Yearly service contract for international travel insurance for LSU New Orleans study abroad and international educational travel programs. Bid opening November 12, 2026 at 2pm. Bids due by that time. Last day for questions November 3, 2026. Award to lowest responsible and responsive bidder on all-or-none basis. Contract period April 1, 2027 through March 31, 2028 with four one-year renewal options. Estimated **** participants per year. Insurance company must have A. M. Best rating not less than A and financial size category not less than VI. Bidders must provide three current university client references. Payment within 30 days from receipt of satisfactory products or invoice, whichever is later. Louisiana preference of 10% may apply to products. Bid bond not required. Vendor must be authorized to bind company.
Bids must be received by the stated bid opening time and date. bids . . . will be received by the purchasing office until the stated bid opening time and date and then publicly opened. Late bids will not be accepted.
Payment will be made within thirty days from receipt of products in satisfactory condition or within thirty days from date of invoice, whichever is later. payment will be made within thirty 30 days from receipt of products in satisfactory condition, or within thirty 30 days from date of invoice, whichever is later.
The manufacturer's standard published warranty and provision will apply. the manufacturers standard published warranty and provision will apply, unless more stringent warranties are otherwise required by lsu new orleans and specified in the solicitation.
Award will be made to the lowest responsible and responsive bidder. award will be made to the lowest responsible and responsive bidder.
Insurance company must have a current A. M. Best rating not less than A and financial size category not less than VI. the insurance company providing the insurance shall have a current a. m. bests rating not lessthan a and an a. m. bests financial size category not less than vi.
Delinquent payment penalties are governed by L. R. S. 39:****. delinquent payment penalties are governed by l. r. s. 39: ****.
A sample policy and a sample brochure should be included with the bid. a sample policy and a sample brochure should be included with the bid.
Written requests for interpretation must be received no later than November 3, 2026. requests must be received in the purchasing office no later than november 3, 2026 prior to the opening of bids.
Submittal of contrary terms and conditions may cause bid rejection. submittal of any terms and conditions contrary to those contained within this solicitation may cause your bid to be rejected.
™
