General and Excess Liability Insurance Broker

Solicitation #:484
Issue Date:11/10/2016
Proposal Due:12/13/2016 - 5:00 PM
Classification:Professional Services
Type:Request for Proposal (RFP)
Status:Archived
Contract Terms
1 Year with Renewal Options
Location Where Goods to be Delivered or Service Performed
Albany, New York

The Dormitory Authority State of New York (DASNY) intends to procure broker and program support services pursuant to its discretionary purchasing authority under Public Authorities Law Section 2879. This opportunity is intended for MWBEs certified pursuant to Article 15-A of the New York State Executive Law.

DASNY is seeking proposals from insurance brokers to provide broker program support services for DASNY’s April 1, 2017 Commercial General and Excess Liability Insurance program. The program provides insurance protection to DASNY and several client organizations for their first and third-party liabilities arising from financing, construction and premises operations. The exposure level for this program consists of approximately $483 million in construction operations and approximately 53 million square feet of permanent facilities including academic, residential (dormitories) and health care operations. Claims are administered with the assistance of a Third Party Administrator (TPA), but a strong program of broker support will be required. Brokers may not approach any market until authorization is provided in writing by the OWNER.

Interested firms must possess a valid New York State Property and Casualty Insurance Broker’s license and have access to markets rated “A-” or higher by AM Best, with capacity to fulfill a $100 Million program limit. Evidence of Errors and Omissions insurance coverage will also be required, with minimum limits of $10,000,000, or evidence of the ability to secure such coverage prior to performing work and/or award of contract.

Firms interested in responding to this solicitation may access the documents from DASNY’s website at http://www.dasny.org/rfp-bidopportunities-solicitations/professionalservices/new.aspx or www.dasny.org / RFP & BID Opportunities / Professional Services / New Opportunities / 484 General and Excess Liability Insurance Broker / Attachments / Discretionary Purchase - Table of Contents. The deadline for responses to the solicitation is 5:00pm on December 13, 2016. Responses received after this date will not be accepted.

In accordance with State Finance Law § 139-j and § 139-k, this solicitation includes and imposes certain restrictions on communications between Dormitory Authority personnel and an Offerer during the procurement process.  The designated staff for this procurement is Nicole White, RFP Coordinator (ph: 518-257-3667, Email: RFPCoordinator@dasny.org).  Contacts made to other Dormitory Authority personnel regarding this procurement may disqualify the Offerer and affect future procurements with governmental entities in the State of New York.  Please refer to the Authority’s website (www.dasny.org) for Authority policy and procedures regarding this law, or the OGS website (www.ogs.state.ny.us/aboutogs/regulations/defaultAdvisoryCouncil html) for more information about this law. All proposers, domestic and foreign, must be in compliance with New York State business registration requirements. Contact the NYS Department of State regarding compliance.  In addition, business entities proposing to provide professional engineering services must obtain a Certificate of Authorization to Provide Engineering Services in New York State from the State Education Department.  Proposals must be submitted in the full legal name of the proposer, or the full legal name plus a registered assumed name of the proposer, if any.

 

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The Contractor listed below has been awarded the Contract for the above listed Project as of the date provided.