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

PIID: 12C0BA26C0001Solicitation ID: 12C0BA25R0001

Signed Date: Mar 4, 2026Effective Date: Mar 30, 2026End Date: Closes in 346 days

Key Details

Dollars Obligated

$258,000

Base & All Options

$1.3M

Awarding Agency

Department of Agriculture

Awarding Sub-Agency

Rural Housing Service

NAICS Code

524210 - INSURANCE AGENCIES AND BROKERAGES

Product Service Code

G008 - SOCIAL- GOVERNMENT INSURANCE PROGRAMS: OTHER

Extent Competed

COMPETED UNDER SAP

Number of Offers

Place of Performance

TROY, MI, 480982823, CD-MI-11

Description

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

Contractor Information

Contractor: PROCTOR FINANCIAL INC.

UEI: GYV1AZ75LNM1

CAGE Code: 3KKR8

Location: TROY, MI

Similar Awards

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

PROCTOR FINANCIAL INC.

$1.2M

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