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  5. ›90922 Casualty Insurance and Bond Brokering Services

LA Water & Power·California

90922 Casualty Insurance and Bond Brokering Services

Closes 10/1/2026$200k – $500kRequest for Proposal
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Description

The Los Angeles Department of Water and Power (LADWP) is seeking a qualified vendor to provide casualty insurance and bond brokering services. The contract will cover procurement of insurance policies and the arrangement of performance bonds needed for LADWP operations. All proposals must be submitted electronically through the eRSP system; hard‑copy submissions are not accepted. The solicitation includes standard bid requirements and will be evaluated based on technical capability, experience in insurance brokerage, and cost. • Scope: Provide casualty insurance coverage and act as broker for required performance bonds. • Delivery: Electronic submission via eRSP (link provided). • Timeline: Posting 2026‑08‑19, submission deadline 2026‑10‑01. • Evaluation: Technical competence, relevant experience, pricing. • Required documentation: Standard bid forms, proof of licensing, insurance/bonding experience.

Attached files

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

Contact

Jose E. Carlos

[email protected]

(213) 367-2250

Key dates

Opened
8/19/2026
Closes
10/1/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
90922

Budget estimate

$200,000 – $500,000

The solicitation does not disclose a contract value. Typical casualty insurance and bond brokerage contracts for a large municipal utility like LADWP range from a few hundred thousand dollars to low‑single‑million dollars, depending on coverage limits and bond volume. Assuming a moderate scope, a reasonable estimate is $200,000 – $500,000 in total fees and commissions. Factors influencing the final amount include the size of the insured portfolio, bond amounts required, and the vendor’s fee structure (percentage‑of‑premium vs. flat fee).

AI estimate from the solicitation

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