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  5. ›INSURANCE BROKER AND CONSULTANT OF RECORD

Awarded contract·City of Corvallis·Oregon

INSURANCE BROKER AND CONSULTANT OF RECORD

Won by Brown & Brown$200kSingle Award
Contract source

Awarded vendors

  • Brown & Brown

Description

The City of Corvallis is seeking an insurance broker and consultant to provide services for the city's real property, liability, workers' compensation, and other insurance lines. The contract includes broker services, consultant services, and claims reporting services. The selected vendor will be required to provide professional advice and assistance in risk management, as well as educational support and program maintenance. The contract is for a total of 100 points, with criteria including the clarity and completeness of the proposal, the proposal team's experience and understanding of the complexity of working with municipalities, price, and the proposer's ability to support the city's sustainability and social equity objectives. • The proposal team's experience with similar projects for municipalities • The proposal team's understanding of the complexity of working with municipalities • The price of the proposal • The proposer's ability to support the city's sustainability and social equity objectives • The proposal team's interview and references from other governments

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524210
Solicitation №
FIN-2023-01

Contract value

$200,000

The contract value is not explicitly stated, but based on the criteria, it appears that the contract is for a total of 100 points, with a price component of 15 points. Assuming a total contract value of $100,000 to $500,000, the price component would be $15,000 to $75,000. However, this is a rough estimate and the actual contract value could be higher or lower. The contract also mentions that the proposer should provide a flat dollar amount to be paid by the City to the Broker services on an annual basis, as well as projected commissions included for transparency purposes to the City.

AI estimate from the award documents

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