PROCTOR FINANCIAL INC. - THE PURPOSE OF THIS REQUIREMENT IS TO PROVIDE LENDER-PLACED INSURANCE ON PROPERTIES FINANCED THROUGH RURAL DEVELOPMENT HOUSING PROGRAMS TO MITIGATE RISK TO RD'S PORTFOLIO OF PROPERTIES WHEN THE BORROWERS FAIL TO PROVIDE ADEQUATE INSURANCE THEMSE

On Mar 4, 2026, Department of Agriculture obligated $258,000 to PROCTOR FINANCIAL INC. for the purpose of this requirement is to provide lender-placed insurance on properties financed through rural development housing programs to mitigate risk to rd's portfolio of properties when the borrow…. 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 4 offers received. The procurement used a NO SET ASIDE USED. set-aside. Performance is located in TROY, MI. The contract is scheduled through Mar 29, 2027 — approximately 10 months remaining. This award is one of several similar procurements from Department of Agriculture under NAICS 524210 — related awards are listed below.