Life Insurance

Closed Solicitation Posted

Solicitation number
19DR8625Q0023
Agency
Department of State
Responses due
Set-aside
No set-aside

Opportunity facts

NAICS code
524113 Direct Life Insurance Carriers
PSC
G006 Social- Government Life Insurance Programs
Place of performance
Santo Domingo Distrito Nacional Dominican Republic
Points of contact

Notice details come from SAM.gov. Updated .

About this opportunity

The Department of State is seeking life insurance services for local employee staff at the U.S. Embassy in Santo Domingo, Dominican Republic. The solicitation covers group life insurance for Foreign Service Nationals and locally hired U.S. citizens across multiple federal agencies, including State, Treasury, Defense, Justice, and others. Insurance benefits will be calculated at 20 times the monthly basic salary for natural causes and 24 times the monthly salary for accidental death. The contract will be awarded as a fixed-price requirements contract with economic price adjustment, featuring a base year and four one-year option periods. Proposals will be evaluated using a lowest-priced, technically acceptable approach, with potential consideration given to profit-sharing credit plans if proposals are equally rated. Interested vendors must submit detailed technical proposals demonstrating understanding of requirements, plan administration, past performance, and licensing information. The proposal deadline is April 30, 2025, with submissions to be made via email to SantoDomingoContracts@State.Gov.

The solicitation is not set aside for any specific category of business. The total estimated employee pool is approximately 450 employees across various salary grades, with premiums to be paid in Dominican Pesos. While no incumbent contractor is specifically named, the contract will cover employees from departments such as USAID, Social Security Administration, and other federal agencies. The place of performance is Santo Domingo, Dominican Republic, where the U.S. Embassy will serve as the primary point of contract execution. The solicitation falls under NAICS Category 524113 for Direct Life Insurance Carriers and PSC Category G006 for Social-Government Life Insurance Programs. Though specific award values are not explicitly stated, the comprehensive coverage for 450 employees suggests a significant contract opportunity for qualified insurance providers. The contract structure allows for a base year with potential extensions, providing stability and predictability for both the government and the selected vendor.

Notice text

The US Embassy in Santo Domingo is seeking responsible vendors to quote for LIFE INSURANCE SERVICES for the Local Employee Staff. The details for the subject solicitation are described in the Scope of Work provided in the attached document.

The interested participants can submit offers until April 30, 2025. COB.

Attachments

Files attached to this notice, newest first
File Type Posted
19DR8625Q0023 - LE Staff Life Insurance - Solicitation.pdf PDF

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