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  5. ›Sole Source - State of Colorado Employee STD & LTD Benefits

State of Colorado·Colorado

Sole Source - State of Colorado Employee STD & LTD Benefits

Closes 8/17/2026$500k – $5MSole Source
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Description

The State of Colorado is seeking a sole source provider for employee Short-Term Disability (STD) and Long-Term Disability (LTD) benefits. The selected provider will be responsible for managing and administering the benefits program. • The program will provide income replacement for employees who are unable to work due to illness or injury. • The provider will be responsible for claims processing, customer service, and compliance with relevant laws and regulations. • The State of Colorado is looking for a provider with experience in managing similar benefits programs.

Attached files

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

Key dates

Opened
8/12/2026
Closes
8/17/2026

Last updated

Details

Type
Sole Source
Industry
Insurance
NAICS
524114
Solicitation №
NPSS1-AABA-2027000032-1

Budget estimate

$500,000 – $5,000,000

The budget for this opportunity is difficult to estimate as there is no information provided about the number of employees, the scope of the benefits program, or the expected costs. However, based on industry standards, the cost of managing and administering employee benefits can range from $500,000 to $5 million per year, depending on the size of the program and the level of service required.

AI estimate from the solicitation

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