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  5. ›125.25.B1 K-12 Student Accident Insurance

Awarded contract·Board of Education of Howard County·Maryland

125.25.B1 K-12 Student Accident Insurance

Won by Bob McCloskey Insurance$28kSingle Award
Contract source

Awarded vendors

  • Bob McCloskey Insurance

Description

This contract is for K-12 student accident insurance, which covers all enrolled students participating in school district activities, including sports, for catastrophic accidental injuries. The contract is with Bob McCloskey Insurance and has a term of one year, from July 1, 2025, to August 1, 2026. The contract has a value of $27,923.35. The insurance coverage has a maximum medical benefit of $6,000,000 and a maximum cash benefit of $1,000,000, with a deductible of $25,000. * The contract is a single source procurement, justified by the fact that the Maryland Association of Boards of Education (MABE) Group Insurance Pool sourced this insurance coverage in the marketplace, making it cheaper for the school district to seek this coverage as a group rather than individually. * The contract is requested by the Office of Risk Management, with Pierre van Greunen as the Account Manager. * The contract has been approved by the Board of Education of Howard County.

Attached files

Key dates

Starts
7/1/2025
Ends
8/1/2026
Duration
1 years

Last updated

Details

Award type
Single Award
Industry
Education
NAICS
524298
Solicitation №
125.25.B1

Contract value

$27,923

The contract value is explicitly stated as $27,923.35, which is the cost of the K-12 student accident insurance for one year. This value is likely based on the number of students enrolled in the school district and the cost of providing insurance coverage for catastrophic accidental injuries.

AI estimate from the award documents

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