Risk Management and Commercial Insurance Brokering Services

The Alameda-Contra Costa Transit District in Oakland, California is seeking professional insurance brokerage and risk management services to reduce its total cost of risk. The agency needs to protect and preserve ratepayer dollars through cost-effective program design, coverage placement, and stewardship of its insurance and risk financing resources. The selected partner will help the agency implement proactive, efficient, and data-informed risk management strategies. The scope of work covers comprehensive support in marketing, placing, and servicing commercial property and casualty insurance coverages. The agency requires loss control consultation, risk mitigation support, claims consultation, advocacy, claims trend analysis, and claims audit support. Additionally, the service provider must perform contract analysis, including the review of insurance and risk transfer provisions, and evaluate alternative risk transfer and risk financing strategies. Eligible bidders must be onshore organizations based in the United States. The agency expects the performance of all contracted work to take place offsite. The budget for this contract will be determined based on the proposals submitted by bidders. The agency will host a pre-bid meeting on June 8, 2026, to discuss the opportunity. The evaluation criteria will focus on the bidder's ability to provide objective recommendations regarding the feasibility, advantages, disadvantages, financial implications, and operational considerations of alternative risk strategies. Bidders must submit proposals that demonstrate their capacity to deliver all requested brokerage and consultation services.