Insurance Consulting Services

The City of Pittsburgh's Office of Management and Budget, acting on behalf of the Department of Law, is seeking insurance consulting services through RFP #2023-RFP-239. The procurement aims to secure comprehensive insurance and risk management consultation to ensure appropriate insurance coverage for the city's operations and agreements. Qualified insurance professionals and firms are invited to submit proposals that demonstrate expertise in evaluating and recommending insurance strategies consistent with industry standards. The RFP requires a detailed project approach, with proposals evaluated across five key criteria: firm qualifications and references (15 points), project team qualifications (25 points), project approach and plan (35 points), cost proposal (15 points), and demonstration of minority, women-owned, and veteran-owned business participation (10 points). Key dates include a non-mandatory pre-proposal meeting on November 6, 2023, and proposal submissions due by November 21, 2023, at 5:00 pm. The evaluation process is expected to occur in November 2023, with a contract award anticipated in December 2023. Proposals must be submitted electronically through the city's e-Procurement Portal.

The City of Pittsburgh has established specific goals for minority business participation, including 18% for minority-owned businesses, 7% for women-owned businesses, and 5% for veteran-owned small businesses. Respondents must complete various forms, including a vendor questionnaire, contact sheet, registration form, and provide a W-9 and authorized signatory information. While the specific budget range is not explicitly stated, the comprehensive nature of the insurance consulting services suggests a significant procurement opportunity. The RFP is open to professional insurance consulting firms that can demonstrate expertise in risk management, insurance strategy, and comprehensive coverage assessment. Prospective bidders should be prepared to provide detailed documentation of their qualifications, team expertise, and approach to addressing the city's insurance and risk management needs. The procurement appears to be structured to encourage participation from diverse business enterprises while ensuring the selection of a highly qualified insurance consulting partner.