Illinois BidBuy #26-416CMS-BENF4-B-51318

Illinois CMS Renews MetLife Life Insurance Services Contract

This award notice announces the renewal of life insurance services for Illinois state employees: - Government Buyer: - Illinois Department of Central Management Services (CMS), Benefits division - OEMs and Vendors: - MetLife (Metropolitan Life Insurance Company) is the sole provider - Products/Services Requested: - Life insurance services for state employees - Basic life insurance (contract value: $261 million) - Optional life insurance (contract value: $300 million) - Five-year contract term - Unique or Notable Requirements: - 5% Business Enterprise Program (BEP) participation goal - Renewal is linked to a previous purchase order - Not a small business set aside - This is a renewal, not a new solicitation - No specific part numbers or product models are listed, as this is a service contract

Description

This is a renewal notice for life insurance services provided by MetLife. The contract covers basic life insurance and optional life insurance for a five-year term from July 1, 2026, to June 30, 2031. The procurement includes a BEP participation goal of 5% and is linked to a previous purchase order. The bid opening date is June 29, 2026, and the procurement is not a small business set aside. The notice clarifies that this is not a solicitation but a renewal notice.

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