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  5. ›Cobra Insurance Service Agreement

Awarded contract·City of Clermont·Florida

Cobra Insurance Service Agreement

Won by Infinisource, Inc.$5MSingle Award
Contract source

Awarded vendors

  • Infinisource, Inc.

Description

The City of Clermont has awarded a contract to Infinisource, Inc. for Cobra insurance services. The contract started on March 9, 2010, and is set to end on March 8, 2031. The contract is classified as a sole source agreement. The scope of work includes providing Cobra insurance services to the City of Clermont. Key points to consider: • The contract is ongoing with a duration of 21 years. • The contract was awarded to a single vendor, Infinisource, Inc. • The City of Clermont's Human Resources department is responsible for the contract. • The contract is classified as a sole source agreement, meaning it was not open to competition. • The contract's dollar amount is not specified, but it is expected to be a significant amount given the duration and scope of the contract.

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Starts
3/9/2010
Ends
3/8/2031
Duration
21 years

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Insurance
NAICS
524114
Solicitation №
2010-94

Contract value

$5,000,000

The contract's dollar amount value is not explicitly stated in the document. However, given the duration of the contract (21 years) and the scope of work (providing Cobra insurance services), it is likely that the contract value is significant. A rough estimate could be in the range of $100,000 to $500,000 per year, depending on the number of employees and the cost of insurance premiums. Over the course of 21 years, this could translate to a total contract value of $2.1 million to $10.5 million.

AI estimate from the award documents

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