21R0001-Pricing Model (Attachment 1).xlsx

XLSX spreadsheet 26 KB Posted

Attached to
Short-Term and Long-Term Disability Insurance Services - Amendment 0001 Federal contract opportunity
Solicitation number
9531CB21R0001
Issued by
Consumer Financial Protection Bureau

About this file

This file contains a pricing model attachment and details of a federal contract solicitation. The Consumer Financial Protection Bureau seeks disability insurance services for its employees, including short-term and long-term disability coverage, as outlined in pricing tables for an initial base year and four option years. The solicitation requests fixed unit price quotes and allows for questions to be submitted by November 20th, with responses provided as an amendment. Quotes are due by December 1st to be considered for the potential five-year contract starting January 1, 2021. Volume and pricing estimates are provided for short-term and long-term disability coverage for the base year and each option year.

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Other files for this federal contract opportunity

Other files attached to Short-Term and Long-Term Disability Insurance Services - Amendment 0001, newest first.
File Type Posted
9531CB21R0001 - Amd 0001.pdf PDF
RFP-9531CB21R0001.pdf PDF

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Text version

Disability Price Model

Base Year1/1/2021 - 12/31/2021
Type of Insurance
Type of Disability InsuranceEstimated Monthly VolumeEstimated Bi-Weekly VolumeBi-Weekly Rate per $10 (ST)/ $100 (LT)of covered weekly benefitBi-Weekly Premium
Yearly Premium

(Column E multipled by 26)

Short-Term$2,632,163.00$1,214,844.46
Long-Term$19,010,067.00$8,773,877.08
Total
Option Year 11/1/2022 - 12/31/2022
Type of Insurance
Type of Disability InsuranceEstimated Monthly VolumeEstimated Bi-Weekly VolumeBi-Weekly Rate per $10 (ST)/ $100 (LT)of covered weekly benefitBi-Weekly Premium
Yearly Premium

(Column E multipled by 26)

Short-Term$2,711,128.00$1,251,289.85
Long-Term$19,580,369.00$9,037,093.38
Total
Option Year 21/1/2023 - 12/31/2023
Type of Insurance
Type of Disability InsuranceEstimated Monthly VolumeEstimated Bi-Weekly VolumeBi-Weekly Rate per $10 (ST)/ $100 (LT)of covered weekly benefitBi-Weekly Premium
Yearly Premium

(Column E multipled by 26)

Short-Term$2,792,462.00$1,288,828.62
Long-Term$20,167,780.00$9,308,206.15
Total
Option Year 31/1/2024 - 12/31/2024
Type of Insurance
Type of Disability InsuranceEstimated Monthly VolumeEstimated Bi-Weekly VolumeBi-Weekly Rate per $10 (ST)/ $100 (LT)of covered weekly benefitBi-Weekly Premium
Yearly Premium

(Column E multipled by 26)

Short-Term$2,876,236.00$1,327,493.54
Long-Term$20,772,814.00$9,587,452.62
Total
Option Year 41/1/2025 - 12/31/2025
Type of Insurance
Type of Disability InsuranceEstimated Monthly VolumeEstimated Bi-Weekly VolumeBi-Weekly Rate per $10 (ST)/ $100 (LT)of covered weekly benefitBi-Weekly Premium
Yearly Premium

(Column E multipled by 26)

Short-Term$2,962,523.00$1,367,318.31
Long-Term$21,395,998.00$9,875,076.00
Total

TOTAL FOR ALL YEARS (base and options)

File details come from the government source that posted it. Updated .