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Awarded contract·City of Tucson, Department of Procurement·Arizona

Insurance Broker and Risk Management Services

Won by The Mahoney Group$120kSingle Award
Contract source

Awarded vendors

  • The Mahoney Group

Description

The City of Tucson sought proposals for insurance brokerage and risk management services. The Mahoney Group was awarded the contract, which includes providing insurance coverage for the city's properties and advising on risk management strategies. The contract has a term of 8 years, with the option to renew. The Mahoney Group will provide a range of services, including negotiating with insurers, preparing coverage specifications, and providing policy summaries. The city will pay an annual flat fee of $15,000 for these services. • The contract includes a scope of work that outlines the services to be provided by The Mahoney Group. • The city has a population of approximately 530,706 and has 4,636 employees. • The city has a transit system with 3206 vehicles and 7 streetcars. • The city has 2614 properties with a total insurable value of $1.95 billion. • The Mahoney Group has experience providing insurance brokerage services to municipalities similar in size and type to the City of Tucson. • The company has a team of professionals with expertise in property insurance and risk management. • The Mahoney Group will provide a high level of service, including day-to-day contact on insurance matters and loss control services.

Attached files

Key dates

Starts
1/28/2019
Ends
1/31/2027Renews
Duration
8 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524210
Solicitation №
181985-01

Contract value

$120,000

Based on the contract document, the estimated value of the contract is $15,000 per year, for a total of $120,000 over the 8-year term of the contract. This estimate is based on the annual flat fee paid by the city for the insurance brokerage and risk management services.

AI estimate from the award documents

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