Renewal Notice - MetLife Life Ins

Closed State & local contract opportunity Posted

Solicitation number
26-416CMS-BENF4-B-51318
State
Illinois
Responses due

Opportunity facts

Point of contact

Opportunity details come from bidbuy.illinois.gov. Updated .

About this opportunity

The State of Illinois Chief Procurement Office is issuing a renewal notice for life insurance services provided by Metropolitan Life Insurance Company under renewal bid number 26-416CMS-BENF4-B-51318, with a notice date of June 12, 2026 and a due date of June 29, 2026. This is a continuation of the original solicitation bid number 21-416CMS-BENF4-B-20592 and is not a competitive solicitation.

The renewal covers a five-year term beginning July 1, 2026 through June 30, 2031 for the Central Management Services agency. The contract encompasses basic life insurance coverage valued at $261 million and optional life insurance valued at $300 million, for a total renewal contract value of $561 million.

The contract includes business enterprise program participation with 5% utilization allocated to certified BEP vendors: Leal & Associates, Inc. (2.21%) and Richards Graphic Communications (2.79%). No Veterans Business Program participation was identified in the utilization plan.

Opportunity text

RENEWAL NOTICE THIS IS NOT A SOLICITATION: Renewal 1 of 1 for life insurance services.

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