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Awarded contract·Richland County School District One·South Carolina

Provide Student Athletic (Sports) Accident/Injury Insurance

Won by Team Assure, Inc.$780kAwarded 7/16/2019Single Award
Contract source

Awarded vendors

  • Team Assure, Inc.

Description

This contract awards the provision of comprehensive accident and injury insurance coverage for student‑athlete programs within Richland County School District One. The district selected Team Assure, Inc. to deliver the insurance policies, handling claims, and risk‑management services for a three‑year period. The agreement is valued at roughly $260 k per year, totaling about $780 k over its term. The district may not incur any costs prior to the award’s effective date, and the vendor must wait for a valid purchase order before beginning service delivery. • Scope: Student athletic accident/injury insurance for all district sports programs. • Value: $259,977 annual, approximately $780,000 total for three fiscal years. • Vendor: Team Assure, Inc., an Alabama‑based insurance provider.

Attached files

Key dates

Bids closed
6/3/2019
Intent to award
7/16/2019
Awarded
7/16/2019
Starts
8/26/2019
Ends
8/25/2022
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524210
Solicitation №
2019-040

Contract value

$779,931

The intent‑to‑award explicitly states an annual award amount of $259,977 for a three‑year term, giving a clear total contract value of $259,977 × 3 = $779,931. This figure likely represents the maximum spend for the insurance coverage, assuming no major changes in coverage scope or rate adjustments during the period. Therefore, the contract’s estimated value is approximately $780 k.

AI estimate from the award documents

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