Term Contract for Stop Loss Insurance

The City of Garland is seeking qualified insurance carriers to provide a stop‑loss insurance program covering its 2,162 active employees, 253 retirees, and 3 COBRA participants. The contract will be a one‑year term beginning January 1 2027, with up to two optional one‑year renewals. Proposals must include pricing that matches or improves upon current benefits, organizational charts, financial statements, ratings, implementation timetables, and detailed service descriptions. The solicitation requires all questions to be submitted via the IonWave website by October 13 2026, and proposals must be submitted by November 3 2026. The award will be based on an evaluated bid process, and the City will not reimburse proposal preparation costs. • Provide stop‑loss coverage for employee and retiree groups (≈2,418 lives). • Submit pricing that matches or offers better alternatives to current BCBS‑TX plans. • Include organizational chart, key personnel bios, financial health documentation, and implementation schedule. • Contract term: 1 year, with up to two one‑year renewal options. • Mandatory compliance with data security and confidentiality requirements. • Deadline for questions: 10/13/2026; proposal deadline: 11/03/2026.