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Awarded contract·Collin County, TX·Texas

Short- and Long-Term Disability

Won by Blue Cross and Blue Shield of Texas$5MSingle Award
Contract source

Awarded vendors

  • Blue Cross and Blue Shield of Texas

Description

The contract is for short- and long-term disability services, awarded to Blue Cross and Blue Shield of Texas. The contract term begins on January 1, 2025, and continues through December 31, 2029, with the option to extend for two additional one-year periods. The contract includes provisions for insurance coverage, purchase orders, and invoicing. Key points include: • The contract is for a term of 5 years, with options for extension • The vendor is required to submit an insurance certificate indicating the required coverage within 10 days • Purchase orders will be issued on an as-needed basis • Invoices should be emailed to the Collin County Auditor's office and the department contact • The contract includes provisions for termination upon 30 days' written notice

Attached files

Key dates

Starts
1/1/2025
Ends
12/31/2029Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524114
Solicitation №
2024-335

Contract value

$5,000,000

The contract value is not explicitly stated in the document. However, considering the contract is for short- and long-term disability services for a county government, the value could be estimated based on the number of employees and the average cost of such services. Assuming an average cost of $500 per employee per year for short- and long-term disability services, and an estimated 2,000 employees in Collin County, the total contract value could be estimated at $1 million per year, or $5 million over the 5-year contract term.

AI estimate from the award documents

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