5-Attachment C - Pricing.docx

This is a pricing attachment for a Request for Proposal issued by the City of Detroit Office of Contracting and Procurement (OCP) on behalf of the Detroit Human Resources Department for Flexible Spending Account administration services. The RFP seeks qualified respondents to provide end-to-end administration for Health Care Flexible Spending Accounts (HC FSA), Dependent Care Flexible Spending Accounts (DC FSA), and Commuter Benefits programs, which include transit and parking benefit administration. The pricing document requires respondents to indicate the fees their organization will charge to perform these services, with specific rate requirements listed for each program type on a per-participant per-month basis.

Attachment C presents a pricing table structure requiring bidders to submit plan rates per participant per month for three service categories: Health Care FSA, Dependent Care FSA, and Commuter Benefit. The document was revised on August 22, 2023, and allows for optional fees to be included in addition to the main pricing table. This pricing structure enables the City of Detroit to evaluate and compare the cost proposals from different respondents offering flexible spending account administration services.