Notice of Cancellation RFP#2025-0200-0177-02-101-25 Pharmacy Benefit Manager (PBM) Services.pdf
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- Solicitation number
- 2025-0200-0177 / 02-101-25
- Issued by
- Alaska
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This is a Notice of Cancellation issued by the State of Alaska, Department of Administration, Division of Retirement and Benefits, dated August 14, 2026, for RFP# 2025-0200-0177-02-101-25 for Pharmacy Benefit Manager (PBM) Services. The original solicitation sought proposals from qualified firms to provide comprehensive PBM services to the State of Alaska's AlaskaCare health plans, covering three distinct plan types: an active employee plan, a non-EGWP retiree plan, and an EGWP with Wrap Plan. The contract was scheduled for a three-year term from January 1, 2027, through December 31, 2029, with eight potential one-year renewal options and a six-month implementation period. The original proposal deadline was December 15, 2025, at 11:00 AM Alaska Time, with the last day for question submittal on November 10, 2025.
The State of Alaska has cancelled the RFP and rejected all proposals based on criteria outlined in State Procurement Regulations, Title 2 AAC 12.860, citing ambiguous or inadequate specifications, failure to provide consideration of all factors of significance to the state, pricing that exceeds available funding, and a determination that award would not be in the best interest of the state. The estimated budget for this contract ranged from $65 million to $85 million, with proposals exceeding $100 million considered non-responsive. The incumbent contractor is Optum Rx, with the existing contract in place since January 1, 2019, serving approximately 86,900 members with annual prescription volumes exceeding 1.6 million claims and total drug costs around $992 million. The Department of Administration plans to re-solicit for these services after modification of the solicitation document. Bidders or offerors wishing to protest this cancellation must file the protest within ten calendar days of the notice date.
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Text version
STATE OF ALASKA
Department of Administration Division of Retirement and Benefits
NOTICE OF CANCELLATION
THIS IS NOT AN ORDER
DATE ISSUED: August 14, 2026
RFP NUMBER: 2025-0200-0177 02-101-25
RFP SUBJECT: Pharmacy Benefit Manager (PBM) Services
Chief Procurement Officer: Tom Mayer SIGNATURE:
This is notice of the state's cancellation of the solicitation identified above. A bidder or offeror who wishes to protest this cancellation must file the protest within ten calendar days following the date this notice is issued. If the tenth day falls on a weekend of holiday, the last day of the protest period is the first working day following the tenth day.
EXPLANATION
The Department of Administration, Office of Procurement and Property Management is cancelling RFP# 2025- 0200-0177-02-101-25 Pharmacy Benefit Manager (PBM) Services and rejecting all proposals. This decision is based on the following criteria contained in State Procurement Regulations, Title 2 AAC 12.860:
(2) ambiguous or otherwise inadequate specifications were part of the solicitation;
(3) the solicitation did not provide for consideration of all factors of significance to the state;
(4) prices exceed available money and it would not be appropriate to adjust quantities to accommodate available money; and
(7) the award is not in the best interest of the state.
The State of Alaska, Office of Procurement and Property Management, on behalf of the Division of Retirement and Benefits plans to re-solicit for these services after modification of the solicitation document.
8/14/26
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