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Awarded contract·Sedgwick County·Kansas

Employee Ancillary Benefits - Life Insurance

Won by Advance Insurance Company of Kansas$200kAwarded 10/21/2021Single Award
Contract source

Awarded vendors

  • Advance Insurance Company of Kansas

Description

This three‑year contract provides Sedgwick County employees with basic and optional life‑insurance, AD&D, and dependent coverage administered by Advance Insurance Company of Kansas. The county pays the base premium (approximately $63 K per year) while employees may elect additional voluntary coverage at payroll‑deduction rates. The vendor is responsible for enrollment, eligibility updates, claims processing, member‑service support, and regular reporting, integrating with the County’s HR/payroll systems. The award was made after an open competition that attracted 164 bidders, and the contract allows two one‑year renewal options. • Scope: Administration of group life, AD&D, and dependent insurance for ~2,506 employees. • Deliverables: electronic enrollment, weekly eligibility updates, claims adjudication, member‑service call center, monthly invoicing and reporting. • Terms: 3‑year base term (2022‑2024) with two optional 1‑year extensions; monthly payment schedule; required insurance and data‑security compliance.

Attached files

Key dates

Bids closed
8/24/2021
Intent to award
10/21/2021
Awarded
10/21/2021
Contract modified
8/10/2021
Starts
1/1/2022
Ends
12/31/2024Renews
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524113
Solicitation №
21-0051

Contract value

$200,000

The award document notes an estimated annual cost to the County of about $63,000 for the base life‑insurance coverage. Over the three‑year base term this equals roughly $189,000. Adding administrative fees, possible optional coverage uptake, and inflation adjustments, the total contract value likely falls between $200,000 and $250,000. This estimate assumes the County will not purchase large volumes of voluntary coverage beyond the baseline, and that the vendor’s rates remain similar to the $0.07‑$13.96 per $1,000 age‑based rates shown.

AI estimate from the award documents

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