Government Contract | Connecticut
Legal Services, Captive Insurance Company Formation

Bid Information

Bid Alert No: 00000427805

Bid Title: Legal Services, Captive Insurance Company Formation

Agency Bid No. Title: Not Stated

Received Date: 12/01/2015

Close Date: 12/16/2015

Purchase Type: Not Stated

Delivery Point:

Delivery Date: Not Stated


Specifications include, but are not limited to:TheCapitolRegionEducationCouncilisthe f i r s t a n d l a r g e s t o f C o n n e c t i c u t s s i x R e g i o n a l E d u c a t i o n a l S e r v i c e s C e n t e r ( R E S C s ) c o m p r i s i n g 3 5 m e m b e r p u b l i c school districts in north central Connecticut. CREC was established in 1966 as a grassroots effort of local school districts and organized that year under the provisions of the Connecticut General Statute (C.G.S.), Section 10-66A.-N. The Connecticut State Department of Education is the recognized regulatory State agency. The Council is governed by publicly elected board of education members appointed by each member school district. The Council appoints an Executive Director to serve as the executive agent of the Council. Pursuant to C.G.S. 10-66c., CREC as a regional educational service center is a body corporate and politic and as such is a public educational authority acting on behalf of the State of Connecticut. The CREC Office for Regional Efficiencies was founded to help school districts and municipalities find ways to save money through collaboration. Through this office, CREC is coordinating the process of forming a Captive insurance company ready to begin operation on July 1, 2016, on behalf of CREC and approximately twenty municipalities and school districts with a total of more than 5,000 employees. The captive governing board will consist of representatives from participating municipalities and boards of education, including CREC. III. NATURE OF SERVICES REQUIRED A. General The CREC Office for Regional Efficiencies (CORE) is soliciting proposals from law firms licensed in Connecticut and with captive insurance expertise, or expertise in insurance regulatory work, or municipal and public school district risk pooling experience. Firms should also be experienced with the Connecticut Insurance Department policies and procedures required to create a captive insurance company domiciled in Connecticut beginning July 1, 2016

Bid Related Documents

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Product Code: 96149

Agency Information

Issuing Agency: Capitol Region Education Council

State: Connecticut

Agency Type: State and Local

Contact: 111 Charter Oak Avenue, Hartford, Connecticut, 06106



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