Life Insurance for Locally Employed Staff, U.S. Embassy Ankara, Turkey
Title:  

Life Insurance for Locally Employed Staff, U.S. Embassy Ankara, Turkey

Agency:  

U.S. Department Of State

State:  

District of Columbia

NAICS Code:  

524113

Industry:  

Insurance

Solicitation Type:  

Request for Quotation

Solicitation ID:  

19GE5025R0029

Open Date:  

6/5/2025

Close Date:  

6/19/2025

Project Duration:  

1 year

Last Updated:  

6/11/2025

Description:
The U.S. Embassy in Ankara, Turkey is seeking a contractor to provide life insurance services for its locally employed staff. The contract will be for a period of one year with four possible annual option years. The contractor will be required to provide life insurance coverage for eligible employees, including natural death and accidental death benefits. The contractor will also be responsible for handling claims and reimbursing beneficiaries. The contract will be a fixed-price contract with economic price adjustment. The government will pay 100% of the premium costs. • The contractor must provide life insurance services as described in the statement of work. • The contractor must handle claims and reimburse beneficiaries in accordance with the contract. • The contractor must comply with all applicable laws and regulations. • The contractor must provide all necessary documentation and reports as required by the contract. • The contractor must maintain the confidentiality of employee personal data and medical information. • The contractor must establish procedures for handling life insurance claims. • The contractor must provide forms for the designation of beneficiaries for life insurance benefits.
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Jenina Dosch(Contract Administrator)

doschjk@state.gov

Budget Estimate (AI):

$1,000,000 – $1,200,000

Based on the contract's maximum value of $1,200,000.00, it can be estimated that the budget for this contract will be around $1,000,000 to $1,200,000. The actual budget will depend on the number of eligible employees and the premium rates. The government will pay 100% of the premium costs, and the contractor will be responsible for handling claims and reimbursing beneficiaries. The contract's value is expected to be around $1,000,000 per year, with a total value of $1,200,000 over the five-year period.

Similar Opportunities provided by Bid Banana AI

The Bid Lab’s Experts Are Ready To Help You Win RFPs

The Bid Lab is the only RFP consulting firm of its kind, specializing in guiding small and medium-sized businesses through the proposal response process. We have RFP experts ready to help you respond to that perfect opportunity you discover in Bid Banana.

  • Trusted by 100s of small business owners
  • Experience working on 1000s of RFP responses
  • Success stories in virtually every industry you can check out by clicking here.