Colorado VSS #NPSS1-AABA-2027000032-1

Sole Source Extension for Colorado Employee STD & LTD Benefits

This opportunity involves a sole source contract extension for employee disability insurance benefits in Colorado. - Government Buyer: - State of Colorado Department of Personnel and Administration (DPA) - OEMs and Vendors: - Unum Life Insurance Company of America (sole source provider) - Products/Services Requested: - Short Term Disability (STD) insurance coverage - Long Term Disability (LTD) insurance coverage - Coverage for all State of Colorado employees - Unique or Notable Requirements: - Extension required to align contract expiration with the end of the final Plan Year - No transition to a new provider allowed mid-year; uninterrupted coverage is mandatory - Sole source justification based on continuity of benefits and implementation needs - Quantities and Part Numbers: - Not specified; covers all eligible employees for the specified period - Period of Performance: - Extension from current contract expiration through the end of the Plan Year - Estimated Contract Value: - Not specified, but likely in the mid-to-high six figures or more based on statewide coverage

Description

This solicitation is a sole source procurement to extend the existing State of Colorado Employee Short Term Disability (STD) and Long Term Disability (LTD) benefits coverage. The Department of Personnel and Administration (DPA) requires an extension of the current contract with Unum Life Insurance Company of America to cover the final Plan Year through June 30, 2027. The extension is necessary because the original contract term expires in February 2027, which does not cover the entire Plan Year. This ensures continuous coverage and allows for a proper implementation period and overlapping contract terms if a new vendor is selected during the State Fiscal Year 2027 solicitation.

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