Insurance and Broker Services

The City requires insurance and broker services for a seven-year contract period. The requested scope includes providing risk management and claims handling support, maintaining underwriting data, delivering staff presentations and training, advising on legislative changes, and assisting with loss prevention and creative self-funded ventures. Only Canadian onshore organizations are eligible to bid, and the work must be performed onsite. Bidders must submit pricing electronically in Canadian funds through the e-bidding system by Tuesday, October 6, 2026, at 2:00:00 PM local time. Proposals are evaluated across four stages: mandatory submission and technical requirements, non-price rated criteria, sustainability criteria, and pricing. Bidders must achieve a minimum score of 70% on the non-price rated criteria to advance to sustainability evaluation and pricing review. Pricing is worth 20.00 points of the total score and is calculated using a relative pricing formula based on the lowest submitted price. Bidders should note that the budget seeks proposals, and submitted prices must remain firm and fixed for the contract duration.