338-20260421084831 MTC.pdf

This is a procurement document from the Mississippi Transportation Commission (MTC) located in Jackson, Mississippi, soliciting proposals for Voluntary Group Term Life insurance coverage. Proposals must be submitted to the MTC's Procurement Division at 401 North West Street, 5th Floor, Jackson, Mississippi, by 4:00 P.M. on Tuesday, May 26, 2026. The solicitation seeks insurance providers capable of offering group term life benefits to MTC employees and eligible dependents. The contract will establish the terms, rates, and conditions under which the selected vendor will provide comprehensive voluntary life insurance options to the organization's workforce.

The procurement document establishes the framework for competitive bidding on voluntary group term life insurance services. Interested vendors must submit complete proposals meeting all specified requirements by the stated deadline. The selected contractor will be responsible for administering group term life coverage, managing enrollment and claims processing, and providing ongoing customer service support to MTC participants. Award of the contract will be contingent upon the proposer's ability to meet the MTC's underwriting standards, service level requirements, and cost competitiveness. The contract term and any renewal provisions will be determined based on the MTC's evaluation of proposals and subsequent negotiations with the selected vendor.