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Combined synopsis and solicitation

Lender-Placed Insurance Services

12C0BA25R0001

Rural Housing Service, Procurement Management Office. Insurance Agencies and Brokerages.

View on SAM.govMarkdown

Awarded

Proctor Financial Inc.

$258,000.00 obligated so far on USAspending

Description

As published on SAM.gov.

The purpose of this requirement and is to provide Lender Placed Insurance on properties financed through U.S. Department of Agriculture (USDA), Rural Development's (RD) housing programs to mitigate risk to RD’s portfolio of properties when the borrowers fail to provide adequate insurance themselves.

The contract, on USAspending

Federal procurement data the awarding office reported to FPDS, matched to this solicitation by its number.

Recipient
Proctor Financial Inc.
UEI
GYV1AZ75LNM1
CAGE
3KKR8
Vendor location
Troy, MI
Contract
12C0BA26C0001, definitive contract
Obligated
$258,000.00, potential $1,290,000
Actions
2 between March 4, 2026 and July 13, 2026
Competition
Competed Under SAP, 4 offers received
Set-aside reported
No Set Aside Used.
Described as
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
Match
solicitation number 12C0BA25R0001 equals the FPDS solicitation identifier; same sub-agency 12E3 (high confidence)
Record
USAspending award page

Publications

Every notice SAM.gov issued under this solicitation number, oldest first. Each is a separate record on SAM.

  1. September 17, 2025

    Combined synopsis and solicitation, originally sources sought

    Due October 15, 2025 at 4:00 PM EDT. SAM.gov, notice 870ad122453c4585b7e8979b7ed58b6b

  2. September 29, 2025

    Combined synopsis and solicitation

    Due October 15, 2025 at 4:00 PM EDT. SAM.gov, notice 409c59bd09b94a998df2fba6fabb5ece

  3. September 30, 2025

    Combined synopsis and solicitation

    Due October 15, 2025 at 4:00 PM EDT. SAM.gov, notice 153e5fddaa734c6b89c51fac53310cdb

  4. November 25, 2025

    Combined synopsis and solicitation

    Due October 15, 2025 at 4:00 PM EDT. SAM.gov, notice 827b3d03f49e47289be4fd753f3dc0c1

  5. November 25, 2025

    Combined synopsis and solicitation

    Due October 15, 2025 at 4:00 PM EDT. SAM.gov, notice b4f26c793854423abe83980625bb8f44

Points of contact