B-30088 NOA Flexible Spending.pdf
PDF 606 KB Posted
- Attached to
- Flexible Spending Administration Services
- Solicitation number
- 23-416CMS-BENF4-B-30088
- Issued by
- Illinois
About this file
This document is a Notice of Award from the State of Illinois, Central Management Services for a contract to provide Flexible Spending Administration Services, Bid Number 23-416CMS-BENF4-B-30088. The contract was awarded to Optum Financial, Inc. for a 60-month initial term, with five 12-month renewal options, for a total potential contract value of $4,074,624. There were two unsuccessful bidders. The contract is for the administration of the State's Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA).
The contract was awarded to the lowest responsive and responsible bidder. The award decision was based on the factors set forth in the Invitation for Bid. The contract does not include any farm leases or concessions, and there is no estimated financial return to the State or gross revenue to the vendor. The Utilization Plan includes a 2% goal for Business Enterprise Program (BEP) participation, but no Veterans Business Program (VBP) participation.
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Other files
| File | Type | Posted |
|---|---|---|
| Addendum 2.docx | DOCX document | |
| Addendum1~1.docx | DOCX document | |
| Forms A Section V.23.1~3.docx | DOCX document | |
| Attachment - Notice of Electronic Submission Only v.22.1~16.pdf | ||
| Flex and HSA RFP Final.docx | DOCX document | |
| Forms B Section V.20.1~99.docx | DOCX document | |
| Vendor Instruction for RFPs v22.2~1.docx | DOCX document | |
| Utilization Plan Version 21.0~21.pdf |
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Text version
Notice of Award Form
State of Illinois Chief Procurement Office Notice of Award V.22.2
Agency and Awarded Vendor Information Description: Flexible Spending Administration Services
Bid Number: 23-416CMS-BENF4-B-30088 Agency: Central Management Services
Vendor Selected for Award: Optum Financial, Inc.
Line Item Description: The Department of Central Management Services is seeking to contract with vendor to assist with the administration of the State’s Flexible Spending Accounts (FSA) and Health Savings Account (HSA).
Total Award Amount $4,074,624.00 Number of unsuccessful bidders/offerors 2
Terms (Add Renewal Terms as appropriate) Length Value
Initial Term 60 months $2,037,312.00
Renewal 1 12 months $407,462.40
Renewal 2 12 months $407,462.40
Renewal 3 12 months $407,462.40
Renewal 4 12 months $407,462.40
Renewal 5 12 months $407,462.40
Add Renewal Term 1,2,3 Delete Renewal Term
Farm Leases and Concessions
Value to the State: N/A
Estimated Financial Return to the State for the Life of the Contract (Includes Renewals)
Value to the Vendor: N/A
Estimated Gross Revenue to the Vendor for the Life of the Contract (Includes Renewals)
Business Enterprise Program/Veterans Business Program
Awarded bidder/offeror BEP/VBP Utilization Plan Goals 30 ILCS 575/7 (6)
% of VBP Per Utilization Plan: 0 % of BEP Per Utilization Plan: 2
Notice of Award V.22.2
List each bidder or offeror's name
Total bid amount
The name(s) of the certified BEP firm(s) identified in the bidder's or offeror's submitted utilization plan
The bid's Amount awarded to certified BEP firms identified in the utilization plan
The Percentage of the bid's amount awarded to certified
BEP firms identified in the utilization plan
Optum Financial, Inc. $4,074,624.00 $0 0
Health Equity, Inc. $4,051,987.20 $0 0
PayFlex Systems USA, Inc. $5,659,200.00 $0 0
*NA indicates that the offeror's pricing remained sealed.
Add Row Delete Row
Agency Contact Contact Name: Tom Sestak Telephone Number: 217-524-3508
Email Address: tom.j.sestak@illinois.gov Fax Number: 217-557-2080
Street Address: 801 S. 7th Street, 2FL City: Springfield
State: Illinois Zip Code: 62703
Notice of Award V.22.2
SPO Written Determination for Contract Award Decision
General - Applies to Split Awards, Award to Other than Lowest Responsible and Responsive Bidder. The Rationale described by the purchasing agency in the recommendation to award seems reasonable, and serves as the basis for the contract decision.
Invitation for Bid - The contract was procured through the Invitation for Bid Process, and the contract has been awarded to the lowest priced responsive and responsible bidder.
Request for Proposal - Based on factors set forth in the Request for Proposal, the contract has been awarded to the offeror whose proposal is most advantageous to the State.
Renewal - The contract is a renewal in accordance with the terms of the existing contract. The award decision is based on justification presented by the purchasing agency's justification.
Other:
Signature Field Date: Nov 16, 2022
State of Illinois Chief Procurement Office Notice of Award V.22.2 Page of Agency and Awarded Vendor Information Terms (Add Renewal Terms as appropriate) Length Value Initial Term Farm Leases and Concessions Estimated Financial Return to the State for the Life of the Contract (Includes Renewals) Estimated Gross Revenue to the Vendor for the Life of the Contract (Includes Renewals) Business Enterprise Program/Veterans Business Program Awarded bidder/offeror BEP/VBP Utilization Plan Goals 30 ILCS 575/7 (6) List each bidder or offeror's name Total bid amount The name(s) of the certified BEP firm(s) identified in the bidder's or offeror's submitted utilization plan The bid's Amount awarded to certified BEP firms identified in the utilization plan The Percentage of the bid's amount awarded to certified BEP firms identified in the utilization plan *NA indicates that the offeror's pricing remained sealed.
Agency Contact SPO Written Determination for Contract Award Decision 11.0.0.20130303.1.892433.887364
| CurrentPage: |
| PageCount: |
| DESCRIPTION: Flexible Spending Administration Services |
| BIDNUMBER: 23-416CMS-BENF4-B-30088 |
| AGENCY: Central Management Services |
| VENDORSELECTED: Optum Financial, Inc. |
| LINEITEMDESCRIPTION: The Department of Central Management Services is seeking to contract with vendor to assist with the administration of the State’s Flexible Spending Accounts (FSA) and Health Savings Account (HSA). |
| TotalAwardAmt: $4,074,624.00 |
| NoUnsuccessfulbidders: 2 |
| cell2: 60 months |
| cell2: 12 months |
| cell2: 12 months |
| cell2: 12 months |
| cell2: 12 months |
| cell2: 12 months |
| cell2: $4,074,624.00 |
| cell2: $4,051,987.20 |
| cell2: $5,659,200.00 |
| cell2: |
| cell3: $2,037,312.00 |
| cell3: $407,462.40 |
| cell3: $407,462.40 |
| cell3: $407,462.40 |
| cell3: $407,462.40 |
| cell3: $407,462.40 |
| cell1: Renewal 1 |
| cell1: Renewal 2 |
| cell1: Renewal 3 |
| cell1: Renewal 4 |
| cell1: Renewal 5 |
| cell1: Optum Financial, Inc. |
| cell1: Health Equity, Inc. |
| cell1: PayFlex Systems USA, Inc. |
| AddRenewalTerm123: |
| DeleteRenewalTerm: |
| VALUETOSTATE: N/A |
| VALUETOVENDOR: N/A |
| PERCENTVBPUPLAN: 0 |
| PERCENTBEPUPLAN: 2 |
| cell4: $0 |
| cell4: $0 |
| cell4: $0 |
| cell5: 0 |
| cell5: 0 |
| cell5: 0 |
| cell5: |
| Add: |
| Delete: |
| ContactName: Tom Sestak |
| Telephone: 217-524-3508 |
| email: tom.j.sestak@illinois.gov |
| fax: 217-557-2080 |
| Street: 801 S. 7th Street, 2FL |
| City: Springfield |
| State: Illinois |
| Zip: 62703 |
| CheckBox1: 0 |
| CheckBox2: 0 |
| CheckBox3: 1 |
| CheckBox4: 0 |
| Other: |
| SignatureField1: |
| DateField1: 2022-11-16 |
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