BA-2026-OA-017-IN Bridge Property and Loss of Revenue Insurance

The New York State Bridge Authority is requesting proposals for Bridge Property and Loss of Revenue Insurance (Inland Marine specialized property) covering five tolled vehicular Hudson River crossings and seven long span bridges with approach spans and related infrastructure, with proposals due December 7, 2026 at 10:00 a.m. The procurement carries New York State utilization goals: 30 percent minority and women-owned business enterprise overall (12 percent MBE, 18 percent WBE) and 6 percent service-disabled veteran-owned business.

The Authority seeks three separate one-year insurance contracts with options to renew for two additional one-year periods at the Authority's discretion, provided vendors offer renewal at substantially the same terms, conditions, and rates adjusted for actual loss experience. All insurance must be issued by insurers rated A−/X or better by A.M. Best and preferably admitted in New York. Pricing must be submitted as a lump sum including all coverage, applicable taxes, and brokerage fees. Payment is due within 30 days of invoice receipt, coinciding with the policy year.

The incumbent vendor is Brown and Brown, formerly Risk Strategies Inc. Evaluation will be based on conformity with specifications, cost, and past experience with proposers. Proposals offering less insurance than specified or contingent upon other awards may be deemed unresponsive; however, the Authority reserves the right to waive irregularities or reject all proposals.

Proposers must submit preferred insurance company listings by October 30, 2026, and must comply with New York State requirements including certification of compliance with State Finance Law sections 139-j and 139-k and non-collusive bidding certification. Questions are due October 23, 2026. Proposals should be submitted to Brian Bushek, Treasurer, at the Mid-Hudson Bridge Plaza, P.O. Box 1010, Highland, New York 12528.