The government authority in Memphis, Tennessee seeks qualified vendors to provide comprehensive insurance brokerage and consulting services. Responsibilities will include placing the authority's insurance coverages, assisting staff with insurance-related issues, and delivering detailed, written recommendations regarding coverage options as determined by the authority.

The selected vendor will design specifications for the insurance program, market the program for coverage when instructed, assist with completing applications and documents, and collect data requested by insurance companies. Duties also encompass analyzing proposals from insurers, negotiating changes to benefit the authority, verifying price reasonableness, and providing summaries of various insurance program options with details on coverages, retention levels, terms, conditions, and payment methods.

Vendors must provide expert recommendations to secure the most advantageous insurance program, offering the highest coverage at the best possible price aligned with the authority's objectives. The scope also includes analysis of cost-effective strategies for managing airport liability exposures, and representing the authority in all negotiations with insurers, underwriters, and other stakeholders. The contract is intended for a five-year term. A non-mandatory pre-bid meeting is scheduled for May 6, 2026, and all questions should be submitted by May 14, 2026.