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Awarded contract·Citadel Military College of South Carolina·South Carolina

Insurance Broker Services – The Citadel

Won by Arthur J. Gallagher Risk Management Services LLC$85kAwarded 6/7/2023Single Award
Contract source

Awarded vendors

  • Arthur J. Gallagher Risk Management Services LLC

Description

The Citadel selected Arthur J. Gallagher Risk Management Services LLC to serve as its sole insurance broker for a suite of campus‑wide risk‑management programs, including liability, crime, cyber‑risk, kidnap‑and‑ransom, and educators‑legal‑liability coverage. The broker will place, administer, and renew policies, provide loss‑run data, issue certificates of insurance, and act as the liaison between underwriters and the university. The contract runs for one year with a fixed‑price ceiling of $17,000 per year, renewable up to four additional one‑year terms for a total possible value of $85,000.

Attached files

Key dates

Bids closed
5/18/2023
Intent to award
6/7/2023
Awarded
6/7/2023
Contract modified
4/25/2023
Starts
10/1/2023
Ends
9/30/2028Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524210
Solicitation №
RFP 23013‑JD

Contract value

$85,000

The Intent‑to‑Award document explicitly states an annual ceiling of $17,000 and a total not‑to‑exceed amount of $85,000 for the five‑year maximum term. No other monetary figures are provided, so the contract value is taken as $85,000. This amount reflects a modest brokerage retainer rather than large‑scale insurance procurement, consistent with a single‑vendor, fixed‑price award.

AI estimate from the award documents

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