Agency Commerce Dept

Contractor INS Regulatory Insurance Services, Inc.

SWIFT Contract Number 210846

Project Name Austin Mutual Insurance Company, Spring Valley Mutual Insurance Company

Project Number (if applicable) {Empty}

Summarize purpose of the contract, including why it was necessary: To complete a five year examination of the noted as required by statute. We entered into a contract due to the fact that Commerce does not have an insurance examination staff to complete this required project

Project Duration

Start Date Wed, 06/01/2022 - 00:00

Original end date Fri, 04/28/2023 - 00:00

Actual end date Mon, 07/31/2023 - 00:00

Did project finish on time? Yes

Total billable hours utilized (if applicable) {Empty}

Contract Amounts

Original contract: $33250

Amendments {Empty}

Contract total $33250

Did project finish within budget? Yes

What was the funding source? Insurance revolving fund

Is this a sole source contract? No

If this was a single source contract, explain why the agency determined there was only a single source for the services (if applicable) {Empty}

Evaluator Name Kathleen Orth

Evaluator Email Address Kathleen.orth@state.mn.us

Evaluate the contractor's timeliness Exam was conducted timely

Evaluate the contractor's quality Exam met quality expectations

Evaluate the contractor's cost Contractor stayed within the capped bid amount

Evaluate the contractor's overall performance Overall quality of the contractor’s performance was very good

Would you engage the contractor's services again? Yes

Describe any negative action taken during the duration of this contract (i.e., termination, pursuit of suspension, etc.): None

Please rate the overall experience with the contractor 5 - very satisfied