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  5. ›Bradley Lake & Alaska Intertie Insurance Review

Awarded contract·Alaska Energy Authority·Alaska

Bradley Lake & Alaska Intertie Insurance Review

Won by Griffin Communications Inc.$18kAwarded 12/17/2017Single Award
Contract source

Awarded vendors

  • Griffin Communications Inc.

Description

This contract engages a consultant to review and provide written recommendations on the insurance programs covering the Bradley Lake Hydropower Project and the Alaska Intertie transmission line. The scope focuses on evaluating current policies, ensuring compliance with the Bradley Lake Bond Resolution, and suggesting cost‑effective coverage adjustments in line with prudent utility practices. • Review of property, liability, equipment‑breakdown, earthquake and flood coverage for Bradley Lake Hydro. • Review of general and umbrella liability coverage for the Alaska Intertie. • Delivery of two PDF reports (draft by Feb 15 2018, final by Mar 15 2018) with recommended insurance options and program structuring. • Evaluation weighted heavily on cost (60 % of award criteria) and vendor qualifications (30 %).

Attached files

Key dates

Bids closed
11/29/2017
Intent to award
12/17/2017
Awarded
12/17/2017
Contract modified
11/20/2017
Starts
12/17/2017
Ends
3/15/2018
Duration
3 months

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Consulting Services
NAICS
541618
Solicitation №
IRFP 18032

Contract value

$18,000

The solicitation explicitly lists an estimated contract value of $15,000 – $20,000 for the combined insurance‑review work. Given the modest scope (two reports, no site visits, and a short 3‑month performance period) and the evaluation emphasis on cost, a reasonable midpoint estimate is about $18,000. This accounts for consultant labor, any necessary data analysis tools, and administrative costs, while staying within the advertised range.

AI estimate from the award documents

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