Business Automobile Insurance

The State of Florida's Department of Management Services is issuing an Invitation to Bid (ITB) for a one-year business automobile insurance policy to cover various state agencies and eligible users. The selected Contractor will be responsible for marketing and securing an insurance policy that provides the same or better coverage as the current expiring policy, with an effective date of October 20, 2024. The policy must meet minimum coverage requirements outlined in the solicitation, including liability, personal injury protection, medical payments, collision, and other than collision coverage. Bidders must provide pricing on the attached Price Sheet and comply with Florida Statutes. The ITB includes a detailed list of over 110 vehicles, their specifications, and historical loss experience data. Bidders must have at least 10 years of experience in placing and managing the required insurance coverage and provide certifications related to a drug-free workplace and the use of forced labor. The bid submission deadline is October 3, 2024, and the anticipated award date is October 9, 2024.

The ITB does not mention any set-aside designations or restrictions on the types of organizations that can respond. There is no information provided on any incumbent vendors or contractors, nor details on existing infrastructure or technology that requires integration. The total annual spend for the current policy is approximately $379,500, but the ITB does not specify a budget range or award value for the new policy.