Farm Credit Administration, Contracting & Procurement, 1501 Farm Credit Drive, Mclean, VA 22102-5090

R -- LIFE INSURANCE POLICY FOR FCA EMPLOYEES AND RETIREES SOL 98-FCA-RFP-01 DUE 101598 POC POC: Micheal Inlow 703/883-4286; Contracting Officer: Donald Clark 703/883-4200 E-MAIL: Click here to contact the FCA Contracting Specialist, inlowm@fca.gov. The Farm Credit Administration (FCA) is seeking a contractor to underwrite and administer a group term life insurance program for approximately 200 employees and retirees. The levels of coverage include Basic (equal to two and one-half times employees' salary (up to a maximum of $200,000); Accidental death and dismemberment in an equal amount; Option 1: Additional coverage on employees in $25,000 multiples up to a maximum of $300,000; Option 2: Spousal coverage equal to 50 percent of the employee's basic insurance; Option 3: Dependent coverage equal to $10,000 for spouse and $5,000 for each dependent child under age 22. The basic and AD&D coverage will be included under one premium and will be contributory with employees paying 2/3 of the cost and FCA contributing the remaining 1/3. All optional coverages will be paid entirely by the employee. Employees must enroll in the Basic coverage in order to elect any options. The FCA Life Insurance Program is an alternative to the Federal Employees Group Life Insurance Program (FEGLI) which is open to all Federal employees. Employees who enroll in both the FEGLI and the FCA Program will pay the entire cost of the FCA basic coverage themselves since the FCA must, by law, pay a portion of the basic (FEGLI) coverage. At the present time approximately 200 employees and retirees are covered under this program. FCA does not expect this number to change significantly. The solicitation package will be available on or about 15 days after the date of this publication. All responsible sources may submit an offer which will be considered. Closing date for the receipt of proposals in response to the solicitation will be 30 days following issuance of the solicitation, or approximately October 15, 1998. All requests for the solicitation package shall be in writing, no telephone requests will be accepted. The solicitation package may be requested by facsimile transmission (Fax. No. 703/893-2608), Attn: Solicitation 98-FCA-RFP-01. All requests must state that the vendor is not currently on the Consolidated List of Debarred, Suspended and Ineligible Contractors otherwise ineligible to receive Government contracts. Posted 08/21/98 (W-SN240475). (0233)

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