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  5. ›Insurance, Medical Plan, Stop-Loss

Awarded contract·City of St. Petersburg·Florida

Insurance, Medical Plan, Stop-Loss

Won by Symetra Life Insurance Company$3.9MSingle Award
Contract source

Awarded vendors

  • Symetra Life Insurance Company

Description

The City of St. Petersburg has awarded a contract to Symetra Life Insurance Company for insurance, medical plan, and stop-loss services. The contract has a term of 2 years, with an option to renew. The contract value is estimated to be around $3.93 million. The scope of work includes providing stop-loss insurance coverage to the city's self-funded medical plan. Symetra will provide claims administration, reimbursement, and other related services.

Attached files

Key dates

Starts
4/1/2022
Ends
3/31/2024Renews
Duration
2 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524114
Solicitation №
2024-330

Contract value

$3,933,292

Based on the contract information, the estimated value of the contract is around $3.93 million, which is the budget amount listed in the contract document. This estimate is based on the premium rates and the term of the contract.

AI estimate from the award documents

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