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  5. ›Broker(s) for Flood and Property Insurance

Houston ISD·Texas

Broker(s) for Flood and Property Insurance

Closes 9/4/2026$200k – $500kRequest for Proposal
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Description

The Houston Independent School District (HISD) is seeking qualified vendors to serve as brokers for flood and property insurance covering all HISD schools and facilities. The selected broker(s) will be responsible for procuring, managing, and administering insurance policies that meet HISD’s liability requirements, provide comprehensive coverage for flood‑related risks, and comply with the district’s Minority/Women Owned Business Enterprises (MWBE) program. The contract term is initially one year (Oct 1 2026 – Sep 30 2027) with up to five automatic annual renewals, not extending beyond Sep 30 2031. Vendors must submit proposals by the close date, attend a virtual pre‑proposal conference, and demonstrate relevant experience and financial stability. • Provide flood and property insurance brokerage services for the entire HISD system. • Ensure coverage meets or exceeds district liability standards and state insurance regulations. • Manage policy issuance, claims handling coordination, and annual renewals. • Demonstrate compliance with HISD’s MWBE participation goals. • Offer competitive pricing and value‑added risk‑management consulting.

Attached files

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

Contact

Jennifer Cortez(Category Specialist)

[email protected]

(713) 556-8936

Key dates

Opened
8/21/2026
Questions due
8/27/2026
Pre-bid meeting
8/25/2026
Closes
9/4/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
524113
Solicitation №
27-08-29

Budget estimate

$200,000 – $500,000

The solicitation does not disclose a budget, but insurance brokerage fees for a large public‑school district typically range from 0.1% to 0.3% of the total premium. Assuming an annual premium of $150 million to $250 million for flood and property coverage, the broker’s fee could be roughly $150,000 – $750,000 per year. Factoring in administrative costs and potential performance incentives, a reasonable estimate for the first contract year is $200,000 to $500,000.

AI estimate from the solicitation

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