State of Hawaii - Professional Actuarial Consulting Services To Review Updated Hurricane and Earthquake Catastrophe Models - 2026
State of HawaiiState Government · 96813, HI- Due
- Dec 1, 2026
- 19 days left
- Primary contact
- Mio Shimamura
- (808) 587-7581
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Summary
Professional actuarial consulting services to review updated hurricane and earthquake catastrophe models used in evaluating property insurance rates for the State of Hawaii, Department of Commerce & Consumer Affairs.
Services include assisting with streamlining the Department's market basket for consistency with hurricane and earthquake model input requirements, providing a formal report on accuracy and reliability of proposed models, assessing risk exposure contemplation for each rated area, and analyzing building code and construction diversity impacts. Vendors will provide recommendations of acceptable models for use in property insurance ratemaking, underwriting/risk selection, reinsurance, and financial/capital adequacy analysis. Submission deadline is December 1, 2026.
- Submit to
- King Kalakaua Building, 335 Merchant Street, Room 343, Honolulu, HI, 96813
- Scope location
- Honolulu, HI
Questions about this RFP
How do I respond to this RFP from State of Hawaii?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is December 1, 2026. Submissions should be delivered to: King Kalakaua Building, 335 Merchant Street, Room 343, Honolulu, HI, 96813. For questions, contact Mio Shimamura.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including State of Hawaii in HI, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the RFP submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
Can I ask questions about this solicitation before submitting?
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Mio Shimamura at (808) 587-7581. Questions and answers are typically shared with all prospective bidders.
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Where can I find more RFPs from State of Hawaii?
All active and historical solicitations from State of Hawaii are tracked and searchable. As a state government agency, State of Hawaii regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
Is this solicitation still open for submissions?
Based on the posted deadline of December 1, 2026, this solicitation appears to still be accepting submissions. Deadlines may change through amendments or addenda, so always verify the current status directly with the issuing agency before preparing your response.
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, past performance references, and any forms specified in the solicitation. Review the full document from State of Hawaii for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Honolulu, HI. Review the full solicitation for detailed scope requirements.