Description
The State of Florida’s Department of Management Services is soliciting bids to replace its existing Government Crime Insurance policy. The contract will be awarded to the lowest responsive and responsible bidder based on the calculated premium. The award is a single‑source contract lasting up to five years, covering all state agencies designated as “Eligible Users.” Bidders must be licensed insurance brokers, demonstrate at least ten years of relevant experience, and submit a complete price sheet, mandatory requirements, and certification forms through the MyFloridaMarketplace Business Network. The anticipated contract start date is January 1 2027, with an average historical spend of roughly $149,000 per year.
• Scope: Provide government crime insurance coverage (property, casualty, fidelity) for state agencies.
• Term: Up to 5 years, with possible renewal at Department’s discretion.
• Award Basis: Lowest Calculated Premium (CP) on the price sheet.
• Mandatory Requirements: Valid Florida insurance license(s), 10 years brokerage experience, certification of foreign‑country concerns, drug‑free workplace certification (if applicable).
• Submission: Electronic bid via MyFloridaMarketplace by 2:30 PM Nov 10 2026.
• Pre‑bid: No pre‑bid conference; questions due Oct 5 2026.
• Post‑award: Vendor must register with Florida Dept. of State, submit Florida Substitute W‑9, and maintain annual certification.