296_State+Contract+Summary.docx

DOCX document 43 KB Posted

Attached to
Insurance Broker - Excess Liability (OMB Risk Mgmt Only)
Contract number
296-MARS
Issued by
North Dakota

About this file

This document is a State Contract Summary for North Dakota (ND), specifically a Term Contract for Insurance Broker services focused on Excess Liability, managed by the Office of Management and Budget (OMB) Risk Management Division. The contract is identified as Term Contract Number 296, with the specific purpose of securing insurance brokerage services for evaluating and managing high-risk insurance coverage for the state.

The contract aims to provide professional insurance brokerage services to assist the state in assessing and procuring excess coverage options, with a particular emphasis on complex risk areas including cyber liability and security insurance. While specific pricing details are not provided in the document, the contract's primary objective is to help the state evaluate insurance alternatives that mitigate potential financial risks. The document recommends checking the state contract website for additional detailed information about the contractor and contract administrator.

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Text version

ND STATE CONTRACT INFORMATION

Term Contract Name:
Insurance Broker - Excess Liability (OMB Risk Mgmt Only)
Term Contract Number:
296

CONTRACT INTRODUCTION

The contract is for an insurance broker to assist the Risk Management Division in fulfilling its role in evaluating the availability, options, alternatives, cost, and placement of excess coverage and related coverage for risks that pose undue financial risk to the State, including cyber liability and security insurance.

CONTRACTOR INFORMATION

Check the State contract website for the contractor and contract administrator information.

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File details come from the government source that posted it. Updated .