UNSPSC 64122301: Professional errors and omissions liability insurance contract

Protects the insured company in the event a client alleges they have suffered a financial loss as a result of an error or an omission committed by in the delivery of professional services

UNSPSC 64122301 Professional errors and omissions liability insurance contract is a Commodity code covering specialized insurance policies that protect organizations and professionals against claims arising from negligence, mistakes, or failures in professional services delivery. State and local governments procure this coverage primarily through risk management offices and insurance brokers to protect operational exposures spanning multiple agencies and functions—from unmanned aerial systems operations to traditional aviation fleets, claims administration services, employee benefits administration, and educator liability. The issuing bodies are mixed: state departments and agencies (notably the State of Utah and Texas Education Agency), county governments (Montgomery County, Pennsylvania and Hall County, Georgia), municipalities (Louisville/Jefferson County Metro Government and Detroit), school districts (Polk County Public Schools, Stockton Unified School District), and higher-education systems (University System of Georgia). Louisville/Jefferson County Metro Government appears as a repeat buyer, issuing back-to-back solicitations in October 2026 for both manned aviation and UAS insurance.

Recent opportunities show active procurement across the Southeast and Upper Midwest, with notable concentration in Florida (Polk County Public Schools), Georgia (Hall County and USG), Pennsylvania, Michigan, and Arizona, alongside solicitations in Texas, Utah, and California. Representative recent procurements include Louisville/Jefferson County Metro Government's RFP 270078 for UAS aviation insurance due October 30, 2026, seeking coverage for unmanned aerial systems deployed across emergency response, fire assessment, law enforcement, public works, and disaster response operations; Polk County Public Schools' ITN 039-DW-0826 for third-party claim administration services covering auto liability, property, general liability, professional liability, and workers' compensation (award advanced to Cannon Cochran Management Services, Inc. in August 2026 after competitive scoring); and the City of Detroit's RFP 550591 for insurance brokerage services due October 16, 2026, requiring Michigan licensure and five years' public-sector experience, with evaluation weighted 35 percent on qualifications, 30 percent on key personnel, 25 percent on approach, and 8 percent on pricing. The State of Utah issued an RFI in April 2026 seeking costing models and pricing methodologies for claims support services before determining procurement approach. Contract terms typically run three to five years with optional renewals.