical solicitations from New Mexico Office of Superintendent of Insurance. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts — giving you a complete picture of the procurement landscape.

What documents are required to bid on this RFP?

Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications or licenses, past performance references, and any forms or attachments specified in the solicitation. Review the full document from New Mexico Office of Superintendent of Insurance for the complete list of required submissions.

Can small businesses or minority-owned firms bid on this RFP?

Most government agencies, including New Mexico Office of Superintendent of Insurance in NM, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Some solicitations include set-aside provisions or evaluation preferences for these firms. Check the full solicitation for any small business participation goals or requirements.

What happens after the RFP submission deadline?

After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This process typically includes an initial compliance check, technical evaluation, cost analysis, and may involve oral presentations or interviews with shortlisted vendors. The timeline from submission to award varies but usually takes several weeks to months.

Can I ask questions about this solicitation before submitting?

Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact for this solicitation is Dorothy Mendonca. Questions and answers are typically shared with all prospective bidders to ensure fairness. Check the solicitation for the question submission deadline and process.

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