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  5. ›Participant Accident Coverage for Intercollegiate Athletics

Louisiana Tech University·Louisiana

Participant Accident Coverage for Intercollegiate Athletics

Closes 7/23/2026$500k – $1MInvitation for Bid
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Description

The Louisiana Tech University Office of Purchasing is seeking sealed bids for participant accident coverage for intercollegiate athletics. The coverage will be for a period of one year, with the option to renew for two additional years. The successful bidder will provide accident medical expense benefits, aggregate deductible, and stop loss premium. The university is looking for a vendor that can provide a comprehensive plan that meets the NCAA requirements and provides adequate coverage for its student-athletes. Some key points to consider: * The plan must contain minimum provisions such as accident medical expense benefit, aggregate deductible, and stop loss premium. * The vendor must be licensed to do business in the state of Louisiana and have a good reputation. * The vendor must provide a detailed description of their plan, including the premium, exclusions, and terms and conditions. * The vendor must also provide references and a list of colleges or universities they have previously insured.

Attached files

Contact

[email protected]

(318) 257-4205

Key dates

Opened
6/17/2026
Questions due
7/1/2026
Closes
7/23/2026
Duration
1 years

Last updated

Details

Type
Invitation for Bid
Industry
Insurance
NAICS
5241
Solicitation №
50012-656-27

Budget estimate

$500,000 – $1,000,000

The budget for this opportunity is likely to be in the range of $500,000 to $1,000,000 per year, based on the fact that the university is seeking coverage for approximately 500 student-athletes and the premium for such coverage can range from $1,000 to $2,000 per student-athlete per year. The actual budget will depend on the specific terms and conditions of the contract, including the premium rate, deductible, and stop loss premium.

AI estimate from the solicitation

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