1-RFP Insurance Cost Savings, Risk Gap Analysis, and Innovation Review.pdf

REQUEST FOR PROPOSALS (RFP)

INSURANCE COST SAVINGS, RISK GAP ANALYSIS &

INNOVATION REVIEW SERVICES

Limited to Southeast Region firms only

QUESTIONS SUBMITTED IN BONFIRE DUE:

FRIDAY, JUNE 5, 2026, BY 4:00 PM EST

PROPOSALS DUE:

MONDAY, JUNE 29, 2026, BY 4:00 PM EST

Late submittals will not be accepted Submittals are only accepted through Bonfire

Please see the information on the following page to access the link to register as a vendor and to submit Proposals in

BONFIRE:

Electronic proposal must be labeled:

INSURANCE ANALYSIS SERVICES

RFP released: 05/26/2026 Project Number: CEO-2026-102:

To Register:

Atlanta Beltline Inc. (ABI) has partnered with Bonfire Interactive to create a new procurement portal that will allow you to receive notifications of procurement opportunities and to submit responses to ABI electronically.

Vendors are directed to visit the ABI website at https://www.Beltline.org/procurement. Next, follow the instructions and click the Bonfire vendor registration link to register your company.

Registration is easy and free. Please be sure to select commodity codes based on the types of services listed on the ABI website and/or listed in the Bonfire registration portal.

Already Registered or just to see the current solicitations or if you just want to go directly to the portal:

https://Beltline.bonfirehub.com/portal/?tab=openOpportunities

1. Introduction and Background Atlanta Beltline, Inc. (ABI) is requesting proposals from qualified insurance advisory firms or consultants to conduct a comprehensive review of ABI’s existing insurance portfolio. The objective of this engagement is to identify opportunities for cost savings, improve flexibility to support participation by small and diverse businesses, assess potential gaps in risk coverage, and recommend innovative approaches to insurance and risk management that align with ABI’s operational complexity and public-sector mission. ABI manages one of the most ambitious infrastructure and redevelopment programs in the United States, encompassing design, construction, real estate acquisition and affordable housing development, public spaces (including public art/sculpture), programming, economic development, and community engagement. As ABI continues to grow in scale and complexity, it is critical that its insurance program is cost-effective, appropriately structured, forward-looking, and aligned with industry best practices. Visit beltline.org.

2. Scope of Services The selected consultant will work closely with ABI leadership and staff to deliver a comprehensive assessment of ABI’s insurance and risk management framework. The scope of work will include, but not be limited to, the following components:

A. Insurance Portfolio Review and Potential Cost Savings Analysis

• Review all existing insurance policies, coverages, limits, deductibles, exclusions, endorsements, and premium structures.

• Identify opportunities for premium reductions, alternative risk structures, or program consolidation without compromising coverage adequacy.

• Benchmark ABI’s insurance costs and coverage against comparable public agencies, infrastructure entities, and large-scale redevelopment organizations.

https://www.beltline.org/procurement https://beltline.bonfirehub.com/portal/?tab=openOpportunities

• Evaluate broker performance and market competitiveness, where applicable.

B. Risk Gap and Coverage Adequacy Assessment

• Identify gaps, redundancies, or misalignments in ABI’s current risk coverage relative to its operational, construction, and programmatic activities.

• Assess emerging and non-traditional risks, including but not limited to:

o Construction and infrastructure delivery risks o Public-space and event-related liabilities o Cybersecurity and data privacy risks o Environmental and climate-related exposures o Reputational and operational risks

• Provide recommendations to address identified gaps or inefficiencies.

C. Small Business and Vendor Flexibility

• Assess how ABI’s insurance requirements impact small businesses, minority-owned firms, and emerging vendors.

• Identify opportunities to reduce barriers to participation while maintaining appropriate risk protections.

• Recommend alternative approaches (e.g., tiered requirements, owner-controlled insurance programs, or pooled solutions) that support inclusive procurement goals.

D. Innovation and Future-Ready Strategies

• Identify innovative insurance or risk-financing models applicable to ABI’s operations, such as:

o Programmatic or portfolio-based insurance structures o Captives, risk pools, or layered coverage approaches o Policy innovations tied to sustainability, resilience, or climate adaptation

• Provide forward-looking recommendations to improve flexibility, resilience, and long-term cost control.

E. Deliverables At a minimum, the consultant will provide:

• A written assessment summarizing findings, cost-saving opportunities, risk gaps, and innovation recommendations.

• A prioritized set of actionable recommendations with estimated financial and operational impacts.

• An executive-level briefing or presentation to ABI leadership.

3. Performance Period & Budget The anticipated performance period and budget for this engagement is:

July 1, 2026 – December 30, 2026 (estimate) not to exceed $45,000

4. Proposal Submission Requirements Proposals must include the following components:

1. Firm Overview and Qualifications o Description of the firm, relevant experience, and expertise in insurance advisory, risk management, and public-sector or infrastructure clients.

2. Relevant Experience o Examples of similar engagements, particularly with public agencies, large infrastructure programs, or quasi-public entities.

o Experience in addressing cost savings, risk gaps, and insurance innovation.

3. Proposed Approach and Methodology o Detailed description of the proposed approach to completing the scope of work.

o Timeline and work plan aligned with the performance period.

4. Project Team o Identification of key personnel, roles, and qualifications.

5. Cost Proposal o Clear and transparent fee structure, including any assumptions or optional services.

6. References o Provide a minimum of three (3) professional references from similar engagements.

5. Evaluation Criteria (100 possible maximum points) Proposals will be evaluated based on the following criteria:

• 10 points: Demonstrated risk and executive finance expertise and relevant experience in and outside of Georgia

• 10 points: Quality and clarity of the proposed approach regarding infrastructure needs

• 30 points: Understanding of ABI’s operational and risk environment

• 30 points: Ability to identify cost savings and innovative solutions

• 5 points: Qualifications of proposed project team

• 15 points: Combination of cost and overall value to ABI

6. Submission Deadline Questions are due in Bonfire June 5, 2026, no later than 4:00 p.m. EST Proposals must be received June 29, 2026, no later than 4:00 p.m. EST

Late submissions may not be considered. Questions will be responded to via addendum.

Please allow time to upload questions and submittals as Bonfire will lock after each due date and time. Contact Bonfire support with technical items – not ABI staff.

7. General Conditions ABI reserves the right to:

• Reject any or all proposals

• Request additional information or clarification ABI reserves the right to extend or renew the contract based on performance, organizational needs, and funding availability.

• ABI reserves the right to extend or renew the contract based on performance, organizational needs, and funding availability.

• Negotiate scope, schedule, and fees with the selected firm

• Cancel or amend this RFP at any time

Please see the exhibit with additional Terms & Conditions, required forms, and the ABI Sample contract.

END OF THIS DOCUMENT