MARAD Protection & Indemnity Policy Services

SolicitationNo Set AsideActive

Key Takeaways

Contract Details

Notice ID
693JF726R000003
Opportunity Type
Solicitation
Sub-Agency
MARITIME ADMINISTRATION
Office
693JF7 DOT MARITIME ADMINISTRATION
Posted Date
Wednesday, December 31, 2025
Response Deadline
Friday, January 30, 2026
PSC Code
G008
Set-Aside
No Set Aside
Place of Performance
WASHINGTON, DC, 20590
Status
Active

Description

MARAD seeks a state-licensed marine insurance broker to provide brokerage and consultancy services to MARAD and the SMAs in order to place, manage and administer (from producing coverage, to claim support with respect to the insurer) marine insurance P&I coverage for the said fleet of MARAD-owned vessels. The deliverable will be the placement and management of a fleet P&I coverage policy by a marine underwriter or a mutual assurance association with maximum club limits for the training ships.The marine insurance broker will be tasked with (1) canvassing the P&I club market to obtain the best value for fleet coverage of P&I risks, (2) advising MARAD on appropriate P&I coverage risks and costs, (3) placing P&I fleet coverage for the fleet on an annual basis, and 4) supporting MARAD with insu

Why This Opportunity Matters

TRANSPORTATION, DEPARTMENT OF is actively seeking qualified contractors for insurance agencies and brokerages with a set-aside for No Set Aside businesses in WASHINGTON, DC. This set-aside designation means eligible businesses face reduced competition from larger firms.

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