For Consumers

S202308 Continuing Care Retirement Community Authority Assessment and Report

Description

This procurement has been amended, including an extended project timeline, in response to a lack of proposals received. The Contractor will have more time to gather information and present initial findings.

The Office of Insurance Commissioner (OIC) is initiating this Request for Proposals (RFP) to solicit responses from individuals or vendors interested in conducting a time-sensitive research project. This project is designed to assess federal and state authorities regulating continuing care retirement communities (CCRCs) and provide a report with recommendations on creating a legal framework for shared regulatory oversight of CCRC products under Chapter 18.390 RCW, which may achieve heightened consumer protections.

The contractor selected as a result of this procurement will be required to:

  • Complete an assessment of federal and state authorities on CCRC regulation.
  • Provide Recommendations on shared regulatory oversight system for CCRCs in Washington.
  • Submit reports on assessments and recommendations.
  • Present findings as requested during the 2023 Legislative Session.

Required experience includes, but is not limited to:

  • Demonstrated knowledge of, and experience in, the area of work for which the proposal is being submitted.
  • Experience assessing federal or state administrative regulation of private entities within the last five (5) years.
  • Verifiable experience completing complex research and reporting projects including time sensitive deadlines.

Complete requirements are listed in Section 1.3 of the solicitation document.

Important dates

  • June 6, 2022, 11:59 p.m. PST - Questions due from vendors
  • June 10, 2022 - Last amendment posted by OIC
  • Sunday, June 26, 2022, 11:59 p.m. PST - Proposals due to OIC

RFP documents