7-RFP 26-0279 Bid Table.xlsx

This is a bid table document for RFP 26-0279 issued by the City of Fort Worth, Texas, for large vehicle subrogation services. The City seeks proposals for claims recovery and subrogation services to be provided on an "as needed" basis to support the Financial Management Services Department. The RFP structure indicates a contingency-based pricing model where vendors will provide services related to pre-litigation recovery and litigation and arbitration recovery, with compensation calculated as a percentage of gross amounts recovered.

The bid table establishes a contingency-based fee structure in which vendors propose separate percentage rates for pre-litigation recovery and litigation and arbitration recovery services. Vendors must identify any anticipated out-of-pocket expenses and specify whether each expense will be absorbed by the vendor or deducted from recoveries. The RFP also requests pricing for optional supplemental services, such as desk appraisals or traditional property damage subrogation services, with vendors specifying their proposed pricing models and prices for these services. Notably, the agreement operates on a "no recovery, no fee" basis, meaning no fees are owed to the vendor if no financial recovery is secured. This structure protects the City while incentivizing vendor performance directly tied to successful recovery outcomes.