Santa Clara Valley Transportation Authority (VTA) Opengov #S26032

VTA Solicits Insurance Brokerage and Risk Management Services

The Santa Clara Valley Transportation Authority (VTA) is seeking qualified firms to provide insurance brokerage and risk management services for its operations. - Government Buyer: - Santa Clara Valley Transportation Authority (VTA), Enterprise Risk Management office - Procurement managed by Nicole Chapman, Procurement, Contracts and Business Development - Services Requested: - Comprehensive insurance brokerage services, including: - Marketing and placement of insurance policies (property, liability, employment practices, etc.) - Risk assessment and advisory services - Claims analysis and management of insurance program data - Contract review and loss prevention expertise - Contract Structure: - Initial term of three years, with two optional one-year extensions (up to five years total) - Notable Requirements: - Proposers must be licensed insurance brokers/agents - Demonstrated experience with public entities and transit authorities is required - Management of claims history and insurance program data is a key component - Evaluation criteria include firm qualifications, staffing, work plan, local preference, cost, and resources - No specific OEMs or product part numbers are referenced, as this is a professional services procurement

Description

The Santa Clara Valley Transportation Authority (VTA) is seeking proposals from qualified firms to provide insurance brokerage services. The scope includes managing various insurance policies and claims data for VTA. Proposals must be submitted electronically by June 5, 2026, and firms will be evaluated based on qualifications, staffing, work plan, local preference, cost, and resources. A pre-proposal conference will be held on May 6, 2026, and questions are due by May 13, 2026.

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