Government Crime Insurance
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The Florida Department of Management Services is soliciting bids under ITB 27-84131514-ITB to establish a single-award contract for Government Crime Insurance for a term of up to five years. The contract is intended to begin on January 1, 2027, and will provide coverage for various state agencies and eligible users. The award will be granted to the responsive and responsible bidder offering the lowest Calculated Premium as detailed in the provided Price Sheet. Bidders must demonstrate at least 10 years of experience in the placement and account management of the specified insurance coverage, and the selected insurer must maintain an AM Best Key Financial Rating of at least A- or a Financial Performance Rating of V. Submission of bids is required via the MyFloridaMarketPlace Sourcing Event by November 10, 2026, at 2:00 P.M. Eastern Time. Mandatory requirements for responsiveness include the submission of vendor certifications, broker information, and attestations regarding foreign countries of concern and drug-free workplaces. The contract is governed by the PUR 1000 General Contract Conditions and specific Insurance Terms and Conditions, which mandate strict data security protocols, including the protection of personal identifying information and the reporting of security incidents within one business day. The scope of work includes the provision of a crime insurance policy as defined by Florida Statutes, with the broker responsible for selecting a qualified insurer or underwriter.
General Info
Agency
NAICS
Place of Performance
FL, USASet-Aside
Timeline
Response Deadline
Organization & Contact Information
Full Description
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