RISK MANAGEMENT ADVISORY SERVICES

Project Information

Bid Title
RISK MANAGEMENT ADVISORY SERVICES
Issuing Agency
City of Charlottesville
Location
Virginia
Published Date
Sep 23, 2024
Closing Date
Oct 29, 2024
Government Level
State & Local
Status
Closed
Ref. #
RFP 25-41
Original Source
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Project Description


Project ID: RFP 25-41

Title: RISK MANAGEMENT ADVISORY SERVICES

Addenda: 0

Release Date: 9/23/2024

Due Date: 10/29/2024

Post Information
Posted At:Mon, Sep 23, 2024 2:04 PMSealed Bid Process:Yes (Bids Sealed / Pricing Sealed)Private Bid:No
Overview
Summary

The purpose of this Request for Proposal (RFP) is to solicit sealed proposals to establish a term contract for the purchase of Risk Management advisory services by the City’s Risk Management Division.

Background

The City is self-insured for workers compensation coverage up to certain retention levels. Thereafter, coverage is provided through an excess policy. The City uses a third party administrator for workers compensation claims management. Currently, the City is a member of Virginia Risk Sharing Association (VRSA) and obtains the following insurance coverages through the governmental pool: property, auto, local government liability and excess liability, public officials, law enforcement, and Line of Duty coverage. The City also purchases separate insurance policies to cover exposures pertaining to underground fuel storage, excess workers compensation coverage, fiduciary liability, and volunteer accident and injury coverage.

Timeline
Request for Proposal Release Date:
September 23, 2024
Proposal Submission Deadline:
October 29, 2024, 2:00pm
Commodity Codes
  • NAICS 541611Administrative Management and General Management Consulting Services
  • NAICS 541618Other Management Consulting Services
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