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U.S. Department Of State·District of Columbia

Local Employee Staff Life Insurance (2026-2031) Baku, Azerbaijan

Closes 6/25/2026$3.7M – $10.4MRequest for Proposal
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Description

The Embassy of the United States of America invites proposals for locally employed staff life insurance coverage. The successful bidder will provide life insurance coverage for local employees of the Embassy. The contract is expected to last for 5 years. The Embassy encourages offerors to provide off-the-shelf plans that meet the minimum benefit levels required in the solicitation. • The insurance coverage should include natural death and accidental death benefits. • The disability benefit is payable monthly and subject to annual verification of the insured's medical condition and disability classification. • The contract will be awarded to the responsible company submitting an acceptable offer at the lowest price. • The Embassy may hold discussions with companies in the competitive range if necessary.

Attached files

Contact

Anar Rzayev(Procurement Agent)

[email protected]

(00994124883300)

Key dates

Opened
1/26/2026
Pre-bid meeting
5/21/2026
Closes
6/25/2026
Projected award
5/1/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524113
Solicitation №
19AJ2026R0002

Budget estimate

$3,687,465 – $10,351,955

To estimate the budget, we consider the number of insured staff and the sum insured for natural death and accidental death. The sum insured for natural death and accidental death ranges from $24,669,226.50 to $27,367,079.00. The disability sum insured ranges from $22,281,882.00 to $24,718,652.00. Assuming an average annual premium of 1-3% of the sum insured, the estimated annual budget would be between $737,493 and $2,070,391 for life insurance and between $223,848 and $742,096 for disability insurance. For a 5-year contract, the total budget would be between $3,687,465 and $10,351,955.

AI estimate from the solicitation

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