Business Travel Accident Insurance

Closed Solicitation Posted

Solicitation number
9531CB25R0001
Agency
Responses due
Set-aside
No set-aside

Opportunity facts

Place of performance
Washington, District of Columbia, United States

Notice details come from SAM.gov. Updated .

About this opportunity

The Consumer Financial Protection Bureau (CFPB) is seeking an insurance carrier to provide business travel accident insurance benefits for its employees through a Firm-Fixed-Price contract. The Request for Proposal (RFP) aims to secure comprehensive insurance coverage with a one-year base period and four potential one-year option periods, not to exceed five total years. Proposals are due by November 27, 2024, with vendor questions accepted until shortly before the submission deadline. The solicitation is classified under NAICS code 524114 for Direct Health and Medical Insurance Carriers, with a small business size standard of $47 million. Potential bidders must meet specific administrative requirements including claims administration, customer service capabilities, and reporting mechanisms. The RFP indicates that the government will evaluate proposals based on technical capabilities, insurance coverage details, and likely cost considerations.

The contract will be performed in Washington, DC, with a contract period spanning January 1, 2025 to December 31, 2025. There are no specific small business set-aside requirements for this solicitation, meaning all qualified vendors may compete. While specific award values are not explicitly stated, the procurement is for business travel accident insurance covering CFPB employees. The contract will require detailed performance specifications including plan design, administrative protocols, and transition management. Vendors must demonstrate financial stability and meet minimum insurance carrier qualifications. The RFP has undergone multiple amendments, with closing dates progressively extended to November 27, 2024, suggesting potential complexity in vendor requirements or ongoing clarifications from the CFPB. The procurement follows standard federal contracting procedures for professional insurance services.

Notice text

5 versions

Update #5 · Latest ·

11/25/2024- solicitation amended to answer vendor questions received and extend the closing date to 12/02/2024 at 15:00h ET.

PLEASE NOTE: CFPB is not looking for broker proposals. CFPB will only contract directly with the insurer.

11/19/2024 - solicitation amended to extend closing date to 11/27/2024 to allow time to answer questions received. Subsequent amendment will provide answers.

11/12/2024 - solicitation amended to extend closing date to 11/21/2024 to allow time to answer questions received. Subsequent amendment will provide answers.

10/31/2024- solicitation amended to extend closing date to 11/14/2024 to allow time to answer questions received. Subsequent amendment will provide answers.

The purpose of this Request for Proposal (RFP) is to acquire an insurance carrier to provide business travel accident insurance benefits to CFPB employees, as outlined in the attached document.

Update #4 ·

11/19/2024 - solicitation amended to extend closing date to 11/27/2024 to allow time to answer questions received. Subsequent amendment will provide answers.

11/12/2024 - solicitation amended to extend closing date to 11/21/2024 to allow time to answer questions received. Subsequent amendment will provide answers.

10/31/2024- solicitation amended to extend closing date to 11/14/2024 to allow time to answer questions received. Subsequent amendment will provide answers.

The purpose of this Request for Proposal (RFP) is to acquire an insurance carrier to provide business travel accident insurance benefits to CFPB employees, as outlined in the attached document.

Update #3 ·

11/12/2024 - solicitation amended to extend closing date to 11/21/2024 to allow time to answer questions received. Subsequent amendment will provide answers.

10/31/2024- solicitation amended to extend closing date to 11/14/2024 to allow time to answer questions received. Subsequent amendment will provide answers.

The purpose of this Request for Proposal (RFP) is to acquire an insurance carrier to provide business travel accident insurance benefits to CFPB employees, as outlined in the attached document.

Update #2 ·

10/31/2024- solicitation amended to extend closing date to 11/14/2024 to allow time to answer questions received. Subsequent amendment will provide answers.

The purpose of this Request for Proposal (RFP) is to acquire an insurance carrier to provide business travel accident insurance benefits to CFPB employees, as outlined in the attached document.

Update #1 ·

The purpose of this Request for Proposal (RFP) is to acquire an insurance carrier to provide business travel accident insurance benefits to CFPB employees, as outlined in the attached document.

Files

File Type Posted
RFP-9531CB25R0001-AmendmentP00004.pdf PDF
9531CB25R0001-amdt0003.pdf PDF
9531CB25R0001-amdt0002.pdf PDF
9531CB25R0001-amdt0001.pdf PDF
RFP-9531CB25R0001.pdf PDF

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