Aircraft Insurance

The state of Arkansas, through the Department of Transformation and Shared Services Office of State Procurement, is seeking bids for an Aircraft Insurance contract to provide liability, physical damage, and other coverages for three aircraft operated by the Arkansas State Police Air Support Unit. The contract will cover a Beech King Air B200, a Cessna T206H, and a Bell 407 helicopter, and will include insurance for physical damage, aircraft liability, medical payments, and various endorsements. The procuring jurisdictions are Pulaski County and the City of Little Rock. The contract term is for one year with up to six one-year renewal options, with an anticipated start date of December 15, 2023. Bids are due by November 27, 2023, and the contract will be awarded to the responsive and responsible bidder offering the lowest annual premium.

The solicitation does not indicate any set-aside designations or restrictions on the types of organizations that can respond. The documents provided do not identify any incumbent vendors or current contractors. The solicitation also does not specify a budget range or potential award value. However, the Official Bid Price Sheet outlines the required coverages and deductibles, as well as the annual premium amounts for each aircraft, which bidders must provide in their responses.