RFP - Risk Management & Insurance Broker Services
Lincoln Electric System and District Energy Corporation seek a risk management and insurance broker to design property and casualty coverage strategies across utility operations. The selected firm will deliver comprehensive consulting and brokerage services tailored to the utility's operational and regulatory environment. Proposals due March 19, 2026.
Categories
Important dates
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Published
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Submission deadline
Deadline passed
AI overview
Lincoln Electric System (LES) is issuing this Request for Proposal to select a qualified firm to provide risk management and insurance broker services. The selected firm will provide guidance with the appropriate property and casualty coverages for LES and District Energy Corporation (DEC). The successful respondent will be responsible for delivering comprehensive risk management consulting and insurance brokerage services tailored to the utility's operational needs.
Successful respondents must meet specific contractual and regulatory requirements. These include completing the LES Standard Service/Consulting Contract, furnishing proof of insurance with coverage specified in the contract from an insurance company licensed to do business in Nebraska with a minimum A.M. Best's Rating of B+, and ensuring that LES is listed as an additional insured for general liability with a waiver of subrogation included in the certificate of insurance. Additionally, respondents must complete the LES Confidentiality and Security Agreement (Form 790) and the Equal Employment Opportunity Compliance Request Form.
Key dates for this procurement include an available date of February 27, 2026 at 8:08 AM CST, a clarification deadline of March 6, 2026 at 4:00 PM CST, and a submission due date of March 19, 2026 at 2:00 PM CST. This is a two-step unsealing process. All questions must be submitted through the bid portal under the Clarifications tab.
Resources & contact
Proposal Document
View proposal documentSolicitation number
026-26
Contact
- LES Procurement Department
- procurementdept@les.com
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