USG- Public Private Venture (PPV) Insurance

Purpose of Procurement
Pursuant to the State Purchasing Act (Official Code of Georgia Annotated 50-5-50 et seq.), this electronic Request for Proposals (eRFP) is being issued to establish a contract with a qualified supplier who will provide Public Private Venture (PPV) Insurance to the Board of Regnets of the University System of Georgia (the State Entity) as further described in this eRFP.
The Board of Regents, University System of Georgia (USG), Office of Strategy & Fiscal Affairs - Finance manages the USG¿s Public Private Ventures (PPV) Real Estate Portfolio, which includes projects/facilities such as student housing, student wellness/recreation/activity centers, parking decks, dining halls, bookstores, stadiums, sports and recreation facilities, office buildings and performing arts centers. Management of the PPV Portfolio includes the administration of the portfolio¿s Group Purchase Insurance Policy (PPV Insurance Program). The USG¿s PPV Insurance Program was established in 2008 and has grown exponentially over the past twelve years, to include multiple project locations with property values exceeding $3.5B. This electronic Request for Proposals (eRFP) is being issued to establish a contract with a qualified supplier who will provide General Liability and Property Broker Services to policy members of the PPV Insurance Program, as further described in this eRFP.