BA-2026-OA-017-IN Bridge Property and Loss of Revenue Insurance

The New York State Bridge Authority is seeking proposals to provide insurance for the above referenced risk.

The individual Insurance Specifications, attached, setting forth the requirements of each insurance policy sought by this Request for Proposals (RFP), include specimen policy terms, are a part of this RFP. The Insurance Specifications should be closely studied by all potential proposers before the submission of any proposals.

The Authority is seeking three one-year contracts of insurance and will retain the right to renew, at its option, any contract awarded for two additional one-year periods, if the vendor subsequently offers renewal in a timely manner at substantially the same terms, conditions and rates – subject to modification for actual loss experience.

The following items are required:

• A Summary Statement of the coverage offered explicitly reciting whether or not the proposed policy(s) conform to the Specifications and the details of any variation in form or content with the Specifications and/or the current policy;
• The names and addresses of all parties included in the proposal and their roles in providing the insurance (broker, agent, insurer, etc);
• NAIC Number and A.M. Best rating of all insurance companies participating in the proposal;
• Cost of coverage.
• Cost of applicable taxes
• Any additional information the proposer believes the Authority should have to assist it in evaluating the proposal.
• Any brokerage fee to provide the required services associated with marketing and placement of insurance for the Authority. [...] A lump sum annual brokerage fee will be paid on January 1 coinciding with each new policy year for each year during the term of the contract.
• Offeror disclosure and certification Appendices G, I, J, J-1, K, L, & R.

**Submission:** Proposals are preferred in hard copy form and a thumb drive with a single PDF file with all required documents will also be accepted. Hardcopy proposals must be in duplicate, and all proposals must be signed by an authorized officer of the proposer and received by Brian Bushek, Treasurer of the New York State Bridge Authority, at the Bridge Authority’s main office, at the Mid-Hudson Bridge Plaza, P.O. Box 1010, Highland, New York 12528, no later than **10:00 A.M., December 7, 2026**. Email will be accepted by the same hardcopy due date at bbushek@nysba.ny.gov in PDF format and must include all information required for submission in a single email submission.

**Evaluation:** Responsive proposals will be evaluated with consideration for the following factors:

1. Conformity with the request for Proposals, including the Insurance Specifications, and the specimen policy terms;
2. Cost; and,
3. Unsatisfactory past experience, if any, with the proposing parties.

Only proposals offering insurance policies issued by insurers listed and rated A-/X or better in the latest edition of Best’s Key rating guide will be considered responsive in regard to any and all of the available contracts.

For all contracts the cost will be evaluated based on a lump sum for all coverage identified in the Insurance Specifications including any brokerage fees and taxes.