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City of Charlotte·North Carolina

Property and Casualty Claims Third Party Administrator

Rolling / TBD close$1M – $5MRequest for Proposal
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Description

The City of Charlotte’s Risk Management office is seeking a qualified third‑party administrator to handle property and casualty claims for the City, Mecklenburg County, Medic, and Charlotte‑Mecklenburg Schools. The vendor will conduct field investigations, maintain claim files, coordinate litigated claims, pursue sub‑rogation opportunities, provide loss mitigation services, and establish initial reserves. Two contract options are offered: full claim services or partial field‑service only, with a multi‑year term and an anticipated total value between $1 M and $5 M. • Perform on‑site and after‑hours claim investigations. • Manage claim documentation, reserves, and sub‑rogation efforts. • Offer either comprehensive claim administration or limited field services.

Attached files

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

Contact

Kasandra Davis

[email protected]

Key dates

Opened
4/27/2024
Closes
Rolling / TBD

Last updated

Details

Type
Request for Proposal
Industry
Risk Management
NAICS
524291
Solicitation №
2024-Q2(Apr-Jun)-FN-14156

Budget estimate

$1,000,000 – $5,000,000

The solicitation states an anticipated total project value of $1,000,000‑$4,999,999. Assuming the contract fee reflects the full value (typical for claim‑administration services), the client could expect earnings within that range. Factors influencing the final amount include the chosen contract option (full vs. partial services), the actual volume of claims processed, and any performance‑based incentives for sub‑rogation recoveries.

AI estimate from the solicitation

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