Local Employee Staff Life Insurance (2026-2031)

The U.S. Embassy in Baku is awarding an Indefinite Delivery, Indefinite Quantity (IDIQ) contract for Group Life Insurance services covering locally employed U.S. Government staff in Azerbaijan for the period September 5 2026 – September 4 2031 (five years, with four one‑year option extensions). The contractor will provide natural‑death, accidental‑death, disability, and funeral benefits, administer enrollment, issue beneficiary forms, process claims within 60 days, and deliver monthly activity reports. Premiums are paid in Azerbaijani Manat (AZN) on a bi‑weekly per‑1,000‑salary basis; the Government guarantees a minimum order value of USD 10,000 over the contract life. The contractor must supply bilingual brochures, handle all claim payments, and comply with local tax, licensing, and security requirements. • Scope: full administration of group life, accidental death, disability, and funeral insurance for all eligible local staff (including optional ORE rider). • Deliverables: enrollment lists, beneficiary designations, monthly claims reports, bilingual policy brochures, timely claim settlements. • Performance: one‑year base period plus up to four renewal years, with annual task orders specifying employee counts. • Payment: fixed‑price premiums per employee, invoiced annually; total contract value ≈ 1,480,263 AZN (~ $875k USD). • Mandatory compliance: U.S. Government regulations, local Azerbaijani law, and FAR clauses.