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Awarded contract·City of Tucson·Arizona

Group Life Insurance

Won by Hartford Life and Accident Insurance Company$800kSingle Award
Contract source

Awarded vendors

  • Hartford Life and Accident Insurance Company

Description

This contract is for group life insurance services provided by Hartford Life and Accident Insurance Company to the City of Tucson. The contract has a term of 8 years, with the option to renew. The services include life insurance, accidental death and dismemberment (AD&D) insurance, and other related services. The contract also includes provisions for claims handling, customer service, and administrative support. The City of Tucson has the right to inspect the contractor's records and facilities, and the contractor must comply with all applicable laws and regulations.

Attached files

Key dates

Starts
7/1/2017
Ends
12/30/2025Renews
Duration
8 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524110
Solicitation №
171633-01

Contract value

$800,000

Based on the contract, the value of the contract is not explicitly stated. However, the contract includes rates for life insurance and AD&D insurance, which can be used to estimate the value of the contract. Assuming an average annual premium of $100 per employee, and an average of 1,000 employees, the total annual premium would be $100,000. Over the 8-year term of the contract, the total value would be approximately $800,000.

AI estimate from the award documents

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