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WashingtonCoAR·Arkansas

PROPERTY INSURANCE

Closes 5/19/2025$500k – $2MRequest for Proposal
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Description

The Washington County is soliciting proposals from qualified firms or individuals to provide insurance coverage for buildings and building contents. The proposal should include a letter of intent from an insurance company authorized to do business in the State of Arkansas, and the bidder must procure and maintain the required insurance coverage for the life of the contract. The contract will be awarded to the proposal with the lowest responsible and responsive bid that complies with the specifications listed. The bidder must meet or exceed existing coverage, and all policies will begin on July 1, 2025. The proposal should include the name of the provider/company, and the provider/company must have a B+ (XV) or above rating. • The bidder must quote 100% of all items within each category and list brand names on the items bid. • The bidder must comply with all local, state, and federal laws, including affirmative action and equal employment opportunity responsibilities. • The bidder must provide a certificate of compliance relating to any laws and regulations. • The contract may be terminated with a 30-day written notice.

Attached files

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

Contact

[email protected]

Key dates

Opened
5/16/2025
Questions due
5/9/2025
Closes
5/19/2025
Duration
2 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524130
Solicitation №
RFP 2025-04

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is difficult to estimate without more information about the specific insurance coverage and premiums. However, based on the fact that the contract is for property insurance coverage for buildings and contents, the budget could be in the range of $500,000 to $2,000,000 per year, depending on the scope of the coverage and the number of buildings and contents insured. The contract may be for a minimum of 2 years, with the possibility of renewal.

AI estimate from the solicitation

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