Government Contract | Connecticut
RISK MANAGEMENT CONSULTANT SERVICES

Bid Information


Bid Alert No: 00000399873

Bid Title: RISK MANAGEMENT CONSULTANT SERVICES

Agency Bid No. Title: 15/16-32

Received Date: 10/23/2015

Close Date: 11/13/2015

Purchase Type: Term:

Delivery Point: Manchester, Connecticut

Delivery Date: Not Stated

Specifications

Specifications include, but are not limited to:While the exact range and extent of services is subject to negotiation, the selected consultant shall provide, as a minimum, professional services and dedicated personnel necessary to perform the following: a. Develop a complete understanding of the Town's areas of exposure and self-insurance methodology. b. Evaluate existing insurance contracts and claim histories and make recommendations concerning any changes, modifications, consolidations, and/or additions in the terms, conditions and coverage limits needed to yield a comprehensive risk management risk funding program to protect the interests of the Town. c. Identify programs, products and insurers capable of meeting the Town's insurance and TPA needs and prepare bid specifications for markets capable of quoting for upcoming renewals. d. When authorized by the Town, approach appropriate markets on behalf of the Town to obtain pricing with respect to the risk management program decided by the Town. If and when available, a minimum of at least two (2) quotes from reputable carriers will be obtained for each type of risk for each fiscal year of the contract. This also includes specialty insurance coverages that may be outside the normal market. e. Present for Town consideration, in an understandable format, an evaluation of the results, including a comprehensive financial analysis, and a recommendation for selection of an insurer and/or TPA for each type of risk. Results will be due 30 days prior to policy expiration. f. Negotiate on the Town's behalf the details of insurance contracts with selected carriers and/or TPAs and audit resulting policies, rates, coverage terms and conditions for compliance. g. Provide verification of coverage as needed by the Town to satisfy lessors, contractors and other parties by means of preparing insurance certificates or endorsements. h. Provide training and education relative to loss control, safety, claims management and related topics in the area of risk management. i. Provide answers to Town staff and obtain clarification from Underwriters claim adjusters or TPAs on coverage or claim questions. j. Provide premium allocation services so that costs may be properly charged back to appropriate departments.

Bid Related Documents

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Amendments

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Product Code: 95861

Agency Information


Issuing Agency: Town of Manchester

State: Connecticut

Agency Type: State and Local

Contact: Gerald Dupont, General Services Department 41 Center St, Manchester, Connecticut, 05090

Phone: 860-647-3031

Fax: 860-647-5206

Email: gensvcs@manchesterct.gov

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