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  5. ›SHORT & LONG TERM DISABILITY INSURANCE PLAN CARRIER

City of Bridgeport·Connecticut

SHORT & LONG TERM DISABILITY INSURANCE PLAN CARRIER

Closes 6/18/2025$500k – $2MRequest for Proposal
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Description

The City of Bridgeport is seeking a qualified carrier to provide a fully insured short-term and long-term disability insurance plan to its employees. The plan should duplicate the existing STD & LTD benefits and funding arrangements, and achieve maximum savings for the plans. The selected vendor will be responsible for providing administrative services, customer service, communication services, and reports to the City. The vendor should have experience in providing similar services to municipalities comparable to the City of Bridgeport. The contract will be for a term of three years with two one-year renewal options, and the vendor is expected to guarantee premiums for not less than 24 months. Some key points to consider: • The plan should cover approximately 125 employees who do not accrue sick days. • The plan is non-contributory and fully insured. • The vendor should provide a detailed scope of work, a project plan, and a summary of how quality assurance will be maintained and guaranteed. • The vendor should have a proven track record of providing similar services to municipalities comparable to the City of Bridgeport. • The City encourages Minority Business Enterprises (MBE), Women Business Enterprises (WBE), and City-based businesses (CBB) to submit proposals.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Monquencelo (Monti) Miles(Buyer, Department of Public Purchases)

[email protected]

(203) 576-7579

Key dates

Opened
5/22/2025
Questions due
6/4/2025
Closes
6/18/2025
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524114
Solicitation №
BFX050256

Budget estimate

$500,000 – $2,000,000

Based on the information provided, it's difficult to estimate the exact budget for this opportunity. However, considering the City is seeking a fully insured short-term and long-term disability insurance plan for approximately 125 employees, the budget could be in the range of $500,000 to $2,000,000 per year, depending on the premiums and the services provided. This estimate is based on the assumption that the vendor will be responsible for providing administrative services, customer service, communication services, and reports to the City, and that the contract will be for a term of three years with two one-year renewal options. Factors that may influence the likely payment range include the vendor's experience, the level of competition, and the City's budget for this service.

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