Resident Fund Surety Bond Insurance

The Kansas Office of Veteran's Services is seeking competitive bid proposals for Resident Fund Surety Bond Insurance for the Kansas Soldiers' Home and Kansas Veterans' Home, which is a critical requirement for obtaining licensure. The procurement involves two distinct facilities: the Kansas Soldiers' Home at Ft. Dodge requiring a $500,000 aggregate bond amount, and the Kansas Veterans' Home at Winfield requiring a $400,000 aggregate bond amount. Bidders must be duly authorized representatives of an insurance company licensed in Kansas and must comply with K.S.A. Chapter 40 requirements. The contract period will span three years, from October 1, 2025, to October 1, 2028, with bidders required to specify whether their premium is for an annual policy subject to rerate or a multi-year policy with guaranteed three-year premiums/rates. The bid event (ID 17300-EVT0010470) is open from August 25, 2025, to September 25, 2025, with a bid submission deadline of September 25, 2025, at 2:00 PM CDT. Successful bidders must provide a binder of coverage before the contract effective date and furnish itemized loss figures annually.

The procurement includes several set-aside designations and preferences for bidders, including opportunities for Disabled Veteran Owned Businesses, State Use Purchases, and Certified Businesses. Bidders must submit a Tax Clearance Certificate and complete various forms related to Immigration Reform, Sexual Harassment, and Boycott of Israel. The state encourages bidders to take steps to discourage human trafficking and emphasizes compliance with state tax laws and immigration regulations. Payment terms are NET30, and the state demonstrates a preference for three-year policy terms. While specific budget ranges are not explicitly stated, bidders will quote premiums under two options: with and without State of Kansas indemnification. The solicitation allows for only US Dollars as the acceptable currency, and bids will be submitted to the Department of Administration, Procurement and Contracts in Topeka, Kansas, with a shipping destination for the surety bond also located in Topeka.