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Olmsted County·Minnesota

Olmsted County Employee Insurance Services

Closes 3/6/2026$500k – $5MRequest for Proposal
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Description

The Olmsted County is seeking a Request for Proposal (RFP) from qualified insurance companies to provide Basic Life/Accidental Death and Dismemberment (AD&D), Voluntary Term Life, Long Term Disability (LTD) and Voluntary LTD insurance to employees of Olmsted County. The contract may also include Short Term Disability insurance. The successful bidder will be required to provide these services to the county's employees. Key aspects of the proposal include: • Providing Basic Life/AD&D insurance • Providing Voluntary Term Life insurance • Providing Long Term Disability (LTD) insurance • Providing Voluntary LTD insurance • Possibly providing Short Term Disability insurance • Meeting the specifications outlined in the RFP • Complying with the Terms and Conditions of the contract

Attached files

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

Contact

Nicole Jensson(Contracts Manager)

[email protected]

(507) 328-7693

Key dates

Opened
2/13/2026
Questions due
2/24/2026
Closes
3/6/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524113
Solicitation №
RFP2026-302

Budget estimate

$500,000 – $5,000,000

The budget for this opportunity is likely to be substantial, given the scope of services required. The contract will involve providing various insurance services to Olmsted County employees, which could include hundreds or thousands of individuals. The exact budget will depend on factors such as the number of employees, the types of insurance services provided, and the premiums paid by the county. A rough estimate for the annual budget could be in the range of $500,000 to $5,000,000, considering the potential number of employees and the typical costs of insurance services.

AI estimate from the solicitation

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