Sound Transit Biddingo #RP 0075-25

Sound Transit Seeks OCIP Brokerage, Administrative, and Consulting Services for Major Transit Projects

Sound Transit, the Central Puget Sound Regional Transit Authority, is seeking proposals for Owner Controlled Insurance Program (OCIP) brokerage, administrative, and consulting services to support two major infrastructure projects: - Projects covered: - Operations and Maintenance Facility (OMF) South in Federal Way (estimated $1.3B construction value) - West Seattle Link Extension (WSLE) in Seattle (estimated $4.2B construction value) - Services requested: - Strategic review and consultation on OCIP program structures - Marketing, placement, and negotiation of insurance policies - Claims management and administration - Certificate of insurance tracking and contractor enrollment/close-out - Coordination of carrier safety and loss control visits - Monthly and annual stewardship reporting, including maintaining insurance records - Notable requirements: - Emphasis on small business participation and compliance with Equal Employment Opportunity (EEO) laws - Services must include policy drafting assistance, underwriter presentations, and contract compliance monitoring - No specific OEMs or insurance carriers are named; the opportunity is open to all qualified firms with relevant expertise - Contract structure: - Seven-year base term with two optional one-year extensions (up to nine years total) - Fixed fee, paid quarterly

Description

Sound Transit is seeking proposals from firms to provide services including strategic review of OCIP program structures, consultation, marketing, placement, and negotiations for insurance procurement for the Operations and Maintenance Facility South and West Seattle Link Extension. The contract term is seven years with an option for two additional one-year extensions. A virtual pre-proposal meeting is scheduled for July 8, 2025, and proposals are due by July 31, 2025, at 2:00 PM PT.

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