Description
The purpose of this Request for Qualifications (RFQ) is to solicit Statements of Qualifications (SOQ) from qualified companies for insurance services for the Quad Cities Land Bank Authority (QCLBA).
The Quad Cities Land Bank Authority is an intergovernmental agency formed in April 2022 by the City of Moline, City of Rock Island, and City of East Moline.
The Mission of the QCLBA is to
strategically acquire vacant, abandoned, tax delinquent properties, address title liabilities, and facilitate the revitalization of those properties to a productive use consistent with local government plans and priorities.
This work will be accomplished through condemnation, foreclosure, and strategic partnerships with developers, community organizations, lenders, and local governments, to improve quality of life, stabilize the tax base, and enhance economic opportunities.
As the insurance services provider, responders will manage and maintain insurance coverage for Board of Directors liability, General liability coverage for the QCLBA, and basic liability coverage for any real estate properties owned by the QCLBA.
Statements of Qualifications shall be placed in a sealed envelope and clearly marked on the front “Response to QCLBA Request for Qualifications” and must be received at the Clerk’s Office (2nd Floor) in the City of Moline City Hall, 619 16th Street, Moline, Illinois 61265, until 4:00 p.m. (local time), on Monday, March 20, 2023. Electronically transmitted responses should be sent to
mchappell@moline.il.us
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The entire RFQ can be found on the
City of Moline’s website
. The QCLBA reserves the right to reject any or all responses hereto, as well as the right to waive any technicalities in otherwise responsive submissions if it should be deemed in the public interest and to invite for interviews and the firms which are, in its opinion, most advantageous to the QCLBA.
Publication Date/Time:
2/27/2023
TIME:
Closing Date/Time:
3/20/2023, 4:00 p.m. CST
Contact Person:
Mary Chappell
Mchappell@moline.il.us
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Related Documents:
Quad Cities Land Bank Authority Insurance Services RFQ
