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  5. ›Legal Notice - Invitation to Bid - Benefits

Rutherford County·Tennessee

Legal Notice - Invitation to Bid - Benefits

Closes 3/11/2025$200k – $500kInvitation for Bid
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Description

Rutherford County’s Insurance and Risk Management Department is seeking qualified, licensed insurance organizations to provide fully‑insured group benefit programs for county and school employees. The scope includes Group Life Insurance, Accidental Death & Dismemberment (AD&D) Insurance, and Long‑Term Disability (LTD) Insurance. Bidders must submit a Letter of Intent (LOI) by January 17 2025 to receive the full RFP package, and then deliver sealed proposals by March 11 2025. The county may award the contract to the best or lowest bid, or reject all bids. No budget or contract length details are disclosed. • Services: Group Life, AD&D, and Long‑Term Disability insurance coverage for county and school staff. • Eligibility: Must be a qualified, licensed insurance organization capable of delivering fully‑insured employee benefit programs. • Process: LOI submission (by Jan 17 2025) → receipt of electronic RFP → sealed proposal (by Mar 11 2025, 2 pm CST) → bid opening (4:30 pm CST).

Attached files

Contact

Marisa Combs Smith

[email protected]

Key dates

Opened
1/2/2025
Closes
3/11/2025

Last updated

Details

Type
Invitation for Bid
Industry
Insurance
NAICS
524113

Budget estimate

$200,000 – $500,000

The notice does not disclose contract value. Similar county‑wide employee benefit contracts typically range from a few hundred thousand dollars to several million dollars annually, depending on employee count and coverage levels. Assuming a mid‑sized county with several thousand employees, a reasonable estimate would be $200,000 – $500,000 per year for the insurer’s administrative and service fees.

AI estimate from the solicitation

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