Procurement of insurance coverage: Basic Life, Optional (Voluntary) Life, Short‑Term Disability (STD), and Long‑Term Disability (LTD) for Columbia Public School District employees

This contract awards the Columbia Public School District the provision of employee benefit insurance covering basic life, optional voluntary life, short‑term disability, and long‑term disability for roughly 2,600 eligible staff. The district sought to maintain current benefit levels while achieving cost efficiency and administrative simplicity, receiving six proposals and selecting New York Life based on favorable per‑$1,000 coverage pricing, lack of age‑rating, and streamlined enrollment. • Scope: Provide $25,000 basic life & AD&D, $150k‑$500k voluntary life, $1,500 weekly STD, and $10,000 monthly LTD coverage. • Term: Three‑year period (1 Jan 2025 – 31 Dec 2027). • Cost: Basic life premium $19.50 per employee annually; total contract value not disclosed, but the structure implies per‑employee unit pricing. • Eligibility: Automatic for employees working ≥ 25 hours/week; voluntary options open to all non‑enrolled employees. • Evaluation criteria emphasized cost per $1,000 of coverage and no manual enrollment, indicating a preference for low‑administrative‑overhead solutions.