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City to issue RFQ for insurance brokerage as current three‑year contract nears expiration
Summary
Staff told the board the city's contract with the current insurance broker, Stafford & Stafford, expires in September and the city will issue a request for qualifications (RFQ) this summer to select a broker; staff recommended a 3-week solicitation period and formation of a review committee.
Peculiar staff told the Board of Aldermen July 21 that the city will issue a request for qualifications (RFQ) for property and liability insurance brokerage services before the existing Stafford & Stafford contract expires in September.
Why it matters: The broker helps the city obtain liability coverage from a small set of insurers that underwrite public entities in Missouri. Changing brokers does not necessarily change the city’s…
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