Rfp 18-01 rmd-insurance Broker and Related Consulting Services

VI. SUBMITTAL

Please submit one signed original and five (5) copies of the Submittal (Section VI) and additional documents requested in Section VI.
Please submit only Section VI and the additional documents requested in Section VI. Do not submit a copy of the entire RFP document.

1. PROPOSAL PRICE SCHEDULE

This offer will remain in effect for a period of 120 calendar days from the proposal opening date and is irrevocable unless it is in the City’s best interest to do so.

Proposers are not authorized to block any markets at this time.

Proposals that do not follow the Price Schedule format will be considered non-responsive.
You may choose to propose on either one or both Property/Casualty Insurance or Surety Bond services.


Please continue to the Fee Schedule on the next page.

1.1 PROPERTY & CASUALTY PRICE SCHEDULE

Definitions of terms used in this Price Schedule section only (VI.1.1 only):

“Flat Fee” – Covers services listed in Section V.1.3 performed related to the insurance coverage types listed in Section V.1.1 of the Scope of Work, with the exception of TULIP services. TULIP premium would be paid by the non-city users; refer to Section IV.1.
“Commission %” – For services performed related to Section V.1.2, the stated commission percentage will apply as a fee, for the first policy year of such policy. After the first policy year of such policy, the services will be covered under the Flat Fee.
Proposers shall set forth a Flat Fee for services on policies listed in Section V.1.1 of this RFP, and set forth in the “Commission %” section below an additional percentage fee based on premium for performing the services on new policies described in Section V.1.2, or state in the Commission% column below whether such services are included in the Flat Fee.

For Policies Listed in V.1.1 Flat Fee for Services that are listed in Section V.1.3		For Additional Policies described in V.1.2 Commission % for Services that are listed in Section V.1.3
Contract Year	Flat Fee	Contract Year	V.1.2 Commission %
Year 1		Year 1
Year 2		Year 2
Year 3		Year 3
Year 4		Year 4
Year 5		Year 5

Both price columns must be completed.

1.2 SURETY BONDS PRICE SCHEDULE

Please provide the names of the carriers that you represent.

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Notary Bond Package Services Listed in Section V.2.2.G Flat Fee per Notary Package		All Other Surety Bonds Services Listed in Section V.2.2 Commission %
Contract Year	Flat Fee	Contract Year	Commission %
Year 1		Year 1
Year 2		Year 2
Year 3		Year 3
Year 4		Year 4
Year 5		Year 5

Both price columns must be completed.

Continue to the next page.