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

DEFINITIVE CONTRACT won by PROCTOR FINANCIAL INC. · work in TROY, MI
$477,148
RecipientPROCTOR FINANCIAL INC. UEI GYV1AZ75LNM1
Award ID12C0BA21C0001
Award amount$477,148
Award typeDEFINITIVE CONTRACT
Awarding agencyDepartment of Agriculture — Rural Housing Service
NAICS524210 — INSURANCE AGENCIES AND BROKERAGES
PSCG009
Start dateDec 30, 2020
End dateDec 29, 2022
Place of performanceTROY, MI
Record updatedMay 17, 2022

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More awards won by 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
Department of Agriculture · $258,000 · Mar 30, 2026
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