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U.S. Department Of State·District of Columbia

Locally Employed Staff Health Insurance

Closes 1/21/2026$2M – $5MRequest for Proposal
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Description

The American Embassy in Cyprus is seeking proposals for a health insurance provider for its locally employed staff. The contract will have a base year and four option years, with bi-weekly premium rates per employee. The estimated number of premiums does not include any riders. The offeror is required to acknowledge receipt of this amendment prior to the hour and date specified in the solicitation or as amended. The solicitation includes a list of premium and claims paid out for the past four years. • The contract will have a base year and four option years. • The estimated number of premiums does not include any riders. • The offeror is required to acknowledge receipt of this amendment prior to the hour and date specified in the solicitation or as amended. • The solicitation includes a list of premium and claims paid out for the past four years.

Attached files

Contact

Shawn Peebles(Contracting Officer)

[email protected]

35722393526

Key dates

Opened
1/9/2026
Closes
1/21/2026
Duration
4 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524114
Solicitation №
19CY6026R0001-A00001

Budget estimate

$2,000,000 – $5,000,000

The budget for this opportunity can be estimated based on the premium and claims paid out for the past four years. The total premium paid for the past four years ranges from 397,771.34 to 461,290.45 euros, and the total claims paid out ranges from 209,075.82 to 495,088.22 euros. Assuming an average annual premium of 430,000 euros and an average annual claim of 350,000 euros, the total budget for the five-year contract period could be around 2,150,000 euros for premiums and 1,750,000 euros for claims, totaling around 3,900,000 euros. However, this is a rough estimate and the actual budget may vary based on various factors such as the number of employees, premium rates, and claims.

AI estimate from the solicitation

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