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Commercial Property Insurance Provider

Active
State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

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The contract requires the provider to supply and maintain commercial liability insurance coverage in accordance with the lease agreement, ensuring that the Orleans Parish School Board is named as an additional insured on all policies. This includes the timely issuance of certificates of insurance that confirm the required coverage levels and protective provisions are in place. The obligation extends to ongoing maintenance of the insurance throughout the duration of the lease relationship, with documentation provided as needed to demonstrate compliance. This subcontract is issued under the NAICS code 524126, relating to direct insurance carriers, and is solicited by the Orleans Parish School Board in Louisiana with a response deadline of September 1, 2026. The provider must meet all insurance requirements as stipulated by the lease terms, with no flexibility in the additional insured designation or coverage standards. The place of performance and specific agency office details are not specified, but the responsibility is tied directly to the School Board’s operational needs and property holdings within its jurisdiction.

General Info

Provider must insure and name Orleans Parish School Board as additional insured, maintaining coverage through lease term.

Agency

Louisiana → Orleans Parish School BoardView Agency

NAICS

524126 - Direct Property and Casualty Insurance CarriersView NAICS

Place of Performance

LA, US

Set-Aside

NONE

Documents

(0)

No documents available

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Timeline

Posted

subcontract

Response Deadline

Submission deadline

Response Deadline

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Organization & Contact Information

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AgencyLouisiana → Orleans Parish School Board
ContactsNo contacts available
OfficeN/A
Organization / Agency
Louisiana → Orleans Parish School Board
View Agency Profile
Office AddressN/A
ContactsNo contact information available

Full Description

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Provide and maintain commercial liability insurance coverage as required by the lease agreement, including issuing certificates of insurance with Orleans Parish School Board as additional insured.

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Same NAICS industry code

NAICS: 524126
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More opportunities from Louisiana → Orleans Parish School Board

Same awarding agency

NAICS: 531120
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LEASE OF SPACE FOR DR. CHARLES RICHARD DREW ELEMENTARY SCHOOL
Solicitation # 654321-27-FAC-00018
The Orleans Parish School Board is seeking a lessee to rent approximately 22,833 square feet of space on the third floor of Dr. Charles Richard Drew Elementary School in New Orleans, Louisiana, for the purpose of providing direct services to students, families, and community organizations. The lease term is for three years, with two optional one-year renewal periods, and the rental rate is set within a range of $15.00 to $18.00 per square foot per month, inclusive of utilities, resulting in an estimated annual contract value between $1.23 million and $1.48 million for the base period. Proposals must be submitted electronically by 10:00 A.M. CST on September 1, 2026, and must include a signed bid form, proof of legal authority to enter into the contract, a bid deposit equal to 10% of the proposed rent (minimum $75), and acknowledgment of all issued addenda. Failure to meet any of these requirements will result in automatic rejection. The contract operates under a Lowest Price Technically Acceptable (LPTA)-like evaluation model, where the highest acceptable rent within the prescribed range will be selected among technically compliant offerors. Key obligations for the lessee include maintaining minimum liability insurance, submitting financial documents to demonstrate capability to meet payment obligations, permitting semi-annual performance reviews and audits by the school board or federal funders, and adhering to a strict code of silence prohibiting unauthorized contact with district personnel during the solicitation period. The contract includes a non-appropriation clause, meaning funding is contingent on available revenue and may be withdrawn without penalty, and the school board retains unilateral rights to terminate the lease at the end of any year or immediately if deemed in its best interest. Rental increases during renewal periods will be determined solely by the school board, and all payments are due on the first of each month to the Office of the Executive Director of Procurement. The lessee must execute the lease within 15 days of award, and failure to submit insurance documentation within ten days of bid award will lead to disqualification. No specific federal acquisition regulation clauses, socioeconomic set-asides, CAGE codes, or UEI requirements are mandated, and there are no FOB or packaging specifications, as this is solely a space lease agreement.
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