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  5. ›Addendum No. 1 to 26-025 Workers Compensation Insurance

City of Pawtucket·Rhode Island

Addendum No. 1 to 26-025 Workers Compensation Insurance

Closes 5/28/2026$200k – $500kRequest for Proposal
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Description

The City of Pawtucket is seeking proposals from qualified insurance providers to supply workers‑compensation insurance coverage for its municipal employees across multiple class codes. The solicitation’s only quantitative inputs are the revised estimated payroll figures for each class, which insurers will use to calculate premiums. Bidders must acknowledge Addendum #1 and use the updated Appendix D; failure to do so may result in a non‑responsive bid. This opportunity is purely insurance‑focused with no construction or services component. • Scope: Workers‑compensation insurance for all city employee classifications listed in Appendix D. • Requirements: Submit a pricing proposal based on the revised payroll totals; acknowledge the addendum on the bid form. • Evaluation: Likely based on premium cost, coverage terms, and insurer’s qualifications.

Attached files

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

Contact

Peter Wingate(Purchasing Director)

(401) 728-0500

Key dates

Opened
5/28/2026
Closes
5/28/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
26-025A1

Budget estimate

$200,000 – $500,000

Based on the total estimated payroll of approximately $16.8 million and typical workers‑comp premium rates ranging from 0.8 % to 2 %, the expected annual premium revenue for the winning insurer would be between $130,000 and $340,000. Assuming a modest profit margin of 10‑15 % on premium, the insurer’s net earnings could fall roughly between $200,000 and $500,000, depending on the final rate negotiated and risk classification.

AI estimate from the solicitation

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