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<br /> <br />Agenda Item #2d <br /> <br />MEMORANDUM <br /> <br />October 26,2000 <br /> <br />To: <br /> <br />Northstar Corridor Development Authority <br /> <br />From: <br /> <br />Executive Committee <br /> <br />Subject: <br /> <br />Procurement Process for Insurance Broker <br /> <br />. <br /> <br />The Executive Committee is requesting authorization for staff to issue a Request for <br />Qualifications (RFQ) to insurance consultants/brokers. The purpose of an insurance <br />consultant/broker would be to recommend whether Owner Controlled Insurance <br />Program (OCIP) is appropriate for the design and construction phase of the Project, to <br />advise on appropriate risk management techniques during the testing and operations <br />phases of the Project, and, if requested, to provide insurance and other risk transfers <br />appropriate to the Project. The proposal process is as follows: <br /> <br />November 2, 2000 - NCDA Board authorizes issuance of RFQ <br />November 13, 2000 - Release and publication <br />November 24, 2000 - Deadline for submission of questions <br />December 4, 2000 - Responses due <br />December 14, 2000 - Approximate date of interviews <br />January 4, 2001 - NCDA Board selects qualified insurance <br />consultants/brokers for short list <br />- Mailing of Request for Proposals to pre- <br />qualified consultants/brokers <br />- Pre-proposal conference <br />- Proposals due <br />- NCDA Board authorizes negotiations with <br />one or more proposers <br />March 2 - 26, 2001 - Negotiations <br />April 5, 2001 - NCDA Board awards contract <br /> <br />January 5,2001 <br /> <br />January 11, 2001 <br />February 12, 2001 <br />March 1, 2001 <br /> <br />. <br /> <br />Action Requested: The Executive Committee recommends that the NCDA <br />authorize staff to issue an RFQ for Administrative and Brokerage Services for an Owner- <br />Controlled or Other Insurance Program and approve the procurement process for an <br />insurance broker as listed above. <br /> <br />Northstar Corridor Development Authority <br />21003'<1 Avenue, Anoka, Minnesota 55303-2265 (763) 323-5700 Fax: (763) 323-5682 www.northstartrain.org <br />