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East Bay Municipal Utility District·California

Risk Management and Commercial Insurance Brokering Services

Closes 6/30/2026$3M – $15MRequest for Proposal
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Description

East Bay Municipal Utility District (EBMUD) seeks a qualified insurance brokerage and risk‑management firm to serve as its Broker of Record. The selected firm will provide a full suite of services including loss‑control consulting, claims advocacy, periodic claims‑audit support, contract‑risk review, marketing and placement of the District’s commercial property and casualty program, and advisory services for alternative risk‑financing and captive‑insurance operations. The contract is a three‑year term (with two optional two‑year renewals) and requires the broker to manage a program exceeding $100 million in annual commercial P&C premium, maintain a staffed account team, and deliver regular reporting and analysis. • Provide loss‑control assessments, safety program reviews, and risk‑mitigation recommendations on‑site. • Advise on and support the District’s claims handling, including large property/liability claims and biennial claims‑audit processes. • Review contract language for insurance requirements, indemnities, and other risk‑transfer provisions; assist with captive‑insurance program coordination. • Market, place, and manage the commercial insurance program (property, liability, auto, workers’ comp, etc.), including annual renewal analysis, broker‑of‑record fee negotiation, and quarterly expense reporting.

Attached files

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

Contact

Vladimir Bessarabov(Manager, Risk Management)

[email protected]

(510) 287-0124

Key dates

Opened
5/26/2026
Pre-bid meeting
6/8/2026
Closes
6/30/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Risk Management
NAICS
524210
Solicitation №
4147

Budget estimate

$3,000,000 – $15,000,000

The broker’s compensation will be derived mainly from commissions on the >$100 M annual premium plus any negotiated annual broker‑of‑record fee and ancillary service fees. Assuming a typical commercial brokerage commission of 2‑5 % of premium, annual earnings could range from $2 M to $5 M. Adding a fixed annual broker‑of‑record fee (estimated $500 k‑$1 M) and potential consulting fees for loss‑control, claims‑audit, and captive advisory services, the total three‑year contract value could plausibly fall between $3 M and $15 M.

AI estimate from the solicitation

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