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  5. ›RFP Workers' Compensation Insurance

Georgia Colquitt County Board of Commissioners·Georgia

RFP Workers' Compensation Insurance

Closes 11/19/2026$100k – $250kRequest for Proposal
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Description

• Scope: Provide full workers’ compensation insurance (statutory limits) and employer’s liability up to $2 M per accident/employee. • Coverage period: 01‑Jan‑2027 to 01‑Jan‑2028 (one‑year term, renewable annually). • Payroll exposure: $14.26 M across 266 employees (various classifications). • Required carrier qualifications: AM Best A‑VIII or better, at least five GA county/municipal clients, licensed in GA. • Broker/agent qualifications: ≥5 years experience with public entities, GA insurance license, three GA references, disclose all fees/commissions. • Submission deadline: 10:00 AM ET, 19 Nov 2026; proposals must include original + four copies. • Award authority: Colquitt County Board of Commissioners; selection committee will evaluate qualifications and negotiate.

Attached files

Contact

Lena Mercer(Purchasing Agent)

[email protected]

(229) 616-7087

Key dates

Opened
10/19/2026
Closes
11/19/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
524210
Solicitation №
PE-77891-NONST-2027-000000111

Budget estimate

$100,000 – $250,000

Based on the County’s total payroll of $14.26 M and typical workers’ compensation rates in Georgia (approximately 0.5‑1.5 % of payroll for the classifications listed), the annual premium is likely to fall between $70,000 and $215,000. The lower end assumes favorable loss experience and a competitive carrier; the higher end reflects higher risk classifications (e.g., police, road construction) and potential administrative fees. Therefore, the expected revenue for the winning broker/agent (premium plus any commissions) is estimated in the $100k‑$250k range.

AI estimate from the solicitation

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