Bid Banana
PricingBid helpAPILog inStart free trial
Log inStart free trial

Learn more

  • Indiana guideIndiana Bids and Bidding Guide
  • Compliance checkHow to Ensure RFP Compliance
  • How to answer an RFPChoosing and Responding to Government Bids
More insurance bids →Must-win bid? Bring in The Bid Lab →
Bid Banana
SearchPricingBid helpBrowse bidsAPISupportFAQPrivacy PolicyTerms of UseAI Use Policy

This website and its content is copyright of The Bid Lab © 2026. The Bid Lab is a trademark of Bid Lab, LLC. All rights reserved.

  1. Bid Banana
  2. ›Bids
  3. ›Indiana
  4. ›Closed bids
  5. ›Property Insurance Brokerage Services

City of Indianapolis·Indiana

Property Insurance Brokerage Services

Closes 7/17/2026$200k – $500kRequest for Proposal
Bid source

This opportunity has closed.

Bid Banana tracks 1.6M+ bids and awards across all 50 states. Save a search and we'll email your new matches, daily or weekly — so the next one reaches you with time to bid.

Get alerted next time

Description

The City of Indianapolis Office of the Controller is seeking a qualified firm to provide property insurance brokerage services. The contractor will act as an intermediary to procure, manage, and administer property insurance coverage for municipal assets, ensuring compliance with regulations and cost‑effective risk management. • Conduct market research and solicit insurance quotes for all city‑owned property. • Analyze coverage options, negotiate terms, and recommend optimal policies to the Controller’s office. • Provide ongoing administration, claims support, and periodic reporting on insurance program performance.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Adrienne Hines(Purchasing Agent)

[email protected]

(317) 327-4975

Key dates

Opened
6/19/2026
Questions due
7/3/2026
Closes
7/17/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
RFP-11EAL-220

Budget estimate

$200,000 – $500,000

No dollar amount is disclosed. For a municipal property insurance brokerage contract covering a sizable portfolio of city assets, typical fees range from 0.5% to 1% of the total insured value, plus administrative fees. Assuming an insured property base of $30‑$80 million, the annual fee could plausibly fall between $150,000 and $800,000. A conservative estimate places the contract value around $200,000 to $500,000.

AI estimate from the solicitation

Similar opportunities

Matched by Bid Banana AI™

Bid Banana · 1.6M+ bids and awards 🍌

You found this one too late. Don't find the next one too late.

Bid Banana searches open government bids across all 50 states, updated daily. Save a search once and we email you your new matches, daily or weekly, while there is still time to win them.

1.6M+
bids & awards
All 50
states
4,000+
agencies
Start your 7-day free trial

Plans from $49.99/month. Cancel anytime, no setup fees.

Built by The Bid Lab, answering RFPs since 2017.

We’re still matching similar opportunities to this one — check back soon.