DQ Insurance provider for Error & Omissions Licensed REB

Background
The State of Colorado is seeking a contractor to provide insurance services specifically for Errors and Omissions coverage for licensed Real Estate Brokers. This contract aims to ensure that the State's real estate professionals are adequately protected against potential claims arising from their professional services, thereby supporting the mission of the State in regulating and overseeing real estate practices.

Work Details
The contractor will provide Errors and Omissions insurance coverage tailored for licensed Real Estate Brokers in Colorado. This includes:
- Coverage for claims made against brokers for negligence, errors, or omissions in the performance of their professional duties.
- Legal defense costs associated with such claims.
- The policy must comply with all applicable state laws and regulations governing real estate practices in Colorado.
- The contractor is responsible for ensuring that all necessary documentation and certifications are provided to the State as part of the insurance policy.

Period of Performance
The contract will commence on the effective date specified in the contract cover page and will continue until the initial expiration date, with options for extensions as outlined in the contract terms.

Place of Performance
The services will be performed within the State of Colorado, specifically targeting licensed Real Estate Brokers operating in this jurisdiction.

Bidder Requirements
Bidders must demonstrate compliance with state licensing requirements for insurance providers in Colorado. Additionally, bidders should provide proof of financial stability and experience in providing Errors and Omissions insurance tailored to real estate professionals.