Government Contract | Connecticut
Professional Captive Management Services

Bid Information

Bid Alert No: 00000448123

Bid Title: Professional Captive Management Services

Agency Bid No. Title: Not Stated

Received Date: 12/24/2015

Close Date: 01/15/2016

Purchase Type: 3 year term

Delivery Point:

Delivery Date: Not Stated


Specifications include, but are not limited to:The Capitol Region Education Council (CREC) Office for Regional Efficiencies is soliciting proposals from firms recognized by the Connecticut Insurance Department with expertise in captive management services for a Connecticut-domiciled captive insurance company (the Captive) to be owned by CREC and various Connecticut school districts and municipalities. The Captive, which is in the formative stages now, is expected to begin assuming risk through policies issued with inception date of July 1, 2016, and will initially provide medical stop loss insurance. To be considered, the original, 5 paper copies, and one electronic copy on a flash drive of the completed proposal must be received by 3:00 p.m. on Friday, January 15, 2016. The Assistant Manager of the CREC Office for Regional Efficiencies will serve as proposal coordinator and reserves the right to reject any or all proposals submitted. Proposals will be reviewed by CREC and a subcommittee of the Advisory Committee guiding the formation of the captive. The Advisory Committee is made up of prospective members, which include Connecticut school districts and municipalities. During the evaluation process, CREC and the subcommittee reserve the right, where it mayservethegroups best interest, to request additional information or clarifications from proposers, or to allow corrections of errors or omissions. At the discretion of CREC and the subcommittee, firms submitting proposals may be requested to make oral presentations as part of the evaluation process

Bid Related Documents

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Product Codes: 95861, 91869, 95300

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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