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  5. ›INTERNATIONAL STUDENT SICKNESS & ACCIDENT GROUP INSURANCE (RENEWABLE)

University of Louisiana at Lafayette·Louisiana

INTERNATIONAL STUDENT SICKNESS & ACCIDENT GROUP INSURANCE (RENEWABLE)

Closes 5/27/2025$500k – $2MInvitation for Bid
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Description

The University of Louisiana at Lafayette is seeking bids for an International Student Sickness & Accident Group Insurance plan. The plan should provide coverage for international students and should be renewable. The successful bidder will be required to provide proof of successful operation in providing insurance coverage at other universities for at least the last five years, evidence of sufficient net worth, and other qualifications. The University reserves the right to award the bid on an all-or-none basis to the lowest responsible and responsive bidder. • The bid should include the unit price for each item and the total amount for each item based on the quantities listed. • The bid should be submitted electronically to [email protected]. • The bid should include all applicable taxes in the bid price. • The University is exempt from all Louisiana state and local sales and use taxes.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Martina Howard(Buyer of Record)

[email protected]

(337) 482-1079

Key dates

Opened
4/30/2025
Questions due
5/20/2025
Closes
5/27/2025
Duration
12 months

Last updated

Details

Type
Invitation for Bid
Industry
Insurance
NAICS
524114
Solicitation №
50011-ULLAF25032

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is likely to be in the range of $500,000 to $2,000,000 per year, based on the fact that the University is seeking a group insurance plan for international students. The actual budget will depend on the number of students insured, the premium rates, and other factors. The University's budget for this contract is not specified, but the contract may be extended for four additional twelve-month periods, which suggests that the University is planning for a long-term relationship with the successful bidder. Factors that may influence the likely payment range include the number of students insured, the premium rates, the deductible amounts, and the coverage limits. The successful bidder will need to provide a detailed breakdown of their costs and pricing structure in their bid.

AI estimate from the solicitation

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