Tender Details

Country: USA
Summary: Group life insurance - U.S. Embassy Brussels, Belgium
UST Ref No: 117096604
Deadline: 11 Apr 2025
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: PR12548983
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Description:
Description
The Regional Procurement Support Office in Frankfurt intends to procure, on a noncompetitive basis, from Athora Belgium nv, Brussels, Belgium, Group life insurance services on behalf of U.S. Mission Belgium.

This is a notice of intent to award a sole source contract. The purpose of this procurement is to obtain group life insurance coverage for U.S. Mission Belgium employees, for a base period of 12 months with four additional option year periods.

Athora is Mission Belgium-s provider for Posts- Supplemental Retirement Plan. Post Brussels began with a Supplemental Retirement Plan in the 1980-s after Locally Employed Staff were no longer eligible to be hired under the American Civil Service Retirement (CSR) plan. The SRP is part of the salary of the employee and according to Belgian law, cannot be changed unilaterally, therefore all benefits derived from the initial retirement plan must continue regardless of future changes to the retirement plan mechanism. Following the ending of employees being hired under the CSR, the Mission created a new SRP with defined benefit.

In Belgium it is standard for the group life insurance to be included in the SRP. Currently the group life insurance for Mission Belgium employees is not included in the supplemental retirement plan but rather have a separate plan for life insurance that would allow both types of employees (those employees grandfathered in on the CSR and those hired after the ending of CSR) to be covered. This created the current ‘non standard- situation, i.e. a group life insurance and a supplemental retirement plan that are separate and not combined such as the common practice in the Belgium.

Currently, Post Brussels has the financial advantage that the group life insurance is with the same provider as would normally be the case given the two items are benefits under a SRP. If the group life insurance will no longer be offered via Athora, Athora will review the rates ...
Documents:

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Group life insurance - U.S. Embassy Brussels, Belgium - USA Tender

The STATE, DEPARTMENT OF, a Government sector organization in USA, has announced a new tender for Group life insurance - U.S. Embassy Brussels, Belgium. This tender is published on USARFP under UST Ref No: 117096604 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-04-11.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.