SLED Opportunity · WASHINGTON · WASHINGTON
AI Summary
Washington State seeks a study on insurance options to reduce costs for nonprofit and government affordable homeownership projects related to condominium construction defect liability.
The purpose of this RFP is to study how nonprofit organizations and government entities that sponsor permanently affordable homeownership projects (sponsors) may utilize different insurance coverage options and approaches to reduce project costs related to condominium construction defect liability while maintaining commensurate access to insurance coverage as directed by the 69th Legislature, 2025 Regular Session (2SHB 1516 (2025)).
SLED stands for State, Local, and Education. These are solicitations issued by state governments, counties, cities, school districts, utilities, and higher education institutions — as opposed to federal agencies.
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