Participant Accident Coverage for Intercollegiate Athletics

Louisiana Tech University's Office of Purchasing is requesting bids on participant accident coverage for intercollegiate athletics under ITB with bids due July 23, 2026 at 2:00 PM CST, with written questions due July 1, 2026 at 5:00 PM CST.

The scope comprises two components: secondary insurance for all student-athletes on an aggregate deductible platform with medical benefit maximum of $90,000, and international student-athlete health insurance with per-term premiums for three age groups (22 and under, 23–26, 27–30) and medical benefit minimum of $100,000. Component #1 pricing must include administrative fees, aggregate deductible amount, and stop-loss premium on an annual basis. Both components cover accident medical expense, accidental death and dismemberment, physiotherapy, durable medical equipment, dental treatment, and related medical services.

Vendor eligibility requires Louisiana licensure as an insurance agent or broker and an A.M. Best rating of A or better. Bidders must submit a bid bond of $25,000 (five percent of $500,000), evidence of net worth, references from a minimum of five current clients providing similar services, an organizational chart, and detailed plan-provision descriptions.

The contract term runs August 1, 2026 through June 30, 2027, with options to renew for two additional one-year periods by mutual agreement. Award will be made to the single vendor submitting the lowest responsive aggregate pricing across both components combined. Pricing must remain firm for at least 30 days from bid opening. Answers to submitted questions will be posted as an addendum by July 9, 2026 at 5:00 PM CST. The office is located at 208 Keeny Circle, Room 408, Ruston, Louisiana 71272.