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U.S. Department Of State·United States of America

Health and Life Insurance Services

Closes 10/15/2026$150k – $500kRequest for Proposal
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Description

The U.S. Embassy in the Bahamas seeks a local, licensed insurance provider to deliver health and life insurance services under a firm‑fixed‑price, indefinite‑delivery/indefinite‑quantity (IDIQ) contract. The contract will start with a one‑year base period and may include up to four additional one‑year optional periods. Offerors must be registered in SAM and submit electronic proposals not exceeding 30 MB. Joint‑venture or subcontracted proposals will be given less favorable consideration. • Scope: Provide direct health and medical insurance (NAICS 524114) and life insurance (NAICS 524113) coverage to embassy personnel. • Contract Type: Firm‑fixed‑price IDIQ with economic price adjustment; base year plus up to four optional one‑year extensions. • Eligibility: Must be a locally licensed insurance company operating in Nassau, Bahamas; SAM‑registered; individual proposals preferred.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Tatiana Escobar

[email protected]

(242) 461-5245

Key dates

Opened
9/29/2026
Closes
10/15/2026
Duration
12 months

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524114
Solicitation №
19BF5026R0005

Budget estimate

$150,000 – $500,000

No contract value is disclosed. Based on typical IDIQ insurance service contracts for a U.S. diplomatic mission of this size, a reasonable estimate is between $150,000 and $500,000 per year, covering underwriting, claim administration, and related services. The range reflects variability in the number of covered personnel, optional extensions, and economic price adjustments.

AI estimate from the solicitation

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