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Awarded contract·City of Mesa·Arizona

Insurance, Life, AD&D, Travel, STD

Won by Standard Insurance Company$10.5MAwarded 6/16/2025Single Award
Contract source

Awarded vendors

  • Standard Insurance Company

Description

The City of Mesa awarded a multi‑line insurance contract to Standard Insurance Company to provide group term life, accidental death & dismemberment, business travel accident, voluntary short‑term disability, and long‑term disability coverage for its employees, sworn personnel, and elected officials. The five‑year firm‑fixed‑price contract runs from 1 Jan 2026 to 31 Dec 2030, with an annual award value of $2,105,722 and optional renewals of up to two additional years. The contract requires the vendor to maintain existing coverage levels, supply all policy documents, handle claims reporting, and support open‑enrollment processes at no extra cost to the City. • Scope: Group life & AD&D (basic & supplemental), BTA/commuter travel accident, voluntary STD, and LTD for sworn personnel/elected officials. • Financials: $2,105,722 per year (~$10.5 M total for the base term). • Requirements: Arizona licensing, A‑ rating, contractor‑side insurance, self‑billing, no‑loss coverage guarantee, and compliance with all federal, state, and local regulations.

Attached files

Key dates

Bids closed
3/17/2025
Intent to award
6/16/2025
Awarded
6/16/2025
Contract modified
3/5/2025
Starts
1/1/2026
Ends
12/31/2030Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524113
Solicitation №
RFP-F150-2025102-2

Contract value

$10,528,610

The Notice of Award lists an annual contract value of $2,105,722. Multiplying by the base five‑year term yields an estimated total value of $10,528,610. If the optional two‑year renewal is exercised, the contract could reach roughly $12,734,332. This estimate assumes no significant rate changes or additional fees beyond the disclosed annual amount.

AI estimate from the award documents

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