Benefits Consulting, Actuarial, and Claims Auditing Services

This state term contract provides benefits consulting services, actuarial services, and claims auditing services to Florida state agencies and eligible users. Under this vehicle, procuring entities can access hourly rates established for principal, senior, and junior-level positions across each of the three service categories, or alternatively utilize project-based pricing for engagements involving more complex requirements. Services encompass comprehensive benefits consulting support, actuarial analysis and valuations, and claims auditing operations that review medical and prescription plan claim administration, identify potential payment errors, assess compliance with regulatory requirements, and conduct operational reviews. Customers issue requests for quotes to a minimum of 25 contracted vendors to establish specific scopes of work and negotiate pricing, fees, and related expenses tailored to individual project deliverables.

The Florida Department of Management Services administers this multiple award vehicle under Contract No. 80111502-19-1, with an initial period of performance from December 17, 2019, through December 16, 2024, and a renewal term extending through December 16, 2029. Prime contractors awarded to this vehicle include Mercer Health & Benefits LLC, The Segal Company (Eastern States), Inc., Aon Consulting, Inc., KPMG LLP, Myers and Stauffer LC, Foster & Foster Consulting Actuaries, Inc., E.W. Siver and Associates, Inc., INS Regulatory Insurance Services, Inc., and Thomas Howell Ferguson P.A. The contract is available statewide throughout Florida and permits cooperative purchasing by other governmental entities. The estimated annual spend is $2,000,000, though this represents an informational estimate with no guaranteed minimum. This indefinite-delivery, indefinite-quantity contract was procured in accordance with Florida Statutes section 287.056(3).