Qualified insurance carrier to provide underwriting and administration of a vision care insurance program for OCC active employees, office of financial research active employees, OCC disabled retirees…
Active Definitive Contract Awarded Last action
- Contract number
- 2031JW26C00008
- Awardee
-
Vision Service Plan Insurance CO. UEI KNAWLAQMH836
- Awarding agency
-
Office of the Comptroller of the Currency
Department of the Treasury
- Obligated
- $833,199
Award facts
- Opportunity
-
- OCC Vision Insurance Solicitation · 2031JW26Q00058 · Posted May 28, 2026
- Contract value 20% obligated
-
- $833,199.48 Current, with exercised options
- $4,165,997.40 Potential, with all options
- Completion date 3% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- NAICS code
- 524114 Direct Health and Medical Insurance Carriers
- Set-aside
- No set-aside
- Competition
- Competed under SAP · 2 offers Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Columbus, OH 43219, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $833,199 | |
| Original award | $0 |
About this award
The Office of the Comptroller of the Currency awarded a definitive contract to Vision Service Plan Insurance Co. for underwriting and administration of an employer-sponsored vision care insurance program on September 4, 2026, with a ceiling value of $4,165,997.40.
The contract covers vision care insurance for OCC and Office of Financial Research active employees, OCC disabled retirees, and eligible family members. Place of performance is Columbus, Ohio. The solicitation was posted May 28, 2026 with quotations due June 16, 2026 (extended by Amendment A00002), and was conducted under FAR Part 12 simplified procedures as a single-award, firm-fixed-unit-price contract with Administrative Services Only pricing. Insurance coverage commences November 9, 2026, with a transition period through December 31, 2026 at no additional cost, followed by a base period of January 1, 2027 through December 31, 2027, and four optional one-year extensions through December 31, 2031. The contractor must provide comprehensive vision benefits with a network of minimum 50,000 provider access locations nationwide, ensuring at least 85 percent of the OCC population has access to two network providers within a five-mile radius and at least 40 percent private practice providers. Benefits include examinations, materials, frames, lenses with options, elective and medically necessary contact lenses, and prescription computer eyeglasses. Operational requirements include secure FTP for weekly demographic file exchange, member portal, biannual online seminars, annual wellness fair support, monthly reporting, and customer service Monday through Friday 8:00 AM to 7:00 PM ET and Saturday 9:00 AM to 2:00 PM ET. All operations and data processing must occur within the United States and comply with Section 508 accessibility, OCC security protocols, and SOC 2 Type 2 attestation. NAICS is 524114, Direct Health and Medical Insurance Carriers.
Description
Qualified insurance carrier to provide underwriting and administration of a vision care insurance program for OCC active employees, office of financial research active employees, OCC disabled retirees and eligible family members.
Quick answers
Who was awarded contract 2031JW26C00008?
2031JW26C00008 was awarded to Vision Service Plan Insurance CO. by Office of the Comptroller of the Currency (Department of the Treasury) on September 4, 2026.
How much is contract 2031JW26C00008 worth?
The government has obligated $833,199 on 2031JW26C00008. Its potential value, with all options, is $4,165,997.
Was contract 2031JW26C00008 competed?
The extent of competition for 2031JW26C00008 was competed under sap. The government received 2 offers.
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