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Lottery Commission

RFQ 2602. PRE-QUALIFICATION FOR LIFETIME ANNUITY BIDS

Solicitation: Not available
Notice ID: ma_commbuys_8fee869f20264de85b53

Federal opportunity from LOT - Massachusetts State Lottery Commission • Lottery Commission. Place of performance: MA. Response deadline: Mar 30, 2026. Industry: NAICS UNSPSC 84-13-00, 84-12-18, 93-15-16.

Market snapshot

Baseline awarded-market signal across all contracting (sample of 400 recent awards; refreshed periodically).

12-month awarded value
$68,699,272,131
Sector total $68,699,272,131 • Share 100.0%
Live
Median
$253,715
P10–P90
$29,763$10,909,709
Volatility
Volatile200%
Market composition
NAICS share of sector
A simple concentration signal, not a forecast.
100.0%
share
Momentum (last 3 vs prior 3 buckets)
+100%($68,699,272,131)
Deal sizing
$253,715 median
Use as a pricing centerline.
Live signal is computed from awarded notices already observed in the system.
Signals shown are descriptive of observed awards; not a forecast.

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Map for MA
Live POP
Place of performance
Receiving 40 Industrial Drive Canton, MA 02021 US Email: jsilvestro@masslottery.com Phone: (781) 849-5555 Ext. 5746 FAX: (781) 849-5554
State: MA
Contracting office
Not listed

Point of Contact

Not available

Agency & Office

Department
Lottery Commission
Agency
LOT - Massachusetts State Lottery Commission
Subagency
LOT - Massachusetts State Lottery Commission
Office
Lee Conroy
Contracting Office Address
Not available

More in NAICS UNSPSC 84-13-00, 84-12-18, 93-15-16

Description

The Massachusetts State Lottery Commission is seeking qualification responses from established, recognized and qualified insurance companies interested in submitting lifetime annuity bids.

Files

Files size/type shown when available.

BidPulsar Analysis

A practical, capture-style breakdown of fit, requirements, risks, and next steps.

Updated: Feb 18, 2026
Executive summary

The Massachusetts State Lottery Commission (LOT) is issuing RFQ 2602 to pre-qualify established, recognized, and qualified insurance companies that want to submit lifetime annuity bids. This is a qualification step (pre-qualification), not the annuity bid itself, based on the notice description. Responses are due by 2026-03-30 10:00 UTC. The opportunity is hosted on CommBuys with four downloadable attachments tied to document ID BD-26-1062-LOT-LOTDO-125534.

What the buyer is trying to do

Create a pool/list of qualified insurance companies eligible to submit lifetime annuity bids for Massachusetts State Lottery Commission needs, by collecting qualification responses that demonstrate the insurer is established, recognized, and qualified.

Work breakdown
  • Review the RFQ 2602 CommBuys attachments for the qualification criteria and required submission forms (four attachments provided via CommBuys download links).
  • Assemble corporate qualifications demonstrating the company is an established, recognized, and qualified insurance company for lifetime annuities.
  • Prepare and submit the qualification response package through the CommBuys process by the stated deadline (2026-03-30 10:00 UTC).
  • Ensure all representations/certifications and required forms in the RFQ attachments are complete and consistent across the submission.
Response package checklist
  • Completed qualification response as required by RFQ 2602 (per the CommBuys attachments).
  • Evidence of insurer status and qualifications (exact items depend on the RFQ attachments).
  • Any required forms/affidavits/certifications included in the four RFQ attachments.
  • Submission confirmation/receipt from CommBuys prior to the deadline (2026-03-30 10:00 UTC).
Suggested keywords
RFQ 2602pre-qualificationlifetime annuityMassachusetts State Lottery CommissionCommBuysBD-26-1062-LOT-LOTDO-125534
Source coverage notes

Some notices publish limited source detail. Confirm these points before final bid/no-bid decisions.

  • Contents of the four RFQ attachments (qualification criteria, required forms, submission instructions, evaluation method)
  • Solicitation number and notice type fields (blank in the brief beyond the title/RFQ reference)
  • Posted date
  • Period of performance (if applicable to pre-qualification validity or subsequent annuity contracts)
  • Place of performance/administration requirements (if any)
  • Any stated minimum insurer qualifications (licenses, ratings, financial thresholds) and how they are verified

FAQ

How do I use the Market Snapshot?

It summarizes awarded-contract behavior for the opportunity’s NAICS and sector, including a recent pricing band (P10–P90), momentum, and composition. Use it as context, not a guarantee.

Is the data live?

The signal updates as new awarded notices enter the system. Always validate the official award and solicitation details on SAM.gov.

What do P10 and P90 mean?

P10 is the 10th percentile award size and P90 is the 90th percentile. Together they describe the typical spread of award values.