$258K

PROCTOR FINANCIAL INC.

TROY, MI
Contract NO SET ASIDE USED. FY2026
12C0BA26C0001
$258K
Obligated Amount
Award Value
Outlayed
Mar 4, 2026
Action Date
End Date
524210
NAICS Code
FY2026
Fiscal Year

Contract Description

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

Award Details

Awarding Agency Department of Agriculture
Sub-Agency Rural Housing Service
Contract Type Contract
Set-Aside NO SET ASIDE USED.
Period Mar 4, 2026
NAICS 524210 — Insurance Agencies and Brokerages

Recipient

Recipient name, address, UEI, and contact info are part of the Basic plan and above.
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Place of Performance

City / State TROY, MI

Transaction History

Mod # Date Amount Action Type Description
Mar 4, 2026 $258K The purpose of this requirement is to provide lender-placed insurance on prop...

About This Contract

This contract was awarded to PROCTOR FINANCIAL INC. (based in Michigan) by Department of Agriculture, specifically the Rural Housing Service sub-agency. The award represents one of millions of federal procurement actions tracked through USASpending.gov, the official source of federal spending data.

The obligated amount is $258,000. Federal contract obligations represent funds committed by the government for goods or services. Actual outlays may differ if contract modifications, terminations, or scope changes occur during the period of performance.

This contract is classified under NAICS code 524210 — Insurance Agencies and Brokerages. The North American Industry Classification System (NAICS) is used by federal agencies to categorize establishments by their primary business activity. Browse all federal contracts under NAICS 524210 to compare similar awards by amount, agency, and recipient.

The place of performance for this contract is Michigan, specifically in or around TROY. Federal contracts are distributed across all 50 states, with concentrations in defense corridors and metropolitan areas hosting major federal facilities.