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  5. ›USG- Public Private Venture (PPV) Insurance

Board of Regents of the University System of Georgia·Georgia

USG- Public Private Venture (PPV) Insurance

Closes 6/11/2026$500k – $3MRequest for Proposal
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Description

The University System of Georgia (USG) is seeking an experienced insurance brokerage firm to provide comprehensive insurance services for its Public‑Private Venture (PPV) real‑estate portfolio, valued at over $3.5 billion. The contract will cover design of coverage, strategic risk‑financing consulting, procurement and placement of policies, marketing, policy administration, claims assistance, and detailed reporting/analytics. The award will be a 12‑month term with up to four optional one‑year renewals, and the broker must be licensed in Georgia and comply with state procurement, e‑Verify, and data‑security requirements. • Design and implement general‑liability and property insurance programs for a multi‑entity higher‑education portfolio. • Provide risk‑financing consulting, annual marketing, policy placement, and ongoing policy administration (endorsements, certificates, reporting). • Deliver claims assistance, quarterly loss‑run reports, and a 6‑month stewardship report; maintain U.S.‑only resources and meet Georgia insurance licensing and security standards.

Attached files

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

Contact

Ben Adamson(Contact)

robert.adamson@usg.edu

(404) 962-3228

Key dates

Opened
5/14/2026
Closes
6/11/2026
Duration
12 months

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
47200-eRFP-000001746-2026

Budget estimate

$500,000 – $3,000,000

No contract value is disclosed. Based on the $3.5 B portfolio, annual premiums are likely in the 1–2 % range ($35‑70 M). Broker commissions and annual service fees typically range from 1‑3 % of premiums, plus a fixed annual administration fee. Assuming a 1.5 % commission plus a $500 k‑$1 M annual fee, the contract’s annual revenue could fall between $500,000 and $3,000,000. Factors influencing the amount include the final premium size, commission rate negotiated, and any additional fee‑for‑service items (e.g., reporting, risk‑financing consulting).

AI estimate from the solicitation

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