Group Long-Term Disability Plan

Closed State & local contract opportunity Posted

Solicitation number
RFP01-SBA-24-202
State
Texas
Responses due

Opportunity facts

NIGP code

Opportunity details come from txsmartbuy.com. Updated .

About this opportunity

The Texas A&M University System ("A&M System") is seeking responses to a Request for Proposals (RFP) from qualified, licensed vendors in the state of Texas to provide a fully-insured group long-term disability insurance plan ("LTD") for the plan year beginning September 1, 2024. The A&M System desires proposals that represent the best combination of quality and cost, with the intent to establish a services agreement with one vendor to meet these needs. The RFP outlines the required plan provisions, including definition of disability, elimination period, pre-existing limitations, exclusions, and minimum/maximum monthly benefits. Respondents must provide proposed premiums for the initial 3-year term, and the A&M System will evaluate proposals based on criteria such as compliance, experience, customer service, and cost.

The RFP does not specify any set-aside designations or restrictions on the types of organizations that can respond. It also does not provide information on any listed incumbent vendors or current contractors, nor does it mention any existing infrastructure or technology that requires integration. The RFP also does not disclose any possible award values or budget ranges for this contracting opportunity.

Opportunity text

The Texas A & M UniversitySystem ("A & M System") is seeking responses to its Request for Proposals ("RFP")from qualified vendors ("Respondent") licensed to operate in the state of Texasto provide a fully-insured group long-term disability insurance plan ("LDT") forthe plan year beginning September 1, 2024. The A & M System desires proposalsthat represent the best combination of quality and cost. It is the intent of the A & MSystem to establish a services agreement ("Agreement") with one vendor to meetthese needs. The resultant Agreement will be between the selected vendor andthe A & M System.Refer to the attached RFP and related documents.

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