Propery Insurance

Open State & local contract opportunity Posted

Solicitation number
2605SM
State
Texas
Responses due

Opportunity facts

NIGP code
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Point of contact

Opportunity details come from txsmartbuy.com. Updated .

About this opportunity

The Texas Facilities Commission is requesting quotations for property insurance coverage through the Texas SmartBuy cooperative purchasing program, with quotations due December 1, 2026. The solicitation seeks comprehensive property damage insurance for state-owned or state-occupied facilities and assets, including specified coverage limits, deductibles, and risk management services.

Qualified insurance providers must submit competitive rates with detailed premium schedules and coverage terms. Proposals should address claims handling capabilities, financial stability ratings, and experience serving public sector entities comparable to state government operations. The contract structure follows Texas SmartBuy framework agreements, allowing for multi-year procurement relationships with potential extension periods.

The solicitation may include set-aside considerations for small businesses or other designated vendor classifications under Texas procurement preferences. Incumbent carriers may be considered for renewal. Funding derives from the general operations budget of participating state agencies utilizing the contract vehicle.

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