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Virgin Islands Housing Finance Authority·U.S. Virgin Islands

Insurance Brokerage Services

Closes 3/6/2026$100k – $500kRequest for Proposal
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Description

The Virgin Islands Housing Finance Authority is seeking a qualified insurance brokerage firm to provide comprehensive insurance brokerage and risk management services. The selected firm will be responsible for protecting the Authority's financial and operational interests, ensuring adequate and cost-effective insurance coverage, and providing insurance-related advisory guidance. The firm will also be expected to deliver strong claims consulting and advocacy services and maintain transparency regarding compensation and insurer relationships. The scope of work includes providing professional insurance brokerage services that meet the Authority's needs. • The Authority is seeking a firm with demonstrated public-sector expertise and strong claims advocacy capabilities. • The firm will be expected to provide transparent compensation practices and maintain full transparency regarding compensation and insurer relationships. • The firm will be responsible for ensuring insurance coverage is adequate, cost-effective, and compliant with applicable laws and regulations. • The firm will be expected to provide insurance-related advisory guidance related to insured exposures and carrier requirements. • The firm will be responsible for delivering strong claims consulting and advocacy services.

Attached files

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

Contact

Jenee Santos(Procurement and Contracts Department)

[email protected]

Key dates

Opened
1/30/2026
Questions due
2/13/2026
Pre-bid meeting
2/10/2026
Site visit
2/10/2026
Closes
3/6/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
2026-RFP-004

Budget estimate

$100,000 – $500,000

The budget for this opportunity is likely to be in the range of $100,000 to $500,000 per year, considering the scope of work and the services required. The actual budget may vary depending on the specific services provided, the number of employees, and the level of expertise required. The Authority's budget for insurance brokerage services is not explicitly stated, but based on industry standards, it is likely to be a significant portion of their overall budget.

AI estimate from the solicitation

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