ITB-CS-2016-Broker Services-Property & Casualty - Broker Services - Property & Casualty RFB

Summary of Specifications:
The Arapahoe Library District (Library District) is seeking competitive bids from qualified, reliable brokers who are licensed to do business in the State of Colorado and who are experienced with Colorado law and regulations as they pertain to governmental entities. The Library District requires comprehensive liability insurance for 10 vehicles, 1 vacant land parcel and 9 facilities owned by the Library District in Arapahoe County and Adams County. The winning vendor will analyze the types of insurance and coverage features that best fit our needs and negotiate effectively with underwriters to secure the broadest coverage at the best available cost. The insurance coverage will begin July 1, 2016 and continue through June 30, 2017. The contract for broker services will begin July 1, 2016 and continue through June 30, 2017. We are seeking a one year contract with six possible one year renewals. Continuation of the contract beyond the initial one year period is a prerogative of the Library District and not a right of the vendor. Renewals will be made only when such continuation is clearly in the best interest of the Library District.