Insurance and Risk Management Services

The contract pertains to the provision of comprehensive insurance and risk management services required by the Finance Department of the City of Carlsbad, California, under the NAICS code 524210, which classifies it as an insurance and related activities sector. The subcontract mandates the successful bidder to secure and maintain several key insurance policies, including general liability, auto liability, workers’ compensation, environmental liability, and professional liability coverage, all of which must be active throughout the term of the agreement. The City of Carlsbad must be named as an additional insured on all policies to ensure direct protection and coverage under the vendor’s insurance in the event of claims related to the services performed. The solicitation is open for responses until June 6, 2026, and is structured as a subcontract, indicating it is part of a broader procurement or service framework managed under the city’s finance operations. There is no set-aside designation specified, meaning all eligible vendors may compete regardless of business size or classification. The place of performance and point of contact details are not provided, suggesting the services may be delivered remotely or across multiple locations within California, with the primary administrative oversight being handled by the city’s finance department. Vendors must ensure their insurance programs fully comply with the city’s risk mitigation requirements and are capable of being verified and validated upon request.