Specifications include, but are not limited to: A. Vendors may propose any or all of the following options: 1. One (1) year Policy. 2. One (1) year Policy with two (2) options to renew for additional twelve (12) month periods if the rate remains consistent. B. Tarrant County reserves the right to choose the option(s) and/or rate deemed most beneficial to the County. C. All proposals must include the name of the insurance company. Although proposals will be accepted from companies regardless of the A.M. Best rating (or regardless of whether they are rated by Best), more favorable consideration will be given to those proposals submitted by companies with ratings of at least A+ as published by A.M. Best Rating Guide, latest edition or the equivalent. D. Respondents must be authorized to do business in the State of Texas. E. Any agent or agency submitting a proposal must be licensed by the carrier stipulated therein at the time it is submitted.