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  3. ›Arizona
  4. ›Insurance
  5. ›T25-078-01

Awarded contract·City of Tempe·Arizona

T25-078-01

Won by Hartford Life And Accident Insurance$5MSingle Award
Contract source

Awarded vendors

  • Hartford Life And Accident Insurance

Description

The City of Tempe is seeking a vendor to provide life, AD&D, and voluntary supplemental insurance for its employees. The contract has a term of one year, with the option to renew for up to four additional years. The vendor will be required to provide a range of insurance products, including basic life, AD&D, and supplemental life insurance. The city is looking for a vendor that can provide a comprehensive and competitive insurance package for its employees. The contract will be awarded to the vendor that offers the best value to the city, taking into account factors such as price, coverage, and service. Some key points about the job's work and scope-of-work include: * The city is seeking a vendor to provide life, AD&D, and voluntary supplemental insurance for its employees. * The contract has a term of one year, with the option to renew for up to four additional years. * The vendor will be required to provide a range of insurance products, including basic life, AD&D, and supplemental life insurance. * The city is looking for a vendor that can provide a comprehensive and competitive insurance package for its employees. * The contract will be awarded to the vendor that offers the best value to the city, taking into account factors such as price, coverage, and service. Some key features of the contract include: * The contract has a term of one year, with the option to renew for up to four additional years. * The vendor will be required to provide a range of insurance products, including basic life, AD&D, and supplemental life insurance. * The city is looking for a vendor that can provide a comprehensive and competitive insurance package for its employees. * The contract will be awarded to the vendor that offers the best value to the city, taking into account factors such as price, coverage, and service. Some key benefits of the contract include: * The city will have access to a comprehensive and competitive insurance package for its employees. * The vendor will be required to provide a range of insurance products, including basic life, AD&D, and supplemental life insurance. * The contract will be awarded to the vendor that offers the best value to the city, taking into account factors such as price, coverage, and service. Some key requirements of the contract include: * The vendor must be able to provide a range of insurance products, including basic life, AD&D, and supplemental life insurance. * The vendor must be able to provide a comprehensive and competitive insurance package for the city's employees. * The vendor must be able to provide excellent customer service and support to the city and its employees. Some key evaluation criteria for the contract include: * Price: The city will evaluate the price of the insurance products and services offered by the vendor. * Coverage: The city will evaluate the range and quality of the insurance products offered by the vendor. * Service: The city will evaluate the quality of the customer service and support provided by the vendor. * Experience: The city will evaluate the vendor's experience in providing insurance products and services to similar clients. * Reputation: The city will evaluate the vendor's reputation in the industry and its ability to provide high-quality insurance products and services. • The city is seeking a vendor to provide life, AD&D, and voluntary supplemental insurance for its employees. • The contract has a term of one year, with the option to renew for up to four additional years. • The vendor will be required to provide a range of insurance products, including basic life, AD&D, and supplemental life insurance. • The city is looking for a vendor that can provide a comprehensive and competitive insurance package for its employees. • The contract will be awarded to the vendor that offers the best value to the city, taking into account factors such as price, coverage, and service.

Attached files

Key dates

Starts
7/1/2025
Ends
6/30/2026Renews
Duration
1 year

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
5241
Solicitation №
RFP# 25-078

Contract value

$5,000,000

The value of the contract is not explicitly stated in the document. However, based on the information provided, it appears that the city is seeking a comprehensive insurance package for its employees, which could include basic life, AD&D, and supplemental life insurance. The cost of such a package can vary widely depending on the specific products and services offered, as well as the number of employees covered. However, as a rough estimate, the cost of a similar insurance package for a city of similar size could be in the range of $500,000 to $2 million per year, depending on the specific products and services offered. Therefore, the total value of the contract over the five-year term could be in the range of $2.5 million to $10 million.

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