This Solicitation opportunity from Minnesota was posted on September 4, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Group LTD/STD Insurance for Academic Health Science Students
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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AI Contract Overview
The University of Minnesota is issuing a Request for Proposal (RFP) to select a supplier for group long-term disability (LTD) and short-term disability (STD) insurance coverage tailored to specific university populations. The contract encompasses two main levels: Level 1, which provides LTD insurance for students enrolled in the Academic Health Science degree programs, and Level 2, which offers both LTD and STD insurance for Residents, Fellows, and Interns, collectively referred to as the RFI group. Additionally, there is an opportunity for the RFI group to purchase an Individual Guaranteed Issue Policy. The procurement process is structured with key milestones, including an intent to bid deadline by September 10, 2025, clarification questions submission by September 12, 2025, and proposal submission by October 10, 2025. Finalist interviews are scheduled for early November, with the university aiming to select a provider by November 28, 2025, contingent upon successful contract negotiations. The RFP process emphasizes transparency and compliance, utilizing the MBid electronic procurement platform for all communications and submissions. Suppliers are encouraged to review detailed guidance documents that outline procedures for responding to the RFP, including response accuracy, submission deadlines, and handling of questions and addenda. The contract size is estimated to range between 5 million and 15 million dollars, with the university seeking a qualified provider capable of delivering comprehensive disability insurance solutions aligned with the defined scope and requirements. The designated point of contact for inquiries is Sarah Erhardt, and further details about the procurement process and submission requirements are accessible through the university’s online portal.
General Info
Agency
Place of Performance
MN, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
Full Description
See the Bid Attachment called "Background and Scope of Work, 2025 RFP for LTD and STD.docx" for how Level 1 and Level 2 are defined. Here is the timeline for RFP-related activities (the University reserves the right to adjust this timeline, if needed): 1. Intent to Bid (By Tuesday, September 10, 2025 at 2:00PM CST) - We are asking suppliers to advise us, via the MBid tool, of their intent to bid (intent to submit a proposal in response to this RFP), so that the project team can gauge what the expected response may be. Please note, if you inadvertently miss this "intent to bid" deadline, you may still submit a proposal by the October 10, 2025 due date for proposals. Similarly, if you indicate an intent to bid, but you later decide not to submit a proposal, that is okay too. Again, we are using the "intent to bid" activity as a way to gauge the approximate degree of supplier interest in the RFP. 2. Due Date for Clarification Questions From Suppliers (Friday, September 12th, 2025 at 2:00PM CST) - All RFP-related clarification questions are due from suppliers, via MBid, by this due date. The project team will promptly review all questions, and then develop corresponding answers. The full Q&A (all questions received, plus all answers; minus the names of suppliers) will be published shortly thereafter, via publishing an RFP addendum in MBid. 3. Proposal Due Date (Thursday, October 10, 2025 at 2:00PM CST) - All proposals in response to this RFP are due from suppliers, via MBid, by this due date. Please start inputting your proposals into MBid well in advance, so that you don't run into any issues and miss the deadline, because this is a "hard stop," meaning that the MBid system won't allow for the late submission of proposals. 4. Interviews of Supplier Finalists (Week of November 3, 2025) - Selected finalists will visit the University of Minnesota (at a location to be determined and communicated) for an interview and presentation session. 5. Final Decisions / Supplier Selection (Friday, November 28, 2025) - The University hopes to select a winning supplier by Friday, November 28, 2025 or sooner. An award would be contingent upon successful contract negotiations. Additionally, an opportunity to purchase Individual Guaranteed Issue Policy for the RFI group.
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