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North Dakota State Mill and Elevator·North Dakota

Property and Casualty Insurance Broker

Closes 3/17/2026$50k – $200kRequest for Proposal
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Description

The State Mill and Elevator of North Dakota is seeking an experienced insurance broker to evaluate, compare, and recommend property‑and‑casualty insurance options for the agency. The broker will assess market availability, service levels, cost structures, and placement strategies, then provide guidance on selecting and securing appropriate coverage. This effort is advisory in nature and does not involve underwriting or issuing policies. • Conduct a comprehensive market analysis of P&C insurance carriers and products. • Evaluate service offerings, pricing models, and placement mechanisms. • Produce a recommendation report outlining optimal coverage options and cost‑effective placement strategies. • Assist the agency in the selection and negotiation process with chosen insurers. • Provide ongoing advisory support through the policy placement phase.

Attached files

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

Contact

Cathy Dub(Procurement Officer)

[email protected]

(701) 795-7232

Key dates

Opened
2/24/2026
Closes
3/17/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
SRC000114

Budget estimate

$50,000 – $200,000

No contract value is disclosed. For a state‑wide insurance brokerage effort that includes market analysis, recommendation reporting, and placement assistance, typical consulting fees range from $50,000 for a short‑term advisory engagement to $200,000 for a more extensive multi‑month project involving detailed negotiations and ongoing support. The estimate assumes a 2‑3 month effort with senior consulting rates (≈ $150‑$250 per hour) and travel/administrative costs.

AI estimate from the solicitation

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