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  5. ›Dental/Vision Insurance RFP

Awarded contract·University of Louisville·Kentucky

Dental/Vision Insurance RFP

Won by Metropolitan Life Insurance Company$5MSingle Award
Contract source

Awarded vendors

  • Metropolitan Life Insurance Company

Description

This solicitation seeks a single‑award contract to supply fully insured dental and vision insurance for University of Louisville employees and dependents, maintaining existing plan designs while allowing enhancements. The university will evaluate proposals using a weighted scorecard that emphasizes financial rates (40 %), provider network continuity (25 %), account management (15 %), member experience (15 %), and innovation (5 %). Proposals must include detailed financial rate tables, HIPAA compliance attestations, and a comprehensive technical response covering all evaluation criteria. The contract is to become effective on 1 January 2027, with implementation activities beginning July 2026. Metropolitan Life Insurance Company has been identified as the awarded vendor. • Scope: Provide dental and vision coverage, preserve current benefits, and propose improvements. • Evaluation: Weighted criteria total 100 % with a strong financial emphasis. • Timeline: Questions due 20 April 2026; proposals due 27 April 2026; award intent by late June 2026; contract start 1 Jan 2027.

Attached files

Key dates

Bids closed
4/27/2026
Starts
1/1/2027

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524113
Solicitation №
1150002

Contract value

$5,000,000

No explicit dollar amount is disclosed. The University of Louisville employs roughly 10‑12 000 staff members and students who are typically covered under university health benefits. Assuming an average annual dental/vision premium of $600 per employee/dependent, the total annual cost would be in the range of $6‑7 million. Accounting for potential economies of scale, a conservative ball‑park estimate for the contract value is approximately $5 million for the initial contract year.

AI estimate from the award documents

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