Consultant/Insurance Broker Services
Title:  

Consultant/Insurance Broker Services

Agency:  

Montgomery County OH

State:  

Ohio

NAICS Code:  

524210

Industry:  

Insurance

Solicitation Type:  

Request for Proposal

Solicitation ID:  

PP-2025-0050

Open Date:  

7/11/2025

Questions Due Date:  

7/23/2025

Close Date:  

8/6/2025

Project Duration:  

2 years

Last Updated:  

8/2/2025

Description:
Montgomery County, Ohio is seeking a consultant/insurance broker to provide a full range of brokerage and risk management services. The successful respondent will be required to enter into a two-year agreement, with the option to extend for up to three additional one-year terms. The consultant/insurance broker will provide services including marketing and placement of insurance coverages, bonds, and consulting on coverage issues and self-insurance operations. The county prefers a flat annual fee in lieu of commissions. Key responsibilities include providing broker services, acting as an insurance and risk management advisor, and conducting annual in-person stewardship meetings. The consultant/insurance broker will also be required to provide a certificate of errors and omissions coverage with limits of $10,000,000 and an A.M. Best rating of no less than A: VII. • The consultant/insurance broker will provide a full range of brokerage and risk management services • The agreement will be for two years, with the option to extend for up to three additional one-year terms • The consultant/insurance broker will provide a certificate of errors and omissions coverage with limits of $10,000,000 and an A.M. Best rating of no less than A: VII • The county prefers a flat annual fee in lieu of commissions • The consultant/insurance broker will provide services including marketing and placement of insurance coverages, bonds, and consulting on coverage issues and self-insurance operations
Attached Files:

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

Contact Information:

Jessica Shirley(Purchasing Department Contact)

shirleyj@mcohio.org

(937) 225-5401

Budget Estimate (AI):

$200,000 – $1,000,000

The budget for this contract is likely to be in the range of $200,000 to $500,000 per year, based on the scope of work and the preference for a flat annual fee in lieu of commissions. The total budget for the two-year agreement could be around $400,000 to $1,000,000, with the option to extend for up to three additional one-year terms. The actual budget will depend on the proposal submitted by the successful respondent and the negotiations with the county. Factors that may influence the likely payment range include the level of expertise and experience of the consultant/insurance broker, the complexity of the risk management services required, and the level of competition for the contract.

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