Insurance Brokerage Services

The City of Boulder, Colorado, located in Boulder County, is seeking proposals for insurance brokerage and risk management support services through RFP No. 63-2025. The procurement seeks a qualified vendor to provide comprehensive insurance brokerage services for the city's extensive insurance portfolio, which includes workers' compensation, public entity liability, property, cyber liability, and other specialized insurance types with a total annual net premium exceeding $1,400,000. Key deliverables include risk analysis, insurance marketing, claims management, and loss control services for the April 2026 policy renewal period. The proposal must be submitted electronically through the Bidnet website by November 10, 2025, at 4:00 PM, with an anticipated contract start in January 2026. Evaluation of proposals will be based on technical and financial resources, experience and technical skill, approach and timing, record and references, and reasonable costs, with a total possible score of 100 points. The city reserves the right to conduct interviews with proposers, modify the procurement schedule, reject proposals, and negotiate changes in scope or services.

The RFP does not explicitly mention specific set-aside designations or restrictions for disadvantaged enterprises. The document does not provide details about incumbent vendors or current contractors. The total insurance portfolio value suggests a significant contract opportunity, with an annual net premium of $1,400,000 and potential multi-year engagement. While no specific budget range is outlined, the comprehensive nature of the insurance brokerage services and the broad coverage requirements indicate a substantial contract value. The city's procurement approach suggests they are seeking a highly qualified and experienced insurance brokerage firm capable of managing a complex and diverse insurance portfolio across multiple coverage types.