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  5. ›RFP Insurance Brokerage Services: OCIP Phase VII

City of Portland·Oregon

RFP Insurance Brokerage Services: OCIP Phase VII

Closes 2/7/2025$500k – $2MRequest for Proposal
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Description

The City of Portland is seeking proposals for insurance brokerage services for the Owner-Controlled Insurance Program (OCIP) Phase VII. The city received three responsive proposals from Marsh USA LLC, Propel Insurance Agency LLC, and Willis Towers Watson Insurance Services West, Inc. The proposal includes providing insurance brokerage and administrative services. • The RFP is for a single contract to provide insurance brokerage services. • The contract will be awarded based on the best proposal received. • The city is looking for a provider with experience in providing insurance brokerage services for large-scale construction projects. • The proposal should include a detailed description of the provider's experience and qualifications. • The city reserves the right to reject any or all proposals.

Attached files

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

Contact

Kaci Spurlock(Sr. Procurement Specialist)

[email protected]

(503) 823-6235

Key dates

Opened
12/16/2024
Closes
2/7/2025

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524298
Solicitation №
00002477

Budget estimate

$500,000 – $2,000,000

Based on the information provided, it is difficult to estimate the exact budget for this contract. However, considering that the City of Portland is seeking insurance brokerage services for a large-scale construction project, the budget could be substantial. The budget may be influenced by factors such as the scope of the project, the provider's experience and qualifications, and the level of competition. A rough estimate for the budget could be in the range of $500,000 to $2 million per year, depending on the specifics of the contract.

AI estimate from the solicitation

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