Southern Illinois University Carbondale
RFP #P13303-6815M
Request for Proposal:
Insurance Brokerage Services
Renewal entered into with:
Vendor: Marsh USA, Incorporated, Chicago, IL
Amount:
$50,000
Renewal Period: 1st of 1
Pricing Changes: 15% increase
Service/Product Changes: None
Comments:
This award was originally made in November 2002 following a competitive Request for Proposal, which made provisions for extensions through 2008 with a possible 15% increase. The vendor has agreed to extend the contract through October 2006 under the terms and conditions of the original award with no price increase. It is the University's intention to solicit a request for proposal prior to October 2006.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
Awarded to:
Vendor: Marsh USA, Incorporated, Chicago, IL
Amount:
$150,000 plus reimbursement of insurance premiums
Terms: 11/1/02 to 10/31/05 with one renewal until 10/31/08
Number of Unsuccessful, Responsive Respondents:
4
The University award process may be delayed up to thirty days as this award goes through a state approval process.
First published
Wednesday July 24, 2002
Sealed responses will be accepted at the address below until
2:00 PM,
Friday August 16, 2002:
Purchasing Office
108 Miles Hall
Southern Illinois University Carbondale
Carbondale,
IL
62901-6813
for excess medical professional insurance brokerage services.
Southern Illiniois University Carbondale is requesting proposals for the services of a licensed brokerage firm to serve, as broker of record, to provide brokerage and risk management services for the marketing and placement of the University's excess medical professional insurance coverages.
Proposals will be reviewed by a University appointed panel and an award will be made to the most qualified proposer whose proposal is determined to be the most advantageous to the University, taking into consideration price and the evaluation factors set forth in the request for proposal.
(Submitted by Cathy Hagler, State Purchasing Officer.)
For additional information, contact:
Richard Parrish
Phone: (618) 453-5751
FAX: (618) 453-6714
E-Mail:
rparrish@siu.edu