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Lubbock ISD·Texas

Property and Boiler/Machinery Insurance

Closes 2/6/2026$500k – $5MRequest for Proposal
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Description

The Lubbock Independent School District is seeking proposals for Property and Boiler/Machinery Insurance. The initial contract will begin on April 1, 2026, and end on March 31, 2027, with the option to renew for four additional one-year terms. The District reserves the right to award on a "line item" basis or "all or none" basis, whichever is most advantageous to the District. The contract will be awarded to the respondent whose submittal is most advantageous to the District, considering the relative importance of price and other evaluation criteria. Some key points to consider are: • The District is seeking proposals from responsible suppliers to provide Property Casualty Insurance. • The contract will be for a term of one year, with the option to renew for four additional years. • The District reserves the right to award the contract on a "line item" basis or "all or none" basis. • The contract will be awarded based on the best value method, considering factors such as price, reputation, quality, and past performance. • The respondent must provide a minimum of three references and outline their experience in providing property and casualty services to similar political subdivisions.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Carol Evans(Contact)

(806) 219-0260

Key dates

Opened
12/8/2025
Questions due
1/16/2026
Closes
2/6/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524113
Solicitation №
2025-1118-RFP

Budget estimate

$500,000 – $5,000,000

The budget for this opportunity is difficult to estimate without more information about the specific insurance needs of the District. However, based on the fact that the District is seeking proposals for property and boiler/machinery insurance, it is likely that the budget will be in the hundreds of thousands or millions of dollars. The District's budget for insurance premiums is not specified, but it is likely that the selected vendor will be paid a significant amount to provide the necessary insurance coverage. Factors that may influence the likely payment range include the size and complexity of the District's insurance needs, the level of competition among vendors, and the District's budget constraints. A rough estimate for the budget could be between $500,000 and $5,000,000.

AI estimate from the solicitation

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