Questions and Answers.docx
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- Locally Employed Staff (LES) Health Insurance
- Solicitation number
- STO400-12-R-0001
- Issued by
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Department of State US Embassy Lome
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SOLICITATION # STO40011R0001 – LES HEALTH INSURANCE
Q1: The 5 years of claims expierence[sic] appear very low - for instance claims for 2010 were CFA 48,659,393 and if I use a conversion rate of 500 CFA = 1 USD it would mean claims were apporximately[sic] $97,000. As there are 205 employees an d 574 dependants this would mean there was an average calim[sic] of approx. $125.00.
Are these calculations accurate or am I making a mistake in conversion?
A1: Your calculations are correct. The current (23 Dec 2012) official CFA exchange rate is CFA 502 : USD $1.
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