Six vendors responded and their proposals were evaluated by a committee of district personnel. Two firms were selected for presentations and the committee recommended awarding to the highest ranked firm, First Florida Insurance Brokers. First Florida was the incumbent provider and held their commission fees to $200,000 annually for the last five years. The new agreement will hold their total compensation to $230,000 for the first year with an escalation not to exceed 5 percent per year thereafter. The new agreement also provides additional services not required in past years including risk management services, safety program development, and assistance to district partners in meeting the need for required insurance.

The initial term of this contract is for three years, with two one-year renewals. The Superintendent is authorized to approve any extension agreements, per the terms of the specifications.