The County of Los Angeles is seeking qualified insurance brokers to provide real property insurance services for properties managed by the Public Administrator. The selected contractors will be added to a master list and will provide insurance coverage for various types of properties, including improved and vacant properties. The contractors will be responsible for designing, marketing, and obtaining quotations for insurance products, as well as providing low-cost liability insurance for vacant land. The contractors will also be required to provide monthly reports and training to the Public Administrator. The contract term is for five years, with the option to extend for up to three additional years.
• The contractor must have a minimum of three years of experience providing similar services.
• The contractor must have an administrative business office located within the County or a contiguous county.
• The contractor must have a valid California insurance broker or agent's license.
• The contractor must demonstrate financial stability and have the necessary insurance coverage.
• The contractor must comply with all applicable laws and regulations, including the California Public Records Act.
• The contractor must provide proof of WebVen registration and have a County WebVen Number.
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