Stop Loss Insurance

The Knoxville Utilities Board (KUB), an independent agency of the City of Knoxville, Tennessee, is seeking a Stop Loss Insurance provider for its medical plan through Request for Proposal (RFP) #3972. The procurement targets insurance coverage for KUB's workforce of approximately 1,256 employees, with the contract term spanning January 1st, 2026 to December 31st, 2026. Proposers must contact Brennan Thomas at Willis Towers Watson to verify their status as a legitimate insurance carrier before submission. The evaluation criteria will prioritize price, proposal response quality, vendor experience and references, and any exceptions to standard terms and conditions. Proposals are due on October 30th, 2025 at 10:00 AM EDT, with a deadline for questions set at October 24th, 2025 at 5:00 PM EDT. Bidders can submit proposals electronically through bidnetdirect.com or via hard copy to KUB's Procurement Department at 4505 Middlebrook Pike in Knoxville, TN. All submissions must be clearly marked with the bid name, control number, due date, and time.

The RFP does not explicitly mention specific set-aside designations or restrictions for disadvantaged enterprises. Proposers must provide comprehensive insurance documentation, including workers' compensation, commercial general liability, automobile liability, and umbrella liability insurance with specified minimum coverage limits. KUB reserves the right to terminate the agreement with 90 days' written notice and may enter into agreements with one or more firms based on their evaluation team's assessment. While specific budget ranges are not disclosed in the documents, the procurement is for stop loss insurance that will support KUB's employee benefits package and workforce retention strategy. The independent evaluation team will review submissions to select the most appropriate insurance provider(s) based on the established criteria. Prospective bidders are encouraged to thoroughly review all RFP documents and ensure compliance with the specified submission requirements and insurance documentation standards.