USG- Public Private Venture (PPV) Insurance

The Board of Regents of the University System of Georgia is seeking a qualified supplier to provide comprehensive Public Private Venture (PPV) Insurance and Risk Management Broker Services for its $3.5 billion real estate portfolio, which includes student housing, parking decks, dining facilities, recreational centers, stadiums, office buildings, and performing arts venues. Established in 2008, the PPV Insurance Program requires a broker capable of delivering group policy administration, coverage design, claims assistance, and reporting analytics across multiple Georgia-based facilities. The procurement is conducted under Georgia’s State Purchasing Act and mandates strict compliance with state statutes including O.C.G.A. § 50-5-84, § 13-10-91, and § 50-5-50 et seq., as well as licensing by the Georgia Insurance Commissioner’s Office. Suppliers must demonstrate proven experience managing insurance for portfolios exceeding $3 billion, provide three relevant client references, and submit a signed and notarized eVerify affidavit confirming federal work authorization compliance. The contract will have a 12-month base term with four optional one-year extension periods, exercisable at the sole discretion of the State Entity, and will be managed on a fiscal year cycle from July 1 through June 30. Offerors must adhere to detailed administrative and compliance requirements, including submission of a redlined version of the State’s Standard Contract with all proposed exceptions, certification of small business, minority-owned, women-owned, or veteran-owned status, and disclosure of any past government actions such as suspension, debarment, litigation, or bankruptcy within specified timeframes. Suppliers must also disclose any business activities in Sudan related to power, mineral, oil, or military equipment sectors, as such entities are ineligible unless waived by the Department of Administrative Services. Technical proposals must fully address all scope of work requirements outlined in Buyer Attachment B, including organizational structure, risk financing strategies, and reporting capabilities, with sample deliverables provided for evaluation. Proposals must be submitted electronically via the Team Georgia Marketplace portal using approved file formats (.docx, .doc, .xlsx, .pdf), and include required attachments such as tax compliance forms, insurance certificates, organizational history, and proof of licensing. While the exact evaluation criteria and cost structure are detailed in referenced but unavailable documents, the solicitation emphasizes responsiveness, technical competence, and adherence to all state-specific mandates over financial price alone, with no federal FAR clauses applied—only Georgia statutory and administrative requirements govern the process.