Riverside Transit Agency PlanetBids #RFP S26103

Riverside Transit Agency Solicits Third-Party Claims Administration Services

Riverside Transit Agency (RTA) is seeking a qualified contractor to provide third-party administration services for liability and vehicle physical damage claims. - Government Buyer: - Riverside Transit Agency (RTA) - Senior Contracts Administrator: Luciano Rose Jr. - Services Requested: - Comprehensive third-party administration of liability and vehicle physical damage claims - Full lifecycle claims management, including: - 24/7 loss reporting and intake - Claims investigation and liability analysis - Vehicle damage appraisals - Reserve establishment and management - Settlement negotiation - Subrogation recovery - Litigation management - Detailed monthly and quarterly loss reporting - Compliance with RTA litigation management policy and settlement authority - Internet access to claims system for RTA employees - File maintenance for audit and reporting to excess insurers - Transfer or processing of open claims at contract expiration - Notable Requirements: - Minimum five years of experience in similar claims administration, preferably with California public agencies - All-inclusive pricing; services provided on an as-needed basis with no guaranteed minimum - Contractor must facilitate retention and oversight of defense counsel - Compliance with all legal and regulatory requirements - Opportunity is open to all qualified firms; interviews may be required as part of evaluation - No specific OEMs or product part numbers are named in the solicitation

Description

Riverside Transit Agency (RTA) is seeking proposals from experienced contractors to provide third party administrative services for liability and vehicle physical damage claims. The contract is expected to be a firm-fixed price agreement with a three-year base term and two one-year option terms. The scope includes claims processing, investigation, reporting, litigation management, settlement, and subrogation activities as detailed in Exhibit A, Scope of Work. Interviews may be held on September 14, 2026, and proposals are due by August 27, 2026.

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