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  5. ›Alaska Marine Highway System (AMHS) Marine License Insurance

Department of Transportation & Public Facilities, Alaska Marine Highway System (AMHS)·Alaska

Alaska Marine Highway System (AMHS) Marine License Insurance

Closes 6/2/2025$500k – $2MInvitation for Bid
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Description

The Alaska Marine Highway System (AMHS) is seeking bids for a Marine License Insurance policy to cover its Masters, Mates, and Pilots. The policy should include Comprehensive License Defense, Basic License Defense, Loss of Income, Subsistence Allowance, Professional Equipment, and Instruments. The contract will be for a period of one year, with the option to renew for four additional one-year terms. The successful bidder will be required to provide coverage for 79 AMHS employees. • The bidder must have an A.M. Best Financial Strength Rating (FSR) of B+ or above. • The bidder must have experience providing Marine License Insurance in the United States within the last five years. • The bidder must provide a copy of their current State insurance license or proof of representation by an Alaska-licensed insurance agent. • The bidder must agree to provide coverage to AMHS-employed deck officers as outlined in the ITB. • The bidder must comply with all applicable laws and regulations, including the Americans with Disabilities Act and the Equal Employment Opportunity Act.

Attached files

Contact

Cherish Petrenchak(Procurement Officer)

[email protected]

(907) 465-8447

Key dates

Opened
5/13/2025
Closes
6/2/2025
Projected award
6/13/2025
Duration
1 year

Last updated

Details

Type
Invitation for Bid
Industry
Insurance
NAICS
524126
Solicitation №
ITB # 2526S001

Budget estimate

$500,000 – $2,000,000

The budget for this contract is likely to be in the range of $500,000 to $2 million per year, based on the number of employees to be covered and the types of insurance required. This estimate is rough and may vary depending on the specifics of the bid and the insurance market at the time of award.

AI estimate from the solicitation

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