PROPERTY & CASUALTY INSURANCE

The Edinburg Consolidated Independent School District is seeking proposals from vendors to provide Property and Casualty Insurance. The contract will be for a two-year term with an extension of three years, renewed annually, with the option to terminate the contract during the term or at the end of each anniversary date on sixty days' notice. The selected vendor will be required to provide coverage for various risks, including Named Storm, Wind & Hail, Flood, Earth Movement, Equipment Breakdown, Data Compromise, Inland Marine, General Liability, Employee Benefits, Auto Liability, and Auto Physical Damage. Some key points to consider are: * The district has 32,391 students and 4,833 employees. * The current policy has a $100,000 deductible per occurrence. * The replacement values of the district's buildings are updated annually using current replacement costs. * The vendor must have a general policyholder's rating of A- or better as published by A.M. Best Company. * The vendor must provide a certificate of agent's errors and omissions coverage with a minimum limit of $2 million aggregate and a maximum deductible of $100,000. * The vendor must assign a minimum of one qualified account representative to service the district. * The vendor must provide monthly loss runs and an acknowledgement of receipt of a claim within 7 working days. Some of the evaluation factors for the proposal include: * The purchase price * The reputation of the vendor and of the vendor's goods and services * The quality of the vendor's goods or services * The extent to which the goods or services meet the district's needs * The vendor's past relationship with the district * The total long-term cost to the district to acquire the vendor's goods or services * Other relevant factors specifically listed in the proposal specifications.