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Awarded contract·City of Leesburg·Florida

Voluntary Dental Insurance

Won by Florida Combined Life +6 more$250kMultiple Award
Contract source

Awarded vendors

  • Florida Combined Life
  • Humana
  • Metropolitan Life Insurance Company
  • Solstice Benefits, Inc.
  • Sun Life Assurance Company of Canada
  • UnitedHealthcare Insurance Company
  • The Guardian Life Insurance Company of America

Description

The City of Leesburg is soliciting competitive sealed proposals from qualified firms to establish a contract for voluntary, fully insured, group dental insurance for the City's active employees, spouses, and dependents. The firm who submits a response to this solicitation must meet the minimum qualifications requirements as specified in the RFP package. Some of the key points of this contract include the provision of dental insurance services, the requirement for firms to meet minimum qualifications, and the submission of proposals by the appointed due date and time. • The contract is for voluntary dental insurance for City of Leesburg employees, spouses, and dependents. • The RFP package includes minimum qualifications requirements that firms must meet. • Proposals were submitted by seven different firms. • The City of Leesburg is the agency responsible for awarding the contract. • The contract duration and renewal terms are not specified in the provided documents.

Attached files

Key dates

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524120
Solicitation №
170392

Contract value

$250,000

The value of the contract is not explicitly stated in the provided documents. However, based on the fact that it is a group dental insurance contract for the City of Leesburg's active employees, spouses, and dependents, we can estimate that the contract value is likely in the range of hundreds of thousands to millions of dollars per year, depending on the number of employees and dependents covered, as well as the premium rates. For the purpose of this exercise, let's assume an average annual premium cost of $500 per covered individual, and an estimated 500 covered individuals (employees, spouses, and dependents). This would put the total annual contract value at approximately $250,000. However, this is a very rough estimate and should be taken as a ballpark figure.

AI estimate from the award documents

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