This contract is for cyber risk insurance services for Coastal Carolina University. The contract was awarded to Aon Service Corporation for a total potential value of $87,668.00. The contract period is from September 15, 2016, to September 15, 2017. The scope of work includes providing cyber risk insurance policy for one year. Some key points to note are:
* The contract was awarded through an Invitation For Bid (IFB) process.
* The contract has a maximum contract period of one year.
* The contractor should not perform work on or incur any costs associated with the contract prior to the effective date of the contract and receipt of a University purchase order.
* The University assumes no liability for any expenses incurred prior to the effective date of the contract and issuance of a purchase order.
Some key features of this contract include:
* The contract is for a specific type of insurance (cyber risk insurance).
* The contract has a specific contract period (one year).
* The contract has a specific total potential value ($87,668.00).
* The contract was awarded to a single vendor (Aon Service Corporation).