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Colorado City of Arvada·Colorado

Insurance Broker Services

Closes 11/17/2025$200k – $500kRequest for ProposalLogin required
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Description

The City of Arvada is seeking a qualified firm to provide brokerage and risk management services for its property, casualty, fidelity bond, general liability, umbrella, and other insurance coverages. The successful candidate firm will partner with the City to identify emerging areas of risk, maintain costs, and provide loss control services. The firm will be responsible for assessing the City's insurance needs, marketing the City's insurance coverage requirements to compatible insurance carriers, and administering claims submittals. The firm will also serve as a resource for risk management and loss control services, training, and industry relations. Key aspects of the job include: • Assigning staff to assess the City's insurance needs and provide recommendations • Marketing the City's insurance coverage requirements to compatible insurance carriers • Representing the City in negotiations with insurers or prospective insurers • Administering claims submittals • Providing options for financing insurance premiums • Serving as a resource for risk management and loss control services, training, and industry relations • Providing an annual report detailing the City's insurance program structure

Attached files

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

Contact

Melanie Ortiz(Administrative Contact)

[email protected]

(720) 898-7092

Key dates

Opened
10/21/2025
Questions due
11/3/2025
Pre-bid meeting
10/27/2025
Closes
11/17/2025

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
25-RM-085

Budget estimate

$200,000 – $500,000

The budget for this opportunity is likely to be in the range of $200,000 to $500,000 per year, considering the scope of work and the City's budget. The firm will be responsible for providing insurance brokerage and risk management services, which may involve a combination of fees and commissions. The City's budget for the current insurance program is not explicitly stated, but it can be estimated based on the City's annual budget of over $360 million.

AI estimate from the solicitation

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