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Commercial Property and Equipment Insurance Underwriting

Active
State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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The Port of Houston Authority is seeking a subcontractor for Commercial Property and Equipment Insurance Underwriting to provide coverage for prime contractors working on facility projects. The scope of work involves underwriting significant physical assets, including 263 million dollars in property and 364 million dollars in Inland Marine assets. A critical component of this coverage includes 30 wharf cranes with individual valuations ranging from 5 million to 15 million dollars. Due to the scale of the infrastructure, the selected provider must demonstrate high financial stability and extensive experience with large-scale port environments. The primary deliverable is the provision of bound property and equipment insurance policies. Interested parties must submit their responses by January 13, 2027, under NAICS code 524210.

General Info

Port of Houston seeks insurance underwriter for property and equipment by January 13, 2027.

Place of Performance

Not specified

Set-Aside

NONE

Documents

This scope was carved out of port-of-houston-authority-1256825.

The full solicitation package (2 documents), including the RFP, is on the prime solicitation, not on this scope.

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2027 – 2028 PROPERTY AND CASUALTY INSURANCE

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Organization & Contact Information

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AgencyTexas → Port of Houston Authority
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Provides property and equipment insurance for prime contractors on Port of Houston Authority facility projects. Underwrites physical assets with a Total Insurable Value of $263 million for property and $364 million for Inland Marine assets, including 30 wharf cranes valued between $5M and $15M each. Requires high financial stability and experience with large-scale port infrastructure. Delivers bound property and equipment insurance policies.

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