INSURANCEONGOING

District Reviews Idaho School Benefit Trust Insolvency

Lakeland Joint School District #272 is reviewing its obligations under the Idaho School Benefit Trust for the 2025/2026 school year following notice of the trust’s insolvency. The district must cover its share of the deficit, with options including a one-time payment to reduce the total amount owed, and must select and complete a payment approach by late September 2026.

Status
ONGOING
Document date
September 2, 2026
Contract type
INSURANCE
Vendor
Idaho School Benefit Trust
Agency
Lakeland Joint School District 272 · ID

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$705,941.28 (or reduced to $644,677.44 if one-time payment is made)
Contract type
INSURANCE
Contract term
2025/2026 School Year
Renewal
The LJSD & ISBT contract for the 2025/2026 school year includes renewal details referenced in Board materials, indicating the relationship was renewed for that school year. Future renewals may be affected by the insolvency and potential takeover of ISBT by the Idaho Department of Insurance.
Document type
Agenda
Source document
Lakeland Joint School District #272 Agenda Review of Idaho School Benefit Trust Payment Options and District Plan 2026-09-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Lakeland Joint School District 272?

Idaho School Benefit Trust was awarded this insurance contract by Lakeland Joint School District 272, as recorded on September 2, 2026. The contract value is $705,941.28 (or reduced to $644,677.44 if one-time payment is made).

How much is the Idaho School Benefit Trust contract with Lakeland Joint School District 272 worth?

The Idaho School Benefit Trust contract with Lakeland Joint School District 272 is valued at $705,941.28 (or reduced to $644,677.44 if one-time payment is made), covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Lakeland Joint School District #272 Agenda Review of Idaho School Benefit Trust Payment Options and District Plan 2026-09-02 (Agenda), dated September 2, 2026 from Lakeland Joint School District 272. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Idaho School Benefit Trust hold?

Idaho School Benefit Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Idaho School Benefit Trust's profile

What is Lakeland Joint School District 272 currently buying?

Explore Lakeland Joint School District 272's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Lakeland Joint School District 272's profile

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