120084 O5 SolicitationEvaluationCriteria.pdf
PDF 90 KB Posted
- Solicitation number
- 120084 O5
- Issued by
- Lancaster County, Nebraska
About this file
This document is a Solicitation Evaluation Criteria form for Solicitation Number 120084 O5, issued by the State of Nebraska's State Purchasing Bureau (SPB) for Standard and Long-Term Disability (STD and LTD) Insurance. The solicitation seeks proposals for disability insurance services for approximately 17,221 state employees working 20+ hours per week, with an opening date of December 19, 2024. The procurement will evaluate responses across three main criteria: Corporate Overview (25 points), Technical Approach (65 points), and Cost Sheet (10 points), with potential additional points from oral interviews. Mandatory requirements include a signed Contractual Agreement Form, Corporate Overview, Technical Approach, and Cost Sheet. The evaluation process will first verify mandatory requirements, with non-compliant submissions excluded from further consideration.
The cost evaluation will be based on a comparative formula where the lowest cost submission receives maximum points, and other submissions are scored proportionally. The total possible points without oral interviews is 100, with an additional 20 points potentially available through interviews, bringing the total to 120 points. The solicitation indicates a fully insured disability insurance program with specific coverage parameters, including first-day accident and eighth-day illness coverage at 60% income replacement for STD, and a six-month elimination period with 60% income replacement for LTD. The contract is expected to have an initial term from July 1, 2025, through June 30, 2027, with three optional one-year renewal periods. The program is 100% voluntary, with employees paying full premiums through post-tax deductions, and current enrollment shows 3,100 employees in STD and 5,763 in LTD coverage.
View the file
Other files
Show 40 more
Latest 50 of 146 listed here. See the rest on GovTribe.
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
SPB Form 31 Effective 7-19-2024
SOLICITATION NUMBER: 120084 O5, STD and LTD Insurance Opening Date: Thursday, December 19, 2024
Mandatory Requirements The solicitation responses will first be examined to determine if all mandatory requirements listed below have been addressed to warrant further evaluation. Responses not meeting mandatory requirements will be excluded from further evaluation. The mandatory requirement items are as follows:
1. Contractual Agreement Form, must be signed manually in ink or by DocuSign;
2. Corporate Overview;
3. Technical Approach; and
4. Cost Sheet.
Evaluation Criteria All responses to this solicitation, which fulfill all mandatory requirements, will be evaluated. Each category will have a maximum possible point potential. Areas that will be addressed and scored during the evaluation include:
Evaluation Criteria Possible Points Part 1 Corporate Overview 25 Part 2 Technical Approach 65 Part 3 Cost Sheet Points 10
Total Points without Oral Interviews 100
Oral Interviews, (if required) 20
Total Points with Oral Interviews 120
Part 4 – Cost Sheet Points Cost Sheet points should be calculated as follows:
1. Establish lowest cost submitted – lowest cost submitted receives the maximum points.
2. To assign points to all others, the following formula should be followed:
Lowest Cost Submitted ÷ Cost Submitted x Maximum Possible Cost Points = Cost Points to Award (see samples below)
Formula Sample Sample Sample
Lowest Cost Submitted $100,000 $100,000 $100,000 ÷ Cost Submitted $100,000 $200,000 $150,000 x Maximum Possible Cost Points 20 20 20 = Points To Award 20.00 10.00 13.33
SOLICITATION EVALUATION CRITERIA
| SOLICITATION NUMBER: 120084 O5, STD and LTD Insurance |
| Opening Date: Thursday, December 19, 2024 |
| SOLICITATION EVALUATION CRITERIA |
File details come from the government source that posted it. Updated .