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  5. ›Stop-Loss Insurance For Group Health And Prescription Drug Programs…

City of Franklin·Tennessee

Stop-Loss Insurance For Group Health And Prescription Drug Programs for Employees and Retirees

Closes 5/22/2026$500k – $2MInvitation for Bid
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Description

The City of Franklin, Tennessee is seeking bids for stop-loss insurance for its group health and prescription drug programs for employees and retirees. The successful bidder will provide insurance coverage with various deductible options. The bid must include quotes for different policy attributes, such as specific individual deductibles and aggregating specific deductibles. The city reserves the right to reject any and all bids and to waive minor informalities. • The bid must be prepared and submitted in accordance with the City's invitation to bid and other procurement documents. • The bid must include a completed solicitation document, past performance references, and other required attachments. • The city's preferred payment terms are net 30 days from the date of delivery or date of invoice, whichever is later. • The bidder must certify that they are not currently engaged in, and will not, for the duration of the contract, engage in a boycott of Israel. • The bidder must provide a description of products and items included in the bid, as well as any exceptions to the procurement solicitation.

Attached files

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

Contact

Wesley Wright(Purchasing Manager)

[email protected]

(615) 550-6698

Key dates

Opened
5/11/2026
Questions due
5/14/2026
Closes
5/22/2026
Projected award
6/30/2026
Duration
12 months

Last updated

Details

Type
Invitation for Bid
Industry
Insurance
NAICS
524130
Solicitation №
2026-028 Addendum 1

Budget estimate

$500,000 – $2,000,000

Based on the information provided, the estimated budget range for this opportunity could be between $500,000 and $2,000,000 per year, considering the city's employee and retiree population, as well as the various deductible options and policy attributes. Factors influencing this estimate include the number of employees and retirees, the types of policies and deductibles chosen, and the bidder's proposed rates.

AI estimate from the solicitation

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