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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.$738kAwarded 6/3/2022Single Award
Contract source

Awarded vendors

  • Team Assure, Inc.

Description

This contract provides comprehensive accident and injury insurance coverage for student‑athletes participating in school sports within Richland County School District One. The district selected Team Assure, Inc. to deliver the policy for a three‑year period, with an annual value of approximately $246 K, covering all required risk management and claim handling services. • Scope: Provide sport‑related accident/injury insurance for district student‑athletes. • Awarded to: Team Assure, Inc., a specialized insurance carrier. • Term: July 1 2022 – July 1 2025 (maximum three‑year period) with a fixed annual fee. • Procurement: Competitive bid process with bid opening on May 9 2022; award finalized June 3 2022.

Attached files

Key dates

Bids closed
5/9/2022
Intent to award
6/3/2022
Awarded
6/3/2022
Starts
7/1/2022
Ends
7/1/2025
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524210
Solicitation №
CBVB 2022-021

Contract value

$738,000

The award documents state an annual contract value of $245,977. Multiplying by the three‑year term yields a total contract amount of $737,931. Rounding for reporting purposes, the contract is valued at approximately $738 K. This estimate assumes the annual fee remains constant over the term and that no additional options or extensions are exercised.

AI estimate from the award documents

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