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Request for Proposal - Insurance Broker of Record
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Title:  

Request for Proposal - Insurance Broker of Record

Agency:  

NYS Nassau County

State:  

New York

NAICS Code:  

5242

Industry:  

Financial Services

Solicitation Type:  

Request for Proposal

Solicitation ID:  

RFP# BU0203-2650

Open Date:  

2/10/2026

Close Date:  

3/5/2026

Project Duration:  

5 years

Last Updated:  

Description:
Nassau County, New York is currently soliciting proposals from qualified professionals and entities for the selection of an Insurance Broker of Record. All bidders must be licensed and authorized to do business in the State of New York. The purpose of the RFP is to provide the County with proposals and recommendations for insurance brokerage and consulting services. The services shall encompass all brokerage and consulting services for insurance renewals, including a thorough policy renewal presentation with recommendations, analysis of proposed coverage and policies issued, loss control meetings with County officials and consultants, and carrier negotiations. Types of coverage that the Broker will assist with include but are not limited to Environmental, Aviation, Liability, Property, and Excess. The RFP documents can be obtained here: Public Formal Solicitations Use of a wholesale broker is not recommended and, if proposer will use a wholesale broker, it must be disclosed in the proposal. Nassau County is committed to a policy of equal opportunity and does not discriminate against vendors on the basis of age, sex, sexual orientation, race, color, creed, religion, ethnicity, national origin, disability, marital status, familial status, veteran status or any other basis protected under federal, state, and local laws, regulations, and ordinances. Business enterprises awarded an identical or substantially similar procurement contract within the past five years: Arthur J. Gallagher Insurance Company Service-Disabled Veteran-Owned Business (SDVOB) SDVOB Goal: 6.00% Minority / Women Business Enterprise contracting goals (MWBE) Total MWBE Goals: 15.00% Disadvantaged Business Enterprise contracting goals (DBE) DBE Goal: 0.00%
Attached Files:

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

Contact Information:

Renee Reddy(Senior Budget Examiner)

rreddy@nassaucountyny.gov

(516) 571-0799

Budget Estimate (AI):

$2,500,000 – $10,000,000

The budget for this opportunity is difficult to estimate, as the document does not provide a specific dollar amount. However, considering the scope of work and the fact that the contract term is five years with a possible two-year extension, it is likely that the budget will be substantial. A rough estimate could be in the range of $500,000 to $2 million per year, depending on the services provided and the level of expertise required. This estimate is based on industry standards for insurance brokerage services and the size of the County.

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