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  5. ›2015 Stop Loss Coverage

Awarded contract·Cleveland Metroparks·Ohio

2015 Stop Loss Coverage

Won by AIG +8 more$500kMultiple Award
Contract source

Awarded vendors

  • AIG
  • Evolution Benefits Consulting
  • Guardian Life
  • HCC Life Insurance Company
  • Medical Mutual
  • SA Benefit Services LLC
  • Sun Life Financial
  • Symetra Life Insurance
  • Voya Financial

Description

The contract is for 2015 Stop Loss Coverage, and the bid was opened and read on September 9, 2014. The contract involves providing stop loss coverage to Cleveland Metroparks, and the bid tabulation form lists the names of the vendors that submitted quotes. The scope of work includes providing stop loss coverage, and the contract is likely to be awarded to one of the vendors that submitted a bid. Key points to consider include the type of coverage provided, the cost of the coverage, and the terms of the contract. • The contract is for stop loss coverage, which is a type of insurance that protects against large or unexpected medical claims. • The bid was opened and read on September 9, 2014, and the contract is likely to be awarded to one of the vendors that submitted a bid. • The scope of work includes providing stop loss coverage, and the contract terms and conditions are outlined in the bid documents. • The contract is likely to be awarded based on the lowest bid, but other factors such as the vendor's experience and reputation may also be considered.

Attached files

Key dates

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524114
Solicitation №
6018

Contract value

$500,000

The contract value is not explicitly stated in the documents, but based on the fact that it is a stop loss coverage contract for a large organization like Cleveland Metroparks, the value is likely to be in the hundreds of thousands or millions of dollars. The contract may involve a fixed premium or a percentage of the total claims paid, and the value may vary depending on the specific terms and conditions of the contract. Without more information, it is difficult to estimate the exact value of the contract, but it is likely to be a significant amount.

AI estimate from the award documents

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