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  4. ›HEALTH INSURANCE FOR LOCAL EMPLOYEES IN SPAIN

U.S. Department Of State·District of Columbia

HEALTH INSURANCE FOR LOCAL EMPLOYEES IN SPAIN

Closes 12/1/2025$11.3M – $22.5MRequest for Proposal
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Description

The Embassy of the United States in Madrid is seeking health insurance services for locally hired employees and retirees, as well as their eligible family members in Spain. The estimated number of participants covered by this contract is 450. The coverages shall be supplemental for those affiliated with the Spanish Social Security. The resultant contract will be a fixed price with economic price adjustment requirements type contract under which firm fixed price task orders will be issued. The anticipated performance period is for a base year with four one-year option periods. • The contract is for health insurance services for locally hired employees and retirees, as well as their eligible family members in Spain. • The estimated number of participants covered by this contract is 450. • The coverages shall be supplemental for those affiliated with the Spanish Social Security. • The resultant contract will be a fixed price with economic price adjustment requirements type contract. • The anticipated performance period is for a base year with four one-year option periods.

Attached files

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

Contact

Jerad S. Tietz

[email protected]

(349) 158-72161

Key dates

Opened
10/21/2025
Closes
12/1/2025
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524114
Solicitation №
19SP5026R0001

Budget estimate

$11,250,000 – $22,500,000

Based on the estimated number of participants (450) and the fact that this is a health insurance contract, the budget could be substantial. Assuming an average annual premium of $5,000 to $10,000 per participant, the total annual budget could be in the range of $2,250,000 to $4,500,000. With a contract duration of 5 years, the total budget could be in the range of $11,250,000 to $22,500,000. However, this is a rough estimate and the actual budget could be higher or lower, depending on various factors such as the actual number of participants, the premium rates, and the services covered.

AI estimate from the solicitation

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