Group Life Insurance
The U.S. Embassy in Addis Ababa seeks an insurance company to provide Group Life Insurance for approximately 1,018 locally employed staff. The contract is a firm-fixed-price type with an economic price adjustment, and the premium is quoted in USD per $1,000 of annual salary. Coverage must include life insurance, accidental death, dismemberment, and disability. The performance period is anticipated for one base year plus four one-year option periods. The government may award the contract based on the initial offer without discussion.