For Life Annuities Contract

The Connecticut Lottery Corporation (CLC) is conducting a solicitation for a "For Life" Annuities contract, seeking bids exclusively from Connecticut Licensed Insurance Companies. The procurement, identified by solicitation number CLC202311, is specifically targeted at Hartford County and will involve the purchase of life annuities services. The solicitation period opens on August 9, 2023, at 7:30:00 PM GMT and closes on August 24, 2023, at 2:00:00 PM GMT, providing potential bidders approximately two weeks to prepare and submit their proposals. The delivery terms are specified as Free On Board Destination, with payment terms to be determined by the vendor. Stephen Day at the Connecticut Lottery Corporation's Rocky Hill office (located at 777 Brook Street) is the designated point of contact for any questions, reachable at 860-713-2791 or Stephen.day@ctlottery.org. While the specific detailed requirements are not extensively outlined in the documentation, the solicitation indicates that interested insurance companies must be licensed in Connecticut and capable of providing life annuity contract services.

The solicitation appears to have no specific set-aside designations or restrictions beyond the requirement of being a Connecticut Licensed Insurance Company. No incumbent vendors or current contractors are mentioned in the documentation, and there are no indications of existing infrastructure or technology integration requirements. The estimated total value of the contract is not disclosed in any of the provided documents, making it difficult to assess the potential budget range or financial scope of the opportunity. The bid is open to all vendors who meet the licensing qualification of being a Connecticut Licensed Insurance Company, with no additional preferential treatment for disadvantaged enterprises or small businesses explicitly stated. The solicitation documents consistently note that there are no line items specified and no additional documents are required with the bid submission. Interested parties are encouraged to contact Stephen Day directly for any clarifications or additional information regarding the "For Life" Annuities contract procurement.