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Awarded contract·Coastal Carolina University Procurement Services·South Carolina

Directors' and Officers' and Employment Practices Liability insurance - DH

Won by Keenan & Suggs, Inc.$195kSingle Award
Contract source

Awarded vendors

  • Keenan & Suggs, Inc.

Description

This contract is for Directors' and Officers' and Employment Practices Liability insurance for Coastal Carolina University and Horry County Higher Education Commission. The contract was awarded to Keenan & Suggs, Inc. for a total potential value of $195,000.00. The initial contract period is from July 1, 2016 to July 1, 2017, with a maximum contract period of three years. The contract includes insurance policy coverage for the university and its employees. Some key points to consider when evaluating this contract include the type of insurance coverage, the contract duration, and the total potential value. • The contract is for a specific type of insurance coverage, which may be relevant to other organizations with similar needs. • The contract duration is for three years, which may be a typical length for this type of contract. • The total potential value of the contract is $195,000.00, which may be a significant expense for the university. • The contract includes a notice of intent to award, which provides information about the award process and the successful vendor. • The contract also includes a protest procedure, which outlines the steps that can be taken by aggrieved parties.

Attached files

Key dates

Starts
7/1/2016
Ends
7/1/2019
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524114
Solicitation №
CCU-9300116

Contract value

$195,000

The contract’s total potential value is $195,000.00, with an evaluated amount of $65,000.00. This suggests that the contract is for a significant amount, but the actual value may be lower than the total potential value. The contract duration is for three years, which may be a typical length for this type of contract. Based on this information, it is likely that the contract value is substantial, but not excessively high. The factors that influence the likely contract value include the type of insurance coverage, the contract duration, and the total potential value.

AI estimate from the award documents

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