This Solicitation opportunity from Iowa was posted on May 17, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Group Errors & Omissions Insurance - Iowa Real Estate Commission

Closed

005-RFP-2678-2026State & Local

Submission Closed06/16/2026, 07:00:00 PM UTC

Contract Overview

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

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NAICS: 524210

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EEC

POSTED

6 days ago

DEADLINE

in about 1 month

AI Contract Overview

The contract involves providing group errors and omissions insurance, specifically professional liability coverage, for the Iowa Real Estate Commission. It is managed by the Department of Administrative Services on behalf of the State of Iowa and is intended to cover the state’s group needs in this insurance category. The solicitation was posted on May 17, 2026, with a deadline for responses set for June 16, 2026. The contract requires a vendor to administer the insurance program, ensuring adequate coverage and risk management for professional liability claims against members of the commission. This opportunity is categorized under a state-level agency procurement based in Des Moines, Iowa, with no specified set-asides or NAICS codes. Interested parties can find further details and submit their proposals through the official Iowa bid portal. The primary point of contact for this solicitation is Jocelyn Brincks from the Department of Administrative Services, reachable via email or phone for any inquiries related to the contract and procurement process.

General Info

Provide professional liability insurance for Iowa Real Estate Commission, managed by Iowa DAS.

Agency

Iowa → Department of Administrative Services

NAICS

524210 - Insurance Agencies and Brokerages

Place of Performance

IA, USA

Set-Aside

NONE

Documents

005-RFP-2678-2026 Addendum 1 - Q&A

q-and-a

High

005-RFP-2678-2026 Cost Proposal Form

specifications

High

005-RFP-2678-2026 Group E&O Insurance – Iowa Real Estate Commission

rfp

High

005-RFP-2678-2026 Group Errors & Omissions Insurance

rfp

High

Iowa Code 543B.47 and Admin Rule 193E.19 - Insurance Requirements

specifications

High

AI Contract Breakdown

Uniform Contract Format

Contract not broken down yet

CLEATUS splits the solicitation into Uniform Contract Format (UCF) sections: scope, pricing, deliverables, and evaluation criteria.

Timeline

PhaseClosed

PostedMay 17

Solicitation

Response DeadlineJun 16

Deadline has passed

Submission Closed

06/16/2026, 07:00:00 PM UTC

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Organization & Contact Information

AgencyIowa → Department of Administrative Services

Contacts1 person available

OfficeIA

Organization / AgencyIowa → Department of Administrative Services

Office AddressIA

Contacts

Jocelyn Brincks

contact@example.gov

Full Description

It is advised to "Save Progress" often and especially after uploading documents. NOTE: Anytime the Respondent opens their bid after the initial submission, they MUST certify and resubmit. No information will be lost from the initial submission. NOTE: Respondent must approve and resubmit their Proposal after an amendment has been posted by the Issuing Officer. If the Proposal was submitted before the amendment, all information will be saved. The Respondent only needs to read and acknowledge the amendment. Instructions for Amendments: Download the Amendment document under the 'Buyer Attachments' tab. Sign the document and include with your Transmittal Letter as part of your Technical Proposal. 1.1. Background. The Iowa Real Estate Commission is responsible for ensuring the availability and administration of a group errors and omissions (professional liability) insurance program for all active Iowa-licensed real estate professionals. This includes resident and non-resident brokers, broker associates, salespersons, and licensed firms (corporations and partnerships). Pursuant to Iowa Code section § 543B.47, the group policy must not grant the insurance provider the right to cancel coverage for individual licensees. Licensees retain the option to obtain independent coverage, provided such coverage meets the minimum statutory requirements. The statute does not prescribe specific premium amounts to be charged to licensees. As of April 24, 2026 there were 9,507 resident licensees in active status, including firms, broker officers, broker sole-proprietors, broker associates, and salespersons, as well as 1,798 non-resident active licensees. Additionally, there were 1,481 resident and non-resident licensees in inactive status. 1.1. Objectives. The State of Iowa seeks to establish a contract for a group insurance program that provides cost-effective coverage along with comprehensive administrative services. These services include, but are not limited to, claims handling and investigation, maintenance of computerized loss records, management reporting, establishment of claim reserves, and processing of claim payments. Contract Term. The Contract shall have an initial term of two (2) years, beginning on the date of contract execution (the “Effective Date”). At the end of the Contract’s initial term, the State shall have the option, in its sole discretion to renew the Contract on the same terms and conditions for up to a total of four (4) additional one-year terms, for a total contract term not to exceed six (6) years. The State will give the Vendor written notice of its intent whether to exercise each option no later than sixty (60) days before the end of the Contract’s then-current term.