120084 O5- Addendum Two- Revised Schedule of Events.pdf

This document is Solicitation Addendum Two issued by the Nebraska State Purchasing Bureau (SPB) for Solicitation 120084 O5, which concerns the procurement of Short-Term and Long-Term Disability insurance. The addendum revises the procurement schedule of events, specifically modifying two key dates: the "Notification of Intent to Award" posting date has been changed from January 8, 2025, to January 10, 2025, and the contract finalization period has been adjusted to January 10, 2025 - February 6, 2025. The solicitation remains focused on procuring disability insurance for approximately 17,221 state employees who work 20+ hours per week, with the bid opening originally scheduled for December 19, 2024, at 2:00 p.m. CST.

The addendum is part of a larger procurement process for a fully insured disability insurance program, with the initial contract term expected to run from July 1, 2025, through June 30, 2027, and potential for three additional one-year renewals. The procurement will be evaluated using a comprehensive scoring system, with points allocated across corporate overview, technical approach, and cost considerations. While the addendum does not provide specific pricing details, the previously shared contract opportunity summary indicates the current annual contract value is around $3.1 million, with 100% voluntary employee participation and post-tax premium deductions. The state emphasizes the importance of bidders checking the State Purchasing Bureau website for all addenda and amendments throughout the procurement process.