Project and Rates - Request for Proposals Final.xlsx

This is a Request for Proposals (RFP) document establishing fixed billing rates for certificate review and approval services related to construction projects. The document outlines a tiered billing structure based on three distinct service phases: initial closing, renewal during construction, and final closing. During the initial closing phase, vendors will review and approve five certificates per project, including Owner Certificate of Liability (Acord 25), Owner Commercial Property Insurance (Acord 28), Builders Risk, General Contractor Certificate of Liability (Acord 25), Architect Certificate of Liability (Acord 25), and Property Manager Certificate of Liability (Acord 25). The renewal during construction phase requires review of the same certificate types as needed per project, while the final closing phase involves review of three certificates: Owner Certificate of Liability (Acord 25), Owner Commercial Property Insurance (Acord 28), and Property Manager Certificate of Liability (Acord 25). The pricing model is based on an estimated 80 projects annually for initial closing, with renewal certificates and final closing estimated at 50 percent of the initial volume.

The document presents a fixed billing rate structure for each certificate type across all three service phases, with total yearly combined billing currently shown as $0.00, indicating that rates have not yet been populated in this sample template. This RFP establishes the framework for vendors to submit their proposed fixed billing rates per certificate reviewed and approved, allowing the issuing entity to evaluate cost-effective solutions for managing insurance certificate reviews throughout the construction project lifecycle.