B-51318 renewal-notice-of-award- Life Insurance Met Life.pdf
PDF 1 MB Posted
- Attached to
- Renewal Notice - MetLife Life Ins
- Solicitation number
- 26-416CMS-BENF4-B-51318
- Issued by
- Illinois
About this file
This is a Renewal Notice of Award issued by the State of Illinois Chief Procurement Office for General Services regarding life insurance services for the Central Management Services (CMS) agency. The renewal pertains to life insurance coverage provided by Metropolitan Life Insurance Company under renewal bid number 26-416CMS-BENF4-B-51318, which is a continuation of the original solicitation bid number 21-416CMS-BENF4-B-20592. The renewal covers a five-year term beginning July 1, 2026, and concluding June 30, 2031. The contract encompasses basic life insurance coverage valued at $261,000,000 and optional life insurance valued at $300,000,000, for a total renewal contract value of $561,000,000.
The renewal was awarded to Metropolitan Life Insurance Company in accordance with the existing contract terms, as documented by the State Procurement Officer on June 12, 2026. The contract includes business enterprise program participation with a total of 5 percent utilization allocated to certified BEP vendors, specifically Leal & Associates, Inc. (2.21 percent) and Richards Graphic Communications (2.79 percent). No Veterans Business Program participation was identified in the utilization plan.
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Text version
Renewal Notice of Award
State of Illinois Chief Procurement Office for General Services Renewal Notice of Award v.25.2 Page 1 of 1
Agency and Vendor Information
Description Renewal Notice - Life Insurance
Renewal Bid Number 26-416CMS-BENF4-B-51318 Agency CMS - Central Management Services
Vendor Metropolitan Life Insurance Company
Line Item Description
Renewal 1 of 1 Life Insurance Services 7/1/26 - 6/30/31 $261,000,000 For Basic Life Insurance $300,000,000 Optional Life Insurance 5 year term
Total Renewal Amount $561,000,000 Original Solicitation Bid Number 21-416CMS-BENF4-B-20592
Renewal Begin Date Renewal End Date Value
7/1/2026 6/30/2031
$561,000,000
Farm Leases and Concessions
Value to the State (Estimated Financial Return to the State for this renewal)
Value to the Vendor (Estimated Gross Revenue to the Vendor for this renewal)
Business Enterprise Program/Veterans Business Program
% of VBP Per Utilization Plan 0 % of BEP Per Utilization Plan 5
BEP subcontractor Name List the names of ALL BEP subcontractors identified on the Utilization
Plan
The Percentage of the contract's amount awarded to certified BEP vendor(s) identified in the utilization plan
Leal & Associates, Inc.
Richards Graphic Communications
2.21% 2.79%
SPO Written Determination for Contract Award Decision
Renewal - The contract is a renewal in accordance with the terms of the existing contract.
SPO Signature Date Jun 12, 2026
Renewal Notice of Award State of Illinois Chief Procurement Office for General Services Renewal Notice of Award v.25.2 Page of Agency and Vendor Information Renewal Begin Date Renewal End Date Value Farm Leases and Concessions Business Enterprise Program/Veterans Business Program % of VBP Per Utilization Plan % of BEP Per Utilization Plan BEP subcontractor Name List the names of ALL BEP subcontractors identified on the Utilization Plan The Percentage of the contract's amount awarded to certified BEP vendor(s) identified in the utilization plan When Add row is clicked add a new row SPO Written Determination for Contract Award Decision Renewal - The contract is a renewal in accordance with the terms of the existing contract.
6.5.0.20211215.13
| CurrentPage: |
| PageCount: |
| TextField1: Renewal Notice - Life Insurance |
| TextField2: 26-416CMS-BENF4-B-51318 |
| DropDownList1: CMS - Central Management Services |
| TextField3: Metropolitan Life Insurance Company |
| TextField4: |
Renewal 1 of 1 Life Insurance Services 7/1/26 - 6/30/31 $261,000,000 For Basic Life Insurance $300,000,000 Optional Life Insurance 5 year term
| TextField5: $561,000,000 |
| TextField6: 21-416CMS-BENF4-B-20592 |
| DateField1: 7/1/2026 |
| DateField2: 6/30/2031 |
| TextField7: |
$561,000,000
| TextField8: |
| TextField9: |
| TextField10: 0 |
| TextField11: 5 |
| TextField12: Leal & Associates, Inc. |
Richards Graphic Communications TextField13: 2.21% 2.79%
| SignatureField1: |
| DateField3: 2026-06-12 |
File details come from the government source that posted it. Updated .