Purchase of Commercial Insurance Lines of Coverage

The Alamo Colleges District, a public junior college district in Texas, is issuing a Request for Proposal (RFP) to solicit proposals for commercial insurance coverage. The required coverage includes property, boiler and machinery, general liability, automobile liability and physical damage, crime, excess workers compensation and employers' liability, medical professional liability, foreign liability and accident, student accident and health, cyber risk, pollution, student medical professional liability, educators legal liability, and umbrella insurance. The RFP has a submittal deadline of June 5, 2024 at 2:00 pm CT, and the contract term is anticipated to begin upon award and terminate on May 31, 2027, with the option to automatically renew for three additional one-year periods. Proposals will be evaluated based on purchase price, quality of vendor's goods and services, and the extent to which the goods and services meet the District's needs. Respondents must meet certain minimum qualifications related to financial strength, licensing, and exclusivity, and the awarded contractor(s) will be required to provide various administrative and reporting services in addition to the insurance coverage.

The RFP does not specify any set-aside designations or restrictions on the types of organizations that can respond. The document also does not provide information on any incumbent vendors or current contractors, nor any existing infrastructure or technology that requires integration. The RFP does not list a specific award value or budget range for this procurement.