Questions_and_Answers.docx
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- Attached to
- LE Staff Insurance Services Federal contract opportunity
- Solicitation number
- STO40015R0001
- Issued by
- Department of State US Embassy Lome
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Questions and Answers from the Preproposal Conference
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| File | Type | Posted |
|---|---|---|
| Solicitation_Amendment_STO40015R0001-A001.doc | DOC document |
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SOLICITATION # STO40015R0001
LE STAFF HEALTH INSURANCE SERVICES
Question and Answers from Pre-Proposal Conference:
Question 1 Will the economic price adjustment be made on an annual basis?
Answer:
· Yes, beginning with Option Year 1, either the Contractor or the Government has the right to request an economic price adjustment based on claims actually paid. The adjustment is for future premiums. It is not a retroactive adjustment.
Question 2 Every company has its own clause of adjustment. Can each potential provider propose its own specific adjustment clause?
Answer:
· The clause (B.4) regulating the economic price adjustments are detailed in the solicitation. This is the clause that will apply to the contract, not the individual company’s adjustment clause.
Question 3 Is there any warranty from the US government ensuring that the premium will be adjusted at the end of the first year in case the Government decides not to exercise Option Year 1?
Answer:
· No, the Government has the right not to exercise any of the option years without recourse. The adjustment is for potential premiums, if options are exercised at the discretion of the US Government. They are not made to previous premiums paid.
Question 4 Please state the option years clearly in the contract.
Answer:
· The solicitation outlines the contract which will be awarded on a one-year basis (contract line items B.2.3), with four (4) individual one-year options (contract line items B.2.4 through B.2.7) afterwards.
Question 5 Has any potential American bidder submitted an offer in the past for such a solicitation?
Answer:
· The solicitation is available both in the United States and in Togo. All potential offerors have access to the same information since all information is posted on FBO.gov.
Question 6 Is the solicitation available in French?
Answer:
· No, it is only available in English.
Question 7 Is the contract modifiable?
Answer:
· There are provisions outlined in the contract under which modifications may be made.
Question 8 Can the retention fee (where administrative costs are found) be adjusted as well annually?
Answer:
· No, the economic price adjustment deals exclusively with the level of claims paid.
Question 9 Can offers be submitted electronically?
Answer:
· No, the solicitation does not provide for the submission of electronic offers.
Question 10 Is there any provision to economically price adjust the final option year of the contract since the actual claims paid will not be known until the contract period ends?
Answer:
· Economic price adjustments are for future premiums only. They are not for premiums already paid. A potential adjustment to the option year four premiums is only based on the actual claims paid out during option year three.
Question 11 Can the Government provide the actual claims paid figure for 2014?
Answer:
· This information is not currently available.
Note: January 19, 2015 at 16:00 is the solicitation closing date on the website. However, due to this date being a holiday, deadline for proposals submission is extended to January 22nd, 2015 at 16:00 Local Time.
File details come from the government source that posted it. Updated .