Insurance Broker and Risk Management Consulting Services

Chesterfield County, Virginia, is soliciting proposals for Insurance Broker and Risk Management Consulting Services to support its Risk Management Department. The selected contractor will be responsible for designing and implementing a comprehensive insurance program to protect the assets of the county government, public schools, and various appointed boards and private organizations. Key requirements include providing a dedicated Account Representative for contract administration and ensuring full access to the property and casualty insurance marketplace. The contract is subject to annual appropriation by the Chesterfield County Board of Supervisors and the School Board, with automatic termination in the event of non-appropriation of funds. The selection process involves identifying a shortlist of two or more qualified offerors based on their qualifications and price, followed by negotiations to determine the best overall proposal. Proposals must be submitted by November 16, 2026, via the county's eProcurement system or as a hard copy with a matching USB drive. The contractor must comply with various regulatory standards, including the Virginia Public Procurement Act, the State and Local Government Conflict of Interests Act, and Executive Order 11246. Additionally, the contractor must adhere to strict data security and confidentiality protocols, particularly regarding student personal information. Payment is primarily handled through the ePayables program, and the county will not reimburse travel costs.