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Insurance Broker Services for SORM
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Title:  

Insurance Broker Services for SORM

Agency:  

State of Colorado, Department of Personnel & Administration

State:  

Colorado

NAICS Code:  

524210

Industry:  

Insurance

Solicitation Type:  

Request for Proposal

Solicitation ID:  

RFP-AABA-2026000135-1

Open Date:  

1/9/2026

Questions Due Date:  

1/21/2026

Close Date:  

2/11/2026

Projected Award Date:  

4/1/2026

Last Updated:  

Description:
The State of Colorado is seeking insurance broker services for its State Office of Risk Management. The selected vendor will provide insurance brokerage services, including risk management and insurance consulting. The contract is expected to be awarded in April 2026, and the vendor will be required to comply with all applicable state and federal laws, rules, and regulations. • The vendor must have experience in providing insurance brokerage services to similar organizations. • The vendor must have a strong understanding of risk management and insurance consulting. • The vendor must be able to provide a comprehensive approach to insurance brokerage services. • The vendor must be able to demonstrate its ability to meet the requirements of the solicitation. • The vendor must be able to provide a detailed proposal outlining its approach, experience, and qualifications.
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Phil Rollins(Purchasing Agent)

[email protected]

Budget Estimate (AI):

$500,000 – $2,000,000

Based on the information provided, it's difficult to estimate the exact budget for this contract. However, considering the scope of work and the fact that it's a state-level contract, the budget could be substantial. A rough estimate could be in the range of $500,000 to $2,000,000 per year, depending on the services provided and the number of employees covered. This estimate is based on industry standards for insurance brokerage services and the potential size of the state's risk management needs.

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