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Awarded contract·Richland County School District One·South Carolina

Provide Workers Compensation and Property Casualty Insurance

Won by South Carolina School Board Insurance Trust$1.6MAwarded 7/9/2021Single Award
Contract source

Awarded vendors

  • South Carolina School Board Insurance Trust

Description

This contract awards Richland County School District One a one‑year workers’ compensation and property casualty insurance program. The district selected South Carolina School Board Insurance Trust as the sole provider for a maximum estimated value of $1.58 million, with coverage spanning July 2025 through June 2026. The procurement followed a standard RFP process, with bids opened on April 29 2021 and an intent‑to‑award posted on June 24 2021. No work may commence before the award becomes effective on July 9 2021, and the district assumes no liability for costs incurred prior to a valid purchase order. • Scope: Workers’ Compensation and Property Casualty insurance for a public‑school district. • Awarded Vendor: South Carolina School Board Insurance Trust. • Contract Value: $1,582,630 (estimated maximum). • Performance Period: July 1 2025 – June 30 2026.

Attached files

Key dates

Bids closed
4/29/2021
Intent to award
7/9/2021
Awarded
7/9/2021
Starts
7/1/2025
Ends
6/30/2026
Duration
1 year

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524210
Solicitation №
RFP 2021-018

Contract value

$1,582,630

The intent‑to‑award notice explicitly lists an estimated maximum contract value of $1,582,630.00 for the 12‑month insurance period. Because the document provides this figure, the best estimate of the contract’s worth is $1.58 million, reflecting the total premium the district expects to pay for workers’ compensation and property casualty coverage. No additional costs or optional renewals are mentioned, so the figure stands as the definitive contract value.

AI estimate from the award documents

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