Brokerage Services

Chaves County in New Mexico is procuring brokerage services through a competitive solicitation with a proposal due date of April 14, 2026. The procurement seeks a highly qualified and experienced insurance brokerage firm to provide comprehensive, cost-effective, and strategically focused insurance services to the Agency. Key deliverables and objectives include supporting the Agency in strengthening its risk management posture, ensuring compliance with New Mexico statutory requirements, optimizing insurance coverage, and securing competitive pricing. The successful offeror must demonstrate expertise in protecting Agency employees, assets, and operations through expert guidance, proactive market analysis, and responsive service. Required qualifications include substantial experience in insurance brokerage services, demonstrated capabilities in risk management advisory services, and a proven track record of achieving cost-effective solutions for public sector clients. The evaluation criteria emphasize the broker's ability to provide long-term program stability, reduce exposure to loss, and promote effective financial stewardship. The procurement was posted on March 7, 2026, providing potential bidders approximately five weeks to prepare and submit their proposals.

The procurement documents do not specify set-aside designations, disadvantaged business enterprise requirements, or restrictions limiting eligible respondents to particular organization types. No incumbent vendors, current contractors, or existing infrastructure integration requirements are identified in the available procurement information. Similarly, the notice does not disclose the anticipated award value, budget range, or estimated contract term for these brokerage services. Interested firms should obtain the complete solicitation documents from Chaves County to determine all specific requirements, evaluation criteria, technical specifications, and any additional submission details not reflected in this summary.