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Awarded contract·Bergen County Department of Administration and Finance·New Jersey

Disability Plan

Won by Mutual of Omaha Insurance Company$1MSingle Award
Contract source

Awarded vendors

  • Mutual of Omaha Insurance Company

Description

The contract is for the provision of Disability Short- and Long-Term Disability Coverage for the County of Bergen. The contract was awarded to Mutual of Omaha Insurance Company for a term of three years, commencing on January 1, 2025, and ending on December 31, 2027. The contract is valued at an amount exceeding $17,500.00. The key aspects of the contract include: • The provision of Disability Short- and Long-Term Disability Coverage for the County of Bergen • The contract term is for three years, commencing on January 1, 2025, and ending on December 31, 2027 • The contract was awarded to Mutual of Omaha Insurance Company • The contract value exceeds $17,500.00 • The contract is subject to the Affirmative Action Regulations of the State of New Jersey and requirements of Public Law 1975, Chapter 127, N.J.S.A. 10:5-31 et seq., N.J.A.C. 17:27 et seq.

Attached files

Key dates

Starts
1/1/2025
Ends
12/31/2027
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524113
Solicitation №
205806

Contract value

$1,000,000

The contract value is not explicitly stated in the documents, but it is mentioned that the value exceeds $17,500.00. Based on the contract term and the scope of work, a rough estimate of the contract value could be in the range of $100,000 to $500,000 per year, depending on the number of employees and the premium rates. Therefore, the total contract value for the three-year term could be in the range of $300,000 to $1,500,000.

AI estimate from the award documents

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