25-64121511-ITB Ocean Marine Open Cargo Attachment H Draft Contract.pdf
PDF 164 KB Posted
- Solicitation number
- ITB-12852
- Issued by
- Florida
About this file
This document is a draft State Term Contract for Ocean Marine Hull and Open Cargo Insurance between the Florida Department of Management Services and an unnamed contractor. The contract will be effective for one year, beginning July 2, 2025, and ending July 2, 2026, with potential options for additional policy periods. The solicitation (No. 25-64121511-ITB) seeks comprehensive insurance coverage for multiple state agencies and universities, including Florida Atlantic University, Florida International University, Florida State University, University of Central Florida, University of Florida, and the Florida Fish and Wildlife Commission, covering 81 vessels across research, patrol, and specialized categories.
The contract includes worldwide navigation limits, hull insurance, protection and indemnity coverage, and open cargo insurance for specialized research equipment and marine vessels. The existing contract, currently underwritten by Great American Insurance Company of New York, had an average annual premium of $299,287 for Ocean Marine Hull and Protection and Indemnity, and a four-year average of $12,833 for Open Cargo insurance. The state intends to make a single award to the responsive and responsible bidder submitting the lowest calculated premium, with bidders required to have 10 years of insurance placement experience, a valid certificate of authority to transact insurance, and complete various vendor certification forms. Premiums will be calculated using a discounted approach based on the most recent ten-year inflation rate, with the state reserving the right to make no award if determined to be in its best interest.
View the file
Other files
Show all 17
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
Solicitation No. 25-64121511-ITB Attachment H
Draft State Term Contract No: 64121511-25-ITB
State Term Contract No: 64121511-25-ITB Ocean Marine Hull and Open Cargo Insurance
This Contract No. 64121512-25-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 Ocean Marine Hull and Open Cargo Insurance; and
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 on July 2, 2025 at 12:00:00 p.m., Eastern Time, and ending on July 2, 2026, at 12:00:00 p.m., Eastern Time, with an option for additional policy periods if pricing for such was provided in the Contractor’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, Additional Terms and Conditions to the Enterprise Contract
d) Exhibit C, Enterprise Standard Terms and Conditions
e) Exhibit D, Price Sheet
f) Exhibit E, PUR 7801
g) Exhibit F, Expiring Policy
h) Exhibit G, 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. 25-64121511-ITB Attachment H
Draft State Term Contract No: 64121511-25-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 .