RFP #1162559 - Property and Casualty Insurance Broker Services

TitleRFP #1162559 - Property and Casualty Insurance Broker ServicesIDBPM043601Alternate IDLot #1Round #1StatusOpen[imp]OpenClosedResponses OpenedApprovedDraftDue / Close Date (EST)Due / Close Date (EST)Solicitation TypePublic NoticePublic NoticePORFPRequest for Information & PricingRequest for InformationRequest for QuoteTechnical Envelope (Multi-Step)RFR - CATS SpecificFinancial Envelope (Multi-Step)IFB: Invitation for BidIFB: Invitation for Bid (w/ Min Quals)Price OnlyRFP: Double Envelope ProposalTORFPCost breakdownRFP: Triple Envelope ProposalService purchase - Fixed FeeService purchase - T&MQuick QuoteMain CategoryIssuing AgencyProcurement Officer / BuyerSheronda BALTIMORESee AllEmailSolicitation SummaryThis solicitation will be issued through BidNet's Maryland Purchasing Group ( https://www.bidnetdirect.com/maryland/montgomerycounty). In the spirit of continuous improvement,

Montgomery County utilizes this platform to post solicitations and accept electronic responses from vendors. Registration is required and FREEfor all Montgomery County solicitations by selecting the "Limited" option upon registration. IF YOU NEED HELP REGISTERING, please call BidNet Direct’s Support Department at 800-835-4603.The Montgomery County Government, as authorized by County code, operates the Montgomery County Self-Insurance Program (MCSIP). This program has been in existence since July 1, 1978. The program provides self-insurance and commercial coverage to its members. Current members are Montgomery County Government, Montgomery County Public Schools, Montgomery Community College, Montgomery County Revenue Authority, Housing Opportunities Commission of Montgomery County, Rockville Housing Enterprises, Maryland-National Capital Park and Planning Commission, Town of Somerset, City of Gaithersburg, Bethesda Urban Partnership, Village of Friendship Heights, the Village of Drummond, Chevy Chase Village, and the Town of Garrett Park. The independent fire corporations within Montgomery County participate for Workers' Compensation coverage.Coverage provided through the insurance program includes Workers' Compensation, General Liability, Automobile Liability, Automobile Physical Damage, Excess Liability, Public Officials Liability, Fiduciary Liability, Crime, Public Official Bonds, Railroad Protective Liability Policy and Real and Personal Property and miscellaneous other policies. Real and Personal Property is commercially insured above a retention of $250,000 (direct writer). A separate commercial Property Policy for the Waste-to-Energy Plant is maintained. Liability coverage is retained to $3,000,000 per occurrence. Commercial Excess liability coverage over the retained limit has been purchased for the program. Cyber Liability and other specialty coverages are also placed through this program.The Montgomery County Department of Finance, Division of Risk Management, is soliciting proposals from qualified insurance brokers to provide marketing, placement of insurance policies, and other broker services for the County's property and casualty program as listed below in 5.1.1 and 5.1.2.Additional InstructionsProject Cost ClassPre-Bid Conference InformationPre-Bid Conference Date (EST)Pre-Bid Conference DetailsMicrosoft Teams Meeting (See Solicitation for Details)Small Business Reserve DesignationNoYesNo Procurement Program Participation GoalsVSBE Participation (%)MBE Participation (%)African American MBE Participation (%)Asian American MBE Participation (%)Hispanic American MBE Participation (%)Women-Owned MBE Participation (%)DBE Participation (%)SBE Participation (%)