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Gilchrist County Board of County Commissioners·Florida

Addendum # 1

Closes 8/6/2026$400k – $600kRequest for Proposal
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Description

This solicitation seeks a qualified insurer or managing general agent to provide comprehensive workers’ compensation, property, and casualty insurance coverage for Gilchrist County, Florida. The scope includes workers’ compensation for county employees, property coverage for county‑owned buildings and contents, and a suite of casualty lines (general liability, inland marine, auto, and optional ancillary coverages). Proposers must submit full insurance proposals using the corrected schedules attached to Addendum 1 and provide five mandatory disclosures covering financial statements, run‑off costs, exit provisions, compensation structures, and limit allocation. The program becomes effective on October 1 2026, with the proposal deadline on August 6 2026. • Required lines: WC, property (buildings $37.3 M, contents $3.9 M), general liability, inland marine, auto (155 units, $6.4 M), optional ancillary lines. • Mandatory disclosures: audited financials, claims run‑off costs, exit/termination provisions, commission/fee details, and dedicated vs. shared limits. • No law‑enforcement liability is solicited; optional pricing may be submitted but is not required. • Proposals must be signed and include the acknowledgment page; failure to do so may be deemed non‑responsive.

Attached files

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

Contact

Todd Newton(Clerk of Court & Comptroller)

[email protected]

(352) 463-3170

Key dates

Opened
7/28/2026
Questions due
7/24/2026
Closes
8/6/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
RFP #26‑01‑P&C

Budget estimate

$400,000 – $600,000

The current program’s total premium is $606,315. Assuming a typical insurer margin of 15‑25 % after expenses, the net revenue to the winning insurer would likely fall between $90,000 and $150,000. However, the client’s earnings (e.g., commissions, fees) could be larger if they act as a broker or MGA taking a higher commission rate (10‑20 % of premium). This yields an estimated budget range of roughly $400,000 – $600,000 in gross premium revenue, with net profit in the lower‑three‑digit‑thousand range. Factors influencing the final amount include the negotiated commission structure, any ancillary line premiums, and potential profit‑sharing arrangements disclosed in the mandatory disclosures.

AI estimate from the solicitation

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