Specialty Vehicle Insurance

2026-11-03

This Invitation for Bid ( IFB ) is issued by the SAS Office of State Procurement ( SAS OSP ) for the Department of Public Safety (“ DPS ” or “ Department ”) to obtain pricing and a contract for vehicle insurance . 2 . 1 MINIMUM QUALIFICATIONS A . The Prospective Contractor shall have a dedicated agent in position to assist the agency who shall , at minimum : 1 . Have at least five ( 5 ) years of experience . 2 . Have at least three ( 3 ) years of experience in drafting and reviewing manuscript policies and editing other policy form language . B . The Prospective Contractor shall be knowledgeable of all aspects of the insurance coverage referred to herein the IFB . C . The Prospective Contractor shall be licensed to do business in the State of Arkansas and shall be an admitted company prior to the award of any resulting contract . 2 . 2 GENERAL REQUIREMENTS A . The Contractor shall have the authority to effectuate the binding of coverage . B . The Contractor shall have an A . M Best Company rating of A ( Excellent ), Class Financial Size Category ( FSC ) XII or better . C . The Contractor shall have a dedicated agent in position to assist the agency with any questions and / or problems regarding policy . D . The Contractor shall have a Claims Manager in position to provide claim management on all claims . E . The Named Insured must be “ Arkansas State Police ”. F . Where a conflict between the specifications and requirements of this IFB and the Insurance Policy ( s ) exists , all specifications and requirements herein shall govern . G . Any conflict settlement must be in the best interest of DPS . 2 . 3 POLICY REQUIREMENTS A . The Contractor shall provide annual coverage and price negotiations with Insurers to secure the best terms and provisions for all coverage . B . The Contractor shall provide an annual evaluation of the commitment and financial stability of the insurance company to ensure compliance with all IFB specifications . C . The Contractor shall review policies for accuracy and correctness in advance of policy issue and delivery to minimize the need for corrections by endorsement . D . The Contractor shall deliver one ( 1 ) electronic copy and one ( 1 ) paper copy of each policy and all endorsements to the DPS . E . The Contractor shall negotiate all additional policy form changes with the insurance company as requested and approved by DPS . F . The Contractor shall provide a policy that includes replacement cost coverage . Vehicle & Equipment Description VIN & Item Number QTY Deductible Values 2008 Freightliner Mobile Command Center with Accessories CIASS m2 Armored 1FVHC5DEX8HZ86037 1 $ 25 , 000 $ 435 , 358 . 00 Truck B . E . A . R . Tactical Vehicle 1FVAC3BS88HZ04045 1 $ 25 , 000 $ 374 , 624 . 00 Truck Bearcat 3 Tactical Vehicle 1FDAF5HT6GEB87753 1 $ 25 , 000 $ 343 , 572 . 00 Truck Nomad Tactical Command Vehicle 1FD8W3HT8FEA64845 1 $ 25 , 000 $ 322 , 756 . 00 2022 Bearcat Tactical Vehicle 1FDUF5HT2NDA13646 1 $ 25 , 000 $ 352 , 439 . 00 AUC 1000 Communication System B0000050872 1 $ 5 , 000 $ 28 , 631 . 00 AMX Autopatch 32x16 Router N / A 2 $ 5 , 000 ( each ) $ 4 , 945 . 00

Arkansas

2026-05-13