This Solicitation opportunity from CITY OF CHARLOTTE was posted on January 7, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Third-Party Administrator Services for O-Line Rail Corridor Claims Management
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The City of Charlotte, North Carolina, in cooperation with Norfolk Southern Railway Company (NSR), is undertaking a selection process for a Third-Party Administrator (TPA) to manage claims linked to the Comprehensive Rail Agreement (CRA). This agreement oversees the joint use of the O-Line rail corridor, a strategic line stretching from uptown Charlotte to the northern boundary of Mecklenburg County. The City has recently secured NSR's stake in this corridor to advance future commuter-rail services, coexisting with NSR's freight activities. The TPA is vital in navigating claims that emerge under this framework. The designated firm will execute Third-Party Administrator Services, tasked with resolving claims by NSR against the City concerning obligations specified in Article 14 of the CRA. The TPA will effectively serve as an arbitrator, assessing each party's standings and making decisions based on the CRA's stipulations. Duties also include conducting independent assessments when necessary and managing escrow accounts to fulfill financial obligations identified by the TPA. The firm will be part of a three-party agreement with the City and NSR, necessitating profound legal insight into complex commercial contracts within the railroad or transportation sectors. This TPA Agreement is ongoing, ceasing only when insurance for O-Line enhancements is secured or suitable commercial general liability insurance is acquired by the City for its CRA duties. Services will be delivered within Charlotte's jurisdiction, concentrating on claims associated with the O-Line rail corridor.
General Info
Agency
Place of Performance
NC, USASet-Aside
Documents
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Timeline
Submission Closed
Organization & Contact Information
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