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  5. ›RFP: Third-Party Recovery & Subrogation Services for…

City of Rock Hill·South Carolina

RFP: Third-Party Recovery & Subrogation Services for Property Damage

Closes 10/15/2026$200k – $500kRequest for Proposal
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Description

The City of Rock Hill is soliciting proposals from qualified firms to deliver comprehensive third‑party recovery and subrogation services for property damage across a wide range of municipal assets, including vehicles, utility infrastructure, water and sewer systems, and real property. This contract will require the successful vendor to pursue recoveries from responsible third parties, manage subrogation processes, and coordinate with the City’s insurance carriers to maximize restitution for damages incurred. • Scope covers recovery and subrogation for vehicle and mobile equipment damage, utility poles, signals, streetlights, signage, water/sewer assets, and real property. • Vendor must have proven experience in insurance claim adjustment, legal subrogation, and negotiations with third‑party insurers or entities. • Deliverables include regular reporting, cash flow forecasts, and final settlement documentation, with the goal of recovering the maximum possible value for the City’s losses.

Attached files

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

Contact

Sarah Kesler

[email protected]

(803) 329-7070

Key dates

Opened
9/22/2026
Closes
10/15/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524291
Solicitation №
2124-RFP

Budget estimate

$200,000 – $500,000

No specific budget is disclosed, but municipal subrogation contracts of this nature typically range from $200,000 to $500,000 annually, depending on the volume of claims, recovery rates, and the scope of assets covered. The estimate assumes a mid‑size city with a moderate number of property damage incidents, a professional services fee structure of 10‑20% of recovered amounts, and a multi‑year contract horizon.

AI estimate from the solicitation

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