ROCIP AUS Insurance Broker of Record and Admin. Services

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Title:  

ROCIP AUS Insurance Broker of Record and Admin. Services

Agency:  

City of Austin

State:  

Texas

NAICS Code:  

524210

Industry:  

Insurance

Solicitation Type:  

Request for Proposal

Solicitation ID:  

RFP 5800 SLW3028

Open Date:  

6/30/2025

Pre-Bid Meeting Date:  

7/8/2025

Questions Due Date:  

7/10/2025

Close Date:  

7/31/2025

Last Updated:  

7/31/2025

Description:
The City of Austin is seeking a Broker of Record to provide consultation, implementation, and administration for the City's latest Rolling Owner Controlled Insurance Program (ROCIP) efforts, specifically for the Austin-Bergstrom International Airport's (AUS) Expansion and Redevelopment Program. The selected broker will be responsible for placing all insurance coverages with insurance carriers licensed to do business in the State of Texas and having an A.M. Best rating of A- VIII or better. The scope of work includes providing insurance design and marketing, binding insurance coverage, administering the program, managing claims, and providing reports and records. Key responsibilities include: * Providing insurance design and marketing services * Binding insurance coverage upon direction from the City/AUS * Administering the ROCIP AUS program, including enrolling contractors and managing claims * Providing monthly and net cost savings reports * Facilitating and documenting annual summaries of all program invoices and payments * Providing a close-out report after the program is fully closed The City is looking for a responsible and experienced broker who can provide high-quality services and ensure the success of the ROCIP AUS program.
Attached Files:

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

Contact Information:

Sandra Wirtanen(Procurement Specialist IV)

sandy.wirtanen@austintexas.gov

(512) 974-7711

Budget Estimate (AI):

$500,000 – $2,000,000

Based on the scope of work and the responsibilities involved, the budget for this contract could be substantial. The City is expecting a high level of expertise and service from the selected broker, and the contract may involve significant insurance premiums and administrative fees. A rough estimate for the budget could be in the range of $500,000 to $2,000,000 per year, depending on the size and complexity of the ROCIP AUS program. However, this is a rough estimate and the actual budget could be higher or lower, depending on various factors such as the number of contractors enrolled, the types of insurance coverage required, and the level of claims activity.

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