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North Carolina Wake Technical Community College·North Carolina

RFP- General Liability Insurance Brokerage Services

Closes 8/31/2026$225k – $450kRequest for Proposal
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Description

Wake Technical Community College (WTCC) is soliciting qualified insurance firms to provide comprehensive general‑liability insurance brokerage services, including claims assistance, market placement, and management of a wide array of coverages (property, cyber, workers’ compensation, umbrella, etc.) for its 70,000+ students and staff across multiple campuses. The contract is a three‑year agreement with a 30‑business‑day start after execution. Vendors must be NC‑registered, submit proposals via the state e‑Procurement portal, and demonstrate technical expertise, relevant higher‑education experience, and competitive pricing. Evaluation will weight technical approach (40%), project organization (20%), vendor experience (20%), and price (20%). • Scope: brokerage, policy placement, claims support for over 20 insurance lines. • Term: 3 years, with work commencing within 30 business days of award. • Submission: electronic via Ariba; deadline August 31 2026, 2:00 PM ET. • Mandatory vendor qualifications: NC registration, E‑Verify compliance, certifications. • Evaluation criteria emphasize technical solution and relevant experience with higher‑education institutions.

Attached files

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

Contact

Landis Fisher(Procurement and Contracts Manager)

[email protected]

(919) 866-5832

Key dates

Opened
8/19/2026
Questions due
8/24/2026
Pre-bid meeting
8/24/2026
Closes
8/31/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524126
Solicitation №
Doc2304847411

Budget estimate

$225,000 – $450,000

The RFP calls for “broker compensation (flat fee)” and does not disclose a total contract value. Based on comparable community‑college insurance brokerage contracts, annual brokerage fees typically range from $75k to $150k, depending on portfolio size and risk exposure. Over a three‑year term, the vendor could expect total earnings of roughly $225k‑$450k. Factors influencing the final amount include the number of policies managed, the premium volume, and any performance‑based incentives.

AI estimate from the solicitation

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