25-64121509-ITB Miscellaneous Property Attachment H Draft Contract.pdf

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Attached to
Inland Marine - Miscellaneous Property Insurance
Solicitation number
ITB-13034
Issued by
Leon County, Florida

About this file

This document is a draft contract for Miscellaneous Property Insurance between the Florida Department of Management Services and an unnamed contractor, solicited through Invitation to Bid No. 25-64121509-ITB. The contract will be effective for one year, starting August 8, 2025, and ending August 8, 2026, with potential options for additional policy periods as specified in the broker's bid. The term contract covers comprehensive property insurance for various state agencies and universities, with total insured values of approximately $26.5 million, encompassing equipment such as band instruments, mobile gas testing equipment, nuclear radiation detection systems, radio and television equipment, and other miscellaneous property.

The contract allows for potential additions or deletions to coverage throughout the policy period, with brokers required to provide comprehensive customer service and claims settlement support. Historical annual premiums averaged $63,310, though this is not a guaranteed spend amount. Bidders must submit commission-based proposals with fixed annual premiums for the full policy period, and the contract includes specific deductible structures for different types of losses. The Department intends to make a single award but reserves the right to make no award if deemed in the state's best interest. Eligible users are limited to non-Agency state entities with a Department of Financial Services State Risk Management Trust Fund Certificate, and potential bidders must meet specific qualifications, including valid insurance licenses, 10 years of experience in insurance placement, and an AM Best Key Financial Rating of at least A.

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Solicitation No. 25-64121509-ITB Miscellaneous Property Insurance

Attachment H Draft Contract No: 64121509-25-ITB

This Contract No. 64121509-25-ITB (“Term Contract”) is between the Department of Management Services (“Department”), an agency of the State of Florida, located at 4050 Esplanade Way, Tallahassee, Florida 32399; and <Insert Contractor’s Legal Name From Sunbiz> (“Contractor”) with its principal place of business located at <Insert Contractor’s Sunbiz Principal Address>;

collectively referred to herein as the “Parties.”

WHEREAS, the Department issued a competitive solicitation for Miscellaneous Property Insurance.

WHEREAS, the Contractor was awarded as a result of such competitive solicitation.

NOW THEREFORE, in consideration of the mutual promises contained herein, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

1. Term and Effective Date.

The term and effective date of the Contract will be for one year, beginning August 8, 2025, 12:01 a.m., and ending August 8, 2026, 12:01 a.m., with an option for additional policy periods if pricing for such was provided in the Broker’s bid.

2. Order of Precedence.

This contract document and the attached exhibits constitute the Contract and the entire understanding of the Parties. All Exhibits listed below are incorporated into this Term Contract by reference herein. In the event of a conflict, the Term Contract document and Exhibits shall have priority in the following order:

a) This Contract document

b) Exhibit A, Scope of Work

c) Exhibit B, Mandatory Responsive Requirements

d) Exhibit C, Additional Terms and Conditions to the Enterprise Contract

e) Exhibit D, Enterprise Standard Terms and Conditions

f) Exhibit E, General Contract Conditions (PUR 1000)

g) Exhibit F, Vendor Certification Form (PUR 7801)

h) Exhibit G, Insurance policy as issued, and endorsed by Insurer during policy period

i) Exhibit H, Broker’s submitted Price Sheet

j) Exhibit I, Broker’s Bid (excluding Broker’s submitted Price Sheet)

3. Primary Contacts.

Department’s Contract Manager:

Jill Soderberg, Statewide Insurance Program Coordinator Division of State Purchasing Florida Department of Management Services 4050 Esplanade Way, Suite 360 Tallahassee, Florida 32399-0950 Telephone: (850) 488-7996 Email: jill.soderberg@dms.fl.gov mailto:jill.soderberg@dms.fl.gov

Solicitation No. 25-64121509-ITB Miscellaneous Property Insurance

Attachment H Draft Contract No: 64121509-25-ITB

Broker’s Contract Manager:

[Insert Contractor Manager Name]

[Insert Contractor name]

[Insert Contractor’s physical address]

Telephone: [(XXX) 555-XXXX]

Email: [jane.doe@business.gmail.com]

Either party may notify the other by email of a change to a designated Contract Manager providing the contact information for the newly designated contact, and such notice is sufficient to effectuate this change without requiring a written amendment to the Term Contract.

IN WITNESS THEREOF, the Parties hereto have caused this Term Contract to be executed by the undersigned duly authorized officials.

State of Florida:

Department of Management Services

Contractor:

<Insert Contractor Name>

By: _____________________________

By: ___________________________

Name: Tom Berger Name: <Insert Name> Title: Deputy Secretary of Business Operations Title: <Insert Title> Date: <Insert Date> Date: <Insert Date> mailto:jane.doe@business.gmail.com

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