FIRM FIXED PRICENO SET ASIDE USED.

PROCTOR FINANCIAL INC. - THIS CONTRACT PROVIDES FOR A ONE BASE YEAR AND 4 OPTION PERIODS OF ONE YEAR EACH, PROVIDING FOR FIVE YEAR POP PROVIDED ALL OPTION PERIODS ARE EXERCISED TO PROVIDE NATIONWIDE LENDER-PLACED INSURANCE. CONTRACT 12C0BA21C0001

PIID: 12C0BA21C0001Solicitation ID: 12C0BA20R0006
Signed Date: Dec 18, 2025Effective Date: Dec 30, 2020End Date: Closed on Mar 29, 2026
Award $
$1.2M
Vendor
PROCTOR FINANCIAL INC.
NAICS
524210
Signed Date
Dec 18, 2025

Key Details

Dollars Obligated
$1.2M
Base & All Options
$57,456
Awarding Sub-Agency
Rural Housing Service
Product Service Code
G009 - SOCIAL- NON-GOVERNMENT INSURANCE PROGRAMS
Extent Competed
COMPETED UNDER SAP
Number of Offers
1
Place of Performance
TROY, MI, 480982823, CD-MI-11

Description

THIS CONTRACT PROVIDES FOR A ONE BASE YEAR AND 4 OPTION PERIODS OF ONE YEAR EACH, PROVIDING FOR FIVE YEAR POP PROVIDED ALL OPTION PERIODS ARE EXERCISED TO PROVIDE NATIONWIDE LENDER-PLACED INSURANCE. CONTRACT 12C0BA21C0001

Context & Analysis

On Dec 18, 2025, Department of Agriculture obligated $1,235,640 to PROCTOR FINANCIAL INC. for this contract provides for a one base year and 4 option periods of one year each, providing for five year pop provided all option periods are exercised to provide nationwide lender-placed insurance. c. The award is classified under NAICS 524210 — INSURANCE AGENCIES AND BROKERAGES and issued as a firm fixed price contract. Competition extent: competed under sap with 1 offer received. The procurement used a NO SET ASIDE USED. set-aside. Performance is located in TROY, MI. This award is one of several similar procurements from Department of Agriculture under NAICS 524210 — related awards are listed below.

Contractor Information

UEI: GYV1AZ75LNM1
CAGE Code: 3KKR8
Location: TROY, MI

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