008.25.B6 - Basic Life/D&D Supplemental Life/Dependent Life

The contract is between the Board of Education of Howard County and Metropolitan Life Insurance Company (MetLife) for the provision of Basic Life and Accidental Death and Dismemberment, Supplemental Life/Dependent Life Program Administration. The contract term is from January 1, 2025, to December 31, 2027, with the option to renew for three additional years. The contract value is approximately $14,087,500 over the term of the contract, with an annual spending authority of $2,450,000. The contractor will provide all services to the Howard County Public School System (HCPSS) to ensure comprehensive and cost-effective benefits are provided to HCPSS employees and retirees. Key aspects of the contract include: • The contractor will serve as the Benefits Administrator for the Basic Life and Accidental Death and Dismemberment, Supplemental Life/Dependent Life Program Administration. • The contractor will provide all goods and/or services per the requirements as set forth in the RFP Solicitation Documents. • The contractor will deliver all goods and/or services per the requirements as set forth in the RFP Solicitation Documents. • The contractor will exercise no administrative authority over the work of employees of the Board, but shall act only as advisers in those fields in which they are qualified to offer expert assistance. • The contractor will not assign or transfer the contractor's interest or obligation under this Agreement to any third party, without the prior written consent of the Board.