Definitive Contract 9531CB21C0004

Award Date 11/3/20
Potential Completion Date 1/10/26
Potential Value $1.8M
Ultimate Awardee
Metlife, Inc.
Federal Contract Vehicle
Set-Aside Type
No Set-Aside Used
Extent Competed
Full and Open Competition
Major Defense Program
Not listed
Pricing Type
Fixed Price with Economic Price Adjustment
Place of Performance
Washington, DC 20552, USA
Solicitation Procedures
Negotiated Proposal / Quote
Number Of Offers Received
1
Legislative Mandate
Clinger Cohen Act
National Interest Action
Not listed
Research Type
Not listed
Primary Consortia Member
Not listed
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The Federal Contract Award 9531CB21C0004, valued at $1,807,082.30, was awarded by the Consumer Financial Protection Bureau (CFPB) to Metropolitan Life Insurance Co. (MetLife) to provide life insurance services. This includes basic life, optional employee and spouse/partner, family, and 24-hour personal accident insurance coverage for CFPB employees located in the United States from January 2021 through January 2026. The contract is a definitive contract with a fixed-price with economic price adjustment pricing type. There is no set-aside designation for this award. The original solicitation, RFP 9531CB20R0042, sought a life insurance carrier to provide these benefits to CFPB employees. MetLife was the incumbent contractor under a previous CFPB contract awarded in 2015.

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