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State Contract Reporting System

Florida Department of Financial Services: F.A.C.T.S

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Contract Information

 

Summary

Agency Name: DEPARTMENT OF FINANCIAL SERVICES

Agency Contract ID: COS004

Long Title: MSFH WCE Region 2

Vendor Name: FOUNDATION RISK PARTNERS, CORP.

Total Contract Amount: $5,508,216.68

Total Budgetary Amount: $5,508,216.68

Total Payment To Date: $5,189,760.00

Date of Execution: 11/01/2022

General Description: My Safe Florida Home Program Wind Certification Entities – Region 2.

Main Information

Agency Contract ID: COS004

FLAIR Contract ID: D1896

Short Title: MSFHWCER2

Long Title: MSFH WCE Region 2

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Renewed

Date of Execution: 11/01/2022

Date of Beginning: 11/01/2022

Original End Date: 10/31/2024

New Ending Date: 10/31/2027

Agency Service Area: COS

Statutory Authority: 215.5586, FS

Contract Involves State or Federal Financial Assistance: No

Recipient Type:

Provide for Administrative Cost: No

Provide for Periodic Increase: No

Procurement Information

Authorized Advanced Payment: No

Method of Procurement: Agency Request For Proposals [s. 287.057(1)(b), F.S.]

State Term Contract ID:

Contract’s Exemption Justification:

Agency Reference Number: 2223-02 RFP COS

Business Case Study Done: No

Legal Challenges to Procurement: No

Outsourcing / Capital Improvements

Was the Contracted Function Previously Performed by the State: No

Was the Contracted Function Considered for Insourcing back to the State: No

Did the Vendor Make Capital Improvements on State Property: No

Budget Information

Original Contract Amount: $5,508,216.68

Total Contract Amount: $5,508,216.68

Total Recurring Budgetary Amount: $0.00

Total Non-Recurring Budgetary Amount: $5,508,216.68

Total Budgetary Amount: $5,508,216.68

Total Unfunded Amount: $0.00

As of Date: 5/5/2026

No Recurring Budgetary records found for this contract.

Non-Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$808,217.68 43-10-1-000122-43010100-00-101660-00 07/01/2025 2025-2026
$3,700,000.00 43-10-1-000122-43010100-00-101660-00 05/29/2025 2024-2025 R1
$999,999.00 43-10-1-000122-43010100-00-101660-00 07/01/2022 2022-2023

Contract Change

Change Type Amendment Amount Agency Amendment Reference Change Description Amendment Effective Date Amendment Execution Date New Ending Date
Amendment $0.00 R1 Renewal 11/01/2024 11/07/2024 10/31/2027
Amendment $0.00 A1 Amendment 06/05/2023 06/05/2023
Amendment $0.00 A4 Updated SOW 04/23/2025 04/23/2025
Amendment $0.00 Am 4 Updated SOW 04/23/2025 04/23/2025
Amendment $0.00 A3 Updated SOW 07/10/2024 07/10/2024
Amendment $0.00 A2 Name change 02/15/2024 02/15/2024

Vendor

Name Line 1Name Line 2City State ZipMinority Vendor Designation
FOUNDATION RISK PARTNERS, CORP. POMPANO BEACH FL 330690000 Non-Minority

CFDA

No CFDA Codes found for the contract.

CSFA

No CSFA Codes found for the contract.
More Deliverable Number      Commodity/Service Type Major Deliverable Method of Payment
     
 Building inspection service Hurricane Mitigation Inspections. The WCE shall complete Inspections as prescribed herein for all t... Fixed Fee / Unit Rate
 Displaying 1 to 1 of 1    


Payments are also referred to as expenditures (creating or incurring a legal obligation to disburse money) or disbursements (the payment of expenditures). Payments include disbursements and accounting adjustments made on a contract. Payments are always positive amounts while accounting adjustments may be positive or negative depending on the type of adjustment.

Payment Details

"Date" in the listing below indicates the date the payment voucher was recorded in the system, not the date the payment was issued.
More Fiscal Year Total Amount
     
 2025-2026 $1,341,440.00
     
 2024-2025 $618,400.00
     
 2023-2024 $2,191,040.00
     
 2022-2023 $1,038,880.00

If a payment or adjustment to a contract was made before July 1, 2012, the information may not be posted in this system.

Contract Documents


Click on the pdf icon or Agency Document Link to view the document
Document Type Document Reference # Executed Date Document Add Date Agency Document Link View
Original Contract Original Contract - D1896 11/01/2022 11/1/2022 12:50:14 PM
Procurement Original Contract - D1896 9/4/2024 8:36:54 AM
Amendment A1 06/05/2023 6/5/2023 1:02:48 PM
Amendment A2 02/15/2024 7/16/2024 9:23:13 AM
Amendment A3 07/10/2024 7/16/2024 9:21:21 AM
Amendment A4 04/23/2025 4/24/2025 1:08:58 PM
Amendment R1 11/07/2024 11/12/2024 12:24:56 PM


Audit results posted prior to June 30, 2012, appear in a summarized form. As of July 1, 2012, the audit reporting process was expanded to include additional questions and comments from the Bureau of Auditing. As audits are captured in electronic format, they will be posted to this system. If you are interested in seeing audit reports by Fiscal Year and Agency Action Plans, please click here to navigate to the Transparency Florida Contract Audit page.

  • No audits have been conducted on this contract at this time.
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