Crop Insurance

Agency:	Iowa State University
Level of Government:	State & Local
Category:	R - Professional, Administrative and Management Support Services
Opps ID:	NBD18079329389338168
Posted Date:	Mar 14, 2023
Due Date:
Solicitation No:	RFQ-1000710 Addendum 1

Bid Information

Type	Request for Proposal (Public)
Status	Awarded
Number	RFQ-1000710 Addendum 1 (Crop Insurance)
Issue Date & Time	1/31/2023 09:30:00 AM (CT)
Close Date & Time	3/13/2023 04:00:00 PM (CT)
Duration	1 month 13 days
Notes	Iowa State University of Science and Technology (ISU) is soliciting information from qualified contractors to provide crop group risk insurance coverage on ISU corn and soybean acres . Contractors should read all materials carefully and note the due date. Contractors must submit all questions in the "Questions" tab related to this bid opportunity.

Contact Information

Name	Lucas Schau
Address	1340 Administrative Services Building 2221 Wanda Daley Drive Ames, IA 50011-1004 USA
Phone	515 (294) 8853
Fax
Email	lschau@iastate.edu

Awarded Suppliers

Supplier Name	Award Line Count	Award Amount
Farm Credit Services of America-Cedar Rapids	2	$223,047.40

Bid Documents

Bid Attachments

File Name	Description	File Size
ISU Instructions.pdf	Review the instructions for important information. REVISED APRIL 2022	174 KB
ISU General Terms & Conditions.pdf	Review the general terms and conditions carefully and any exceptions should be listed in the "Attributes" section. REVISED APRIL 2022	232 KB
RFQ-1000710 Scope of Work (Crop Insurance).pdf	Scope of Work	110 KB

Bid Questions

Question	How many acres of Corn and Soybeans are you looking to insure? I know this is subject to change but this will make a difference on the premium that is paid.
Answer	Under the Line Items tab, you will find how many acres per county for both Corn and Soybeans.
Submitted	2/14/2023 12:57:10 PM (CT)

Question	The corn and soybean spring price is not officially published until 2/28/23 and any crop insurance bid would not be accurate until after that date. Would you be able to extend the submission of bids until the Sales Closing date of 3/15/23?
Answer	ISU will extend the bid to March 13, 2023 till 4:00 PM. The drawing will be March 14, 2023 at 1:30 PM. - Thank you.
Submitted	2/2/2023 04:36:52 PM (CT)

Bid Event Non-Participation Activity

Activity Date	Activity Name	Description
3/14/2023 01:30:00 PM (CT)	Drawing for Tie Bids	Procurement Services will resolve tie proposals which are equal in all respects and tied in price by drawing lots. The drawing will be held in the presence of the Companies who are tied and choose to attend. The drawing will be made in front of at least three (3) persons and said drawing documented. Whenever a tie involves an Iowa firm and a firm outside the State of Iowa, the Iowa firm will receive preference Whenever a tie involves one or more Iowa firms and one or more firms outside the State of Iowa, the drawing will be held amoung the Iowa firms only. Note: ISU reserves the right to delay drawing if additional time is needed to review each bid for the compliance.

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