addendum-1-rfp-das-495-27.pdf

This addendum pertains to RFP-DAS-495-27, a group life insurance procurement issued by the New Hampshire Department of Administrative Services, Division of Risk and Benefits. The request seeks proposals for comprehensive life and accidental death & dismemberment coverage for the state's eligible full-time employees, consisting of one employer-paid basic life plan ($50,000 benefit) and six employee-paid supplemental options including dependent child coverage. The state maintains approximately 10,050 employees enrolled in basic coverage with total enrollment volume of approximately $1.1 billion across all plans. Proposals are due July 8, 2026 at 2:00 PM ET, with the contract term commencing January 1, 2027 and running through December 31, 2031, with optional renewal for up to two additional years as mutually agreed and approved by the Governor and Executive Council. Bidders' inquiries must be submitted by June 24, 2026, with responses posted by June 26, 2026. Implementation activities must commence within seven days of approval or September 1, 2026, whichever is later.

Bidders must be New Hampshire-licensed insurance producers or business entities with an A.M. Best rating of B++ or higher, five years of experience with at least three public sector clients, and performance guarantees backed by a minimum percentage of annual premium at risk. The contract requires fully insured rates without commissions, and any bidder whose total paid premium exceeds 25 percent higher than the lowest bidder is excluded from further consideration. Evaluation scoring consists of financial components (employer-paid premium at 20 points, employee-paid premium at 15 points, and total paid premium at 15 points) combined with non-financial technical scoring (50 points) for a total of 100 points. The current vendor is Voya Financial (ReliaStar Life Insurance Company), which has provided coverage since 2021.