TC FY26-27-010 Fully Insured Life and Disability Coverage

Torrance County, New Mexico, is soliciting proposals for a single source award for Fully Insured Life and Disability Coverage under solicitation TC FY26-27-010. The contract is intended to begin with an effective coverage date of January 1, 2027, for an initial one-year term, with the possibility of annual extensions for up to three additional years, not to exceed a total duration of four years. Vendors must be licensed in New Mexico and provide premium guarantees for at least two years. The scope requires the transition of existing insureds without Evidence of Insurability requirements and a one-time open enrollment for Voluntary Life and AD&D. Financial terms include a 10 percent flat commission for vision benefits and a 20 percent flat commission for all other lines of coverage, with a mandate that premium tax not be charged per New Mexico state statute. Proposals are due by December 3, 2026, and must be submitted as sealed physical packages to Kathryn Dillon in Estancia, New Mexico. The submission must follow a strict organizational sequence, including a Letter of Transmittal, Campaign Contribution Disclosure, and specific exhibits, with the Cost Response Form and Disclosure Form placed in separately sealed envelopes. Award selection is based on the most advantageous proposal to the County, considering scored factors and significant preference points for New Mexico or Native American residents and veterans. Invoicing must be submitted within 15 days of the month's end, with payments tendered within 30 days of acceptance.