Pricing Template for UPD Benefits Consultant/Broker Services

This pricing template is associated with the Unified Police Department (UPD) in Utah's request for competitive sealed proposals for benefits consulting and brokerage services. UPD, a large police agency with over 300 full-time employees and more than 250 part-time employees, is seeking qualified consulting firms or brokers to assist on an ongoing basis for a three-year initial period with two optional one-year renewal periods. The consultant/broker will be responsible for designing, maintaining, and modifying employee insurance plans and benefit programs including health, dental, life, accidental death and dismemberment (AD&D) insurance, long-term disability, health savings accounts, and flexible spending accounts. Services also include statistical analysis, policy analysis, program coordination, administrative support, and assistance with RFP processes and contract negotiations with insurance vendors.

The pricing template requires vendors to select one of three fee structures: a flat retainer/fixed fee model, a per-employee per-month (PEPM) model calculated at $3,600 annually per baseline of 300 employees, or a percentage of annual premium model based on the baseline annual medical premium spend of $1,200,000. All pricing information must be entered exclusively in the pricing template with no financial details permitted in narrative proposal documents to ensure blind evaluation integrity. The template automatically calculates total estimated annual costs using the selected fee type and baseline multiplier, with results feeding into Bonfire's automated relative pricing scoring formula. Proposals with pricing exceeding 200 percent of the lowest proposed price will receive no points. Vendors may only state qualitatively in their technical proposals whether they accept carrier commissions and whether accepted commissions are credited back to the client.