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Public Higher Education Bulletin

 
Illinois Public Higher Education Cooperative
RFP #1RMM919
Request for Proposal: IPHEC Insurance Brokerage Services
Change Order
Published Wednesday July 19, 2017
Vendor: Marsh USA, Inc.
Change Order Amount: $332,000

Purchase of Aviation Liability insurance.
The State Purchasing Officer for this procurement is now Geno Marchizza.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
Renewal Info
Published Monday May 9, 2016
Renewal entered into with:
Vendor: Marsh USA, Inc.
Amount: An estimated $6,255,000
Renewal: 3rd of 3, 7/1/2016 through 6/30/2018
Pricing Changes: 
Broker fees may increase by 3%.
Service/Product Changes: 
Policy coverage is adjusted as underwriting exposure units change.
Potential Future Renewals: None
The buyer for this procurement is now Ernest Olson, (309) 438-7611.

The University award process may be delayed up to thirty days as this award goes through a state approval process.
Renewal Info
Published Tuesday May 27, 2014
Renewal entered into with:
Vendor: Marsh USA, Inc.
Amount: An estimated $7,010,000
Renewal: 2nd of 3, 7/1/2014 through 6/30/2016
Pricing Changes: 
Broker fees may increase by 3%.
Service/Product Changes: 
Policy coverage is adjusted as underwriting exposure units change.
Potential Future Renewals: $7,010,000
The State Purchasing Officer for this procurement is now Tom Sestak.

The University award process may be delayed up to thirty days as this award goes through a state approval process.
Renewal Info
Published Thursday May 31, 2012
Renewal entered into with:
Vendor: Marsh USA, Inc.
Amount: An estimated $4,700,000
Renewal: 1st of 3, 7/1/2012 through 6/30/2014
Pricing Changes: 
Broker fees will increase by 3%.
Service/Product Changes: 
Policy coverage is adjusted as underwriting exposure units change.
Potential Future Renewals: $9,827,230

The University award process may be delayed up to thirty days as this award goes through a state approval process.
Change Order
Published Friday June 3, 2011
Vendor: Marsh USA, Inc.
Change Order Amount: $2,247,854

Purchase of Crime/Excess General Liability,Executive Protection, Liquor Liability, Aviation Liability for the period of July 1, 2011 through June 30,2012. Educator's Legal Liability, Excess Liability, and Foreign liability insurance and other misc. liability coverage through broker of record for the period of August 30, 2011 through August 29,2012.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
Change Order
Published Friday May 28, 2010
Vendor: Marsh USA, Inc.
Change Order Amount: $2,700,000

Purchase of Excess General Liability, Educator's Legal Liability insurance coverage, aviation liability insurance and other misc. liability coverage through broker of record for the period of July 1, 2010 through June 30,2011.
The buyer for this procurement is now Judy Johnson, (309) 438-7611.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
Change Order
Published Friday July 17, 2009
Vendor: Marsh USA, Inc.
Change Order Amount: $2,100,000

Purchase of Excess General Liability and Educator's Legal Liability insurance coverage through broker of record for the period of September 1, 2009 through June 30,2010.

The buyer for this procurement is now Judy Johnson (309)438-7611.
The buyer for this procurement is now Judy Johnson, (217) 333-1225.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
Change Order
Published Thursday June 25, 2009
Vendor: Marsh USA, Inc.
Change Order Amount: $475,000

Purchase of aviation liability insurance coverage through broker of record for the period of July 1, 2009 through June 30,2010. The buyer for this procurement is now Judy Johnson (309)438-7611.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
Award Info Published Monday January 26, 2009
Awarded to:
Vendor: Marsh USA, Inc., Chicago, IL
Amount: An estimated $490,000
Terms:
An estimated start date of 4/1/2009 through 6/30/2012

This vendor has agreed to extend their offer to other state universities of Illinois.

Renewals:
3 two-year
Number of Unsuccessful, Responsive Respondents: 3
The University award process may be delayed up to thirty days as this award goes through a state approval process.
This notice has been modified
Published Friday November 21, 2008
Amendment Four (#4) provides an answer to a vendor question regarding the RFP. Respondents are required to acknowledge changes set forth in the amendment and return with their proposal.
This notice has been modified
Published Tuesday November 18, 2008
Amendment Three (#3) provides answers to vendor questions regarding the RFP. Respondents are required to acknowledge changes set forth in the amendment and return with their proposal.
This notice has been modified
Published Monday November 10, 2008
Amendment Two (#2) provides answers to vendor questions regarding the RFP. Respondents are required to acknowledge changes set forth in the amendment and return with their proposal.
This notice has been modified
Published Tuesday November 4, 2008
Amendment One (#1) clarifies the services presented in the RFP Scope of Work. Please view the attachments for detailed information. Respondents are required to acknowledge changes set forth in the amendment and return with their proposal.
First published Tuesday, October 21, 2008
Sealed proposals will be accepted at the address below until 3:00 PM, Tuesday December 9, 2008:

616 E. Green Street, Suite 213
Champaign, IL 61820

The Illinois Public Higher Education Cooperative (IPHEC), an association, is an agent for preparing specifications, advertising, receiving, opening, tabulating and evaluating competitive proposals on behalf of the respective member Boards of Trustees. IPHEC is seeking proposals from qualified firms to provide insurance broker services for the purpose of soliciting insurance quotes for group placements of liability (currently Educators Legal, Excess General Liability, Foreign Liability, Liquor, and Airport/Aircraft Liability and Crime)insurance programs for participating University coverages effective on or about July 1, 2009.
The resulting contract is anticipated to begin April 1, 2009, so the selected vendor can get submissions to the market, if requested. In addition, the broker selected must have the ability to make individual Member placements (if requested) for Auto, Special Risk Accident, Small Business Packages, Medical Professional, Directors and Officers, Misc. Property and Liability, and Bonds, etc. The selected broker will not necessarily be asked to become the Broker of Record on policies that have not yet expired prior to the inception of this contract.
The selected broker will be appointed for an initial three-year period, subject to satisfactory annual performance reviews. Options for renewal (if offered by proposer) may extend the term of the contract for up to three (3) additional two-(2) year periods subject to satisfactory annual performance reviews.

For additional information, contact:
Rosey Murton
Phone: (217) 333-5049
FAX: (217) 239-6763
Submit one original and five copies of the response as defined in the specifications. The University reserves the right to accept or reject any and all responses or parts thereof. Proposal documents may be obtained by contacting the Purchasing Office. Illinois Department of Human Rights (IDHR) eligibility number is required on all proposals, if applicable.

This transaction is subject to the State Board of Elections registration and certification requirements of Public Act 095-0971.

The State of Illinois has a policy to encourage prospective vendors to hire qualified veterans, minorities, females, persons with disabilities and ex-offenders.

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