Feasibility Study & Program Design Consulting

The contract seeks a consultant to conduct a comprehensive feasibility assessment of liability risk pooling for Connecticut-based nonprofits, focusing on evaluating structural options and designing a viable program. The study must analyze various models for pooling liability risks among eligible organizations, assess financial sustainability, legal and regulatory considerations, administrative requirements, and potential participation rates. The ultimate goal is to determine whether a collective risk-sharing mechanism can reduce insurance costs, improve coverage accessibility, and enhance financial resilience for nonprofits across the state. The consultant will be expected to deliver a detailed report outlining recommended program architecture, governance structure, funding mechanisms, eligibility criteria, and implementation pathways. This includes identifying potential stakeholders, evaluating existing insurance market gaps, and proposing a phased rollout strategy if deemed feasible. The work must be completed and submitted by the response deadline of August 22, 2026, under a subcontract arrangement governed by the Connecticut Department of Administrative Services, with performance expected to align with state objectives for nonprofit sector stability and operational sustainability.