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Awarded contract·Gilchrist County Board of County Commissioners·Florida

Bid Results for Workers’ Compensation, Property, and Casualty Insurance Coverages –

Won by Foundation Risk Partners, LLC d/b/a Acentria Public Risk$5MSingle Award
Contract source

Awarded vendors

  • Foundation Risk Partners, LLC d/b/a Acentria Public Risk

Description

This notice announces Gilchrist County’s intent to award a county‑wide insurance program covering workers’ compensation, property, and casualty risks. The procurement will be channeled through the Florida Association of Counties Trust (FACT) and the Florida Municipal Insurance Trust (FMIT), with the selected vendor providing the insurance coverage and related services. The award is slated to become effective on October 1, 2026, contingent on the absence of successful protests and final contract execution. • Scope: Procurement of comprehensive workers’ compensation, property, and casualty insurance for the county. • Vendor: Intended award to Foundation Risk Partners, LLC (Acentria Public Risk) after a competitive evaluation. • Protest Process: Bidders have a 72‑hour window to file a notice of protest, followed by a 10‑day formal protest deadline. • Effective Date: Coverage begins October 1, 2026, pending contract finalization.

Attached files

Key dates

Starts
10/1/2026

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524210
Solicitation №
RFP #26‑01‑P&C

Contract value

$5,000,000

The document does not disclose the contract’s monetary value. A county‑wide workers’ compensation, property, and casualty program for a small Florida county typically runs between $3 million and $7 million annually, based on comparable county insurance premiums and the fact that coverage starts for an entire jurisdiction. Assuming a mid‑range premium of roughly $5 million for a one‑year term yields a plausible estimate. This estimate considers the size of Gilchrist County (≈ 17,000 residents), typical premium rates for workers’ comp in Florida (≈ $1.5 million) plus property and casualty components (≈ $3.5 million).

AI estimate from the award documents

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