RFP No. 25-1364 Insurance Consulting and Risk Management Services

The Brazos River Authority (BRA) has issued Request for Proposals (RFP No. 25-1364) for Insurance Consulting and Risk Management Services, seeking experienced consultants to provide comprehensive support across multiple risk domains. The procurement targets a one-year contract with potential renewal options for up to four additional years, totaling a possible five-year engagement. Specific services include reviewing and developing insurance requirements in contracts, conducting detailed risk analyses across operational, liability, property, and environmental dimensions, and performing property valuation reviews in collaboration with the Texas Municipal League. Respondents must possess a State of Texas Risk Management Consultant License and demonstrate substantial experience working with governmental entities. The proposal evaluation will focus on qualifications, understanding of Texas state laws and regulations, and professional references. Proposals are due by 10:00 AM on May 12, 2025, and will be opened virtually, with compensation structured on a time and materials basis featuring a mutually agreed upon not-to-exceed amount.

While no specific set-aside designations or disadvantaged enterprise requirements are explicitly mentioned in the documentation, the RFP indicates the BRA currently manages approximately 200 active contract insurance certificates using myCOI tracking software. The scope of services encompasses critical infrastructure assessment, including evaluations of dams, water and wastewater treatment plants, and various facilities located across Texas. The BRA will require comprehensive risk management support that integrates with their existing technological infrastructure and provides strategic insights into potential operational vulnerabilities. Though a precise budget range is not specified, the contract's complexity and breadth suggest a substantial investment in professional risk management services. Potential respondents should be prepared to demonstrate extensive governmental sector experience, technological adaptability, and a nuanced understanding of risk mitigation strategies specific to municipal and regional infrastructure management.