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  5. ›2020 Stop Loss Coverage

Awarded contract·Cleveland Metroparks·Ohio

2020 Stop Loss Coverage

Won by Cigna +3 more$1MMultiple Award
Contract source

Awarded vendors

  • Cigna
  • Hee
  • Voya
  • Bond

Description

The contract is for 2020 Stop Loss Coverage, with Cleveland Metroparks as the agency and Oswald Companies managing the RFP process. The bid tabulation form lists several vendors, including Cigna, Hee, Voya, and Bond. The contract was awarded through a competitive bidding process, with bids publicly opened and read on July 18, 2019. • The contract is for stop loss coverage, which is a type of insurance that protects against large or unexpected losses. • The bid tabulation form lists the vendors and their corresponding bids. • The contract was awarded through a competitive bidding process, with bids publicly opened and read on July 18, 2019. • The agency, Cleveland Metroparks, is a public organization responsible for managing parks and recreational areas in the Cleveland, Ohio area. • The RFP process was managed by Oswald Companies, a consulting firm that specializes in employee benefits and insurance.

Attached files

Key dates

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
5241
Solicitation №
6440

Contract value

$1,000,000

The contract value is not explicitly stated in the provided text. However, based on the fact that it is a stop loss coverage contract, the value is likely to be significant. Stop loss coverage is a type of insurance that protects against large or unexpected losses, and the premium costs can be substantial. Without more information, it is difficult to estimate the exact value of the contract. However, for the purpose of this exercise, let's assume a value of $1,000,000. This is a rough estimate and may not reflect the actual value of the contract.

AI estimate from the award documents

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