The City of San Juan is issuing a sealed‑bid Request for Proposals (RFP # 25‑002‑11‑14) to qualified insurance carriers to provide a fully funded group health‑insurance plan for city employees. The notice details how and when to submit proposals, the information carriers must include, the criteria the city will use to evaluate offers, and the key terms of the contract such as a one‑year initial term starting Jan 1 2025 with two optional one‑year renewals, a maximum 5 % annual rate increase, a 60‑day hold period for proposals, and a 60‑day cancellation notice.
| Proposal submission deadline | 10:00 a.m., November 14 2024 |
| Question deadline | 12:00 p.m., November 6 2024 |
| Contract start date | January 1 2025 |
| Initial contract term | 1 year |
| Renewal options | Two additional 1‑year terms |
| Maximum annual rate increase | 5 % per year |
| Proposal hold period | 60 days |
| Cancellation notice period | 60 days |