120005 O5 Cost Proposal Final.docx
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- Attached to
- Consulting and Actuarial Services
- Solicitation number
- 120005 O5
- Issued by
- Lancaster County, Nebraska
About this file
This is a Cost Proposal form for RFP Number 120005 O5 issued by the State of Nebraska for Consulting and Actuarial Services. The contract term is for two years with three optional one-year renewal periods upon mutual agreement of the parties. The services requested include consulting and actuarial services, with additional Health Plan RFP consulting fees for specific milestones including RFP posting, Intent to Award posting, vendor start date, and implementation claims audit.
Pricing must remain fixed for the initial two-year period, with subsequent price increase requests limited to 4% per period and requiring submission 120 days prior to the contract period end. The pricing structure includes an annual rate paid in 12 equal installments, covering all expenses including travel to Lincoln, NE. The proposal requires hourly rates for additional staff positions including Account Executive Manager, Actuary, Underwriter, Subject Matter Experts (Executive/Manager and Staff Consultant), and Office Staff for potential special consulting projects. All costs must be F.O.B. destination with no additional charges for packing, packages, or partial delivery costs.
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Text version
Cost Proposal Request for Proposal Number 120005 O5
Bidder: _____________________________________________________ The term of the contract will be two (2) years commencing upon execution of the contract by the State and the Vendor (Parties). The Contract includes the option to renew for three (3) additional one (1) year periods upon mutual agreement of the Parties.
Prices quoted shall be net, including transportation and delivery charges fully prepaid by the bidder, F.O.B. destination named in the Solicitation. No additional charges will be allowed for packing, packages, or partial delivery costs. When an arithmetic error has been made in the extended total, the unit price will govern.
Prices submitted on the cost sheet, once accepted by the State, shall remain fixed for the first two (2) years of the contract. Any request for a price increase subsequent to the initial two (2) years of the contract shall not exceed four percent (4 %) of the price proposed for the period. Increases shall not be cumulative and will only apply to that period of the contract. The request for a price increase must be submitted in writing to the State Purchasing Bureau a minimum of 120 days prior to the end of the current contract period. Documentation may be required by the State to support the price increase.
The State reserves the right to deny any requested price increase. No price increases are to be billed to any State Agencies prior to written amendment of the contract by the parties.
The State will be given full proportionate benefit of any decreases for the term of the contract.
Pricing to include all expenses including all travel expenses to Lincoln, NE.
The Annual rate will be paid by the State in 12 equal installments to the contractor.
CONSULTING and ACTUARY SERVICES
| Initial Period Year One |
| Initial Period Year Two |
| Optional Renewal One |
| Optional Renewal Two |
| Optional Renewal Three |
| Annual Rate |
| $ |
| $ |
| $ |
| $ |
| $ |
HEALTH PLAN RFP CONSULTING FEES
When the State issues the RFP for the health insurance plan, additional resources and time will be expected from the vendor. To compensate for this additional time and resources, provide a lump sum cost per milestone. Implementation Claims Audit will be conducted 30 – 60 days prior to implementation and payment will be made upon completion and approval of the audit by the State.
| Milestone |
| Posting of the RFP |
| Posting of the Intent to Award |
| Vendor Start Date |
| Implementation Claims Audit |
| Lump sum |
| $ |
| $ |
| $ |
| $ |
Optional Costs:
There may arise from time to time a need for work not originally specifically delineated in this RFP but considered within the scope of work. This additional work may stem from legislative mandates, emerging trends, and regulatory changes unknown at the time of the RFP.
The State may request the vendor, subject to mutual agreement by both parties, to engage in short onetime special consulting projects, related to State benefit plans.
The bidder should provide the hourly rate for each Staff position used to complete onetime special consulting projects in the following table. Please identify any additional Staff titles and their appropriate rates, which bidder believes may be used to complete said projects.
All special consulting project costs must be based upon the hourly rates provided below.
Fixed Hourly Rate
| Account Executive Manager (AEM) |
| $ |
| Actuary |
| $ |
| Underwriter |
| $ |
| Subject Matter Expert – Executive/Manager |
| $ |
| Subject Matter Expert – Staff Consultant |
| $ |
| Office Staff |
| $ |
File details come from the government source that posted it. Updated .