Group Life Insurance

The U.S. Embassy, Addis Ababa is seeking the services of an insurance company (contractor) who can provide Group Life Insurance for approximately 1,018 locally employed (LE) staff. This contract is a fixed-price with an economic price adjustment requirement, under which the government will issue firm fixed-price task orders. The premium rate is in USD, per one thousand dollars of annual salary. The premium covers life insurance, accidental death, dismemberment insurance, and partial and total disability coverage. Detials are provided in the attached Request for Proposal (RFP). The anticipated performance period is for a base year, with four one-year option periods, if exercised by the Government. All responsible sources may submit a quotation, which will be considered. The Government may award the contract based on the initial offer without discussion. The resultant contract will be a firm-fixed price with economic price adjustment ( FFP-EPA) contract.