Free platform. Licensed broker.

Light RFP is an insurance brokerage for the built environment, powered by a free AI-driven procurement platform.

Light RFP Risk Management Services LLC · NY DFS License # PC-1978982

Follow one job down the street.

From the notice on the fence to the keys. Posting, bidding and leveling cost nothing on either side; Light RFP earns a commission from the carrier on all policies and bonds it places.

The notice goes up.
An owner describes the project and AI drafts the RFP; bond-ready vendors are invited to bid.
Post it: free
Contractors pull up.
GCs and trades find public and private RFPs by trade and location, with no paywall. Bidding is free, and so is the bid bond, in every state we serve; its application doubles as prequalification for the performance and payment bonds.
Bid it: free
The bids get leveled.
AI reads every bid and lays them side by side: scope coverage, pricing, exclusions, warranties and insurance. Red flags get called out, and the best value is easy to see.
Level it: free
The award gets bonded.
The owner awards the job 100% bonded, and the winning contractor buys the performance and payment bonds: a flat 3% of the contract value for both, from A-rated carriers. Nearly 1 in 10 construction businesses closes each year (per BLS Business Employment Dynamics). If the contractor defaults, the performance bond pays to finish the job, up to the bond amount. If a sub or supplier goes unpaid, they can claim on the payment bond instead of looking to the owner.
Bond it: we earn
How our bonds work
The frame goes up insured.
Builder’s risk covers the project itself while it is under construction, for the owner or GC building it. The contractor carries its own general liability, commercial auto, tools and equipment, and workers’ comp, matched to the bid spec.
Insure it: we earn
Builder’s risk Contractor insurance
The keys change hands.
The finished building joins the owner’s portfolio, insured through our brokerage: property, general liability, umbrella, loss of rent and flood.
Insure it: we earn
Property insurance

How Light RFP makes money.

Posting and bidding are free. Light RFP earns a commission from the carrier on all policies and bonds it places, and in select cases a poster pays a SaaS fee to pay vendors by ACH. That is the whole model.

One job, notice to keys
Item	You pay	Light RFP earns
Posting an RFP, drafted by AIFor: Owner	$0	$0
Finding work and biddingFor: Contractor	$0	$0
AI bid levelingFor: Owner	$0	$0
Bid bondFor: Contractor	$0	$0
Subtotal, notice to awardFor: Both sides	$0	$0
Performance and payment bondsFor: Contractor	Flat 3% of the contract	As the broker
Builder’s riskFor: Owner or contractor	The policy premium	As the broker
Contractor insuranceFor: Contractor	The policy premium	As the broker
Property insurance for the portfolioFor: Owner	The policy premium	As the broker
Paying vendors by ACHFor: Poster, in select cases	A SaaS fee	The fee

Light RFP started as a place to run RFPs. Bonds and insurance came next, because contractors who won work on the platform had to go somewhere else to get bonded and insured.

Who you’re dealing with.

A job site posts a sign at the gate saying who is building it. This is ours.

To check the license, search PC-1978982 or Light RFP Risk Management Services LLC on the New York Department of Financial Services producer lookup (opens in a new tab).

How our bonds work Help & FAQ

Insurance and bonds for the built environment, on a free procurement platform.

The platform: Light RFP, Inc.Runs the free procurement platform: RFPs, bids, AI bid leveling, the marketplace.
The brokerage: Light RFP Risk Management Services LLCPlaces the bonds and insurance.NY DFS License # PC-1978982
Surety partner: Propeller BondsA managing general agency licensed in all 50 states. Bonds written by A-rated carriers.
Your contract: Owner and vendor, directlyLight RFP is not a party to the construction contract.

From a customer

“I have been surprised by the cost savings and speed of execution on every RFP we have completed. It gives me the confidence that I can come in below my budget numbers while maintaining a high level of quality.”

Christopher GildeaVice President, JLL

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