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  1. Bid Banana
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  5. ›GROUP VOLUNTARY INSURANCE PRODUCTS

Chesapeake Public Schools·Virginia

GROUP VOLUNTARY INSURANCE PRODUCTS

Closes 7/16/2026$1.5M – $7.5MRequest for Proposal
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Description

Chesapeake Public Schools is seeking proposals from qualified insurance carriers to provide Group Voluntary Insurance Products, including accident, critical illness, hospital indemnity, short-term disability, and potentially pet insurance, to its employees. The contract term will commence upon award and expire on December 31, 2029, with the option for two one-year extensions. The District is looking for a carrier that can provide comprehensive coverage, competitive pricing, and excellent customer service. The ideal candidate will have experience providing similar services to large public sector entities and will be able to demonstrate their ability to meet the District's needs. Some key aspects of the job include: • Providing group voluntary insurance products to Chesapeake Public Schools employees • Offering accident, critical illness, hospital indemnity, short-term disability, and potentially pet insurance • Meeting the District's requirements for coverage, pricing, and customer service • Demonstrating experience providing similar services to large public sector entities • Being able to commence services on January 1, 2027, with open enrollment scheduled in October 2026

Attached files

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

Contact

Christina Warren(Buyer)

[email protected]

(757) 547-1343

Key dates

Opened
6/17/2026
Questions due
7/3/2026
Closes
7/16/2026
Projected award
8/1/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
5241
Solicitation №
72-2526

Budget estimate

$1,500,000 – $7,500,000

Based on the information provided, the total premium for the current insurance products is $1,526,789.52. Assuming the new carrier will provide similar coverage and pricing, the potential budget for this contract could be in the range of $1.5 million to $2.5 million per year, depending on factors such as the number of employees, coverage levels, and pricing. The District may also consider factors such as the carrier's administrative fees, commission structures, and any potential discounts or incentives. Over the three-year contract term, the total budget could be between $4.5 million and $7.5 million. However, this is a rough estimate and the actual budget could vary significantly depending on various factors, including the specific terms of the contract, the level of coverage provided, and any changes in the District's employee population or benefits structure.

AI estimate from the solicitation

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