Builder's Risk and Professional Liability Insurance Services

The contract requires the provision of builder’s risk insurance that covers 100 percent of the total contract value, ensuring full protection against potential losses during construction or renovation activities. Alongside this, professional liability coverage must be secured through an insurer that holds an A.M. Best rating of ‘A’ or higher, with strict compliance required on financial strength and stability benchmarks. These insurance obligations are mandatory to safeguard both the project’s integrity and the professional competence of the contractor or subcontractor performing the work. The opportunity is categorized as a subcontract under NAICS code 524211, which corresponds to insurance carriers engaged in direct property and casualty insurance activities. It is posted by Chatham County in Georgia with a response deadline of June 17, 2026 at 6:00 PM. The solicitation is open for bids via the Bonfire Hub platform, and while no specific place of performance or point of contact is provided, applicants must ensure their insurance offerings meet all stated financial and coverage thresholds to be considered eligible.