T2679 Bid Amendment 3 12.11.25 - Revised Bid Opening Date to 1.15.26.docx

This is a bid amendment issued by the New Jersey Department of the Treasury, Division of Purchase and Property, regarding Bid Solicitation #25DPP01133 for T2679 Employee Benefits: Pharmacy Benefits Management services. The solicitation seeks a Pharmacy Benefits Manager to administer prescription drug benefits for approximately 800,000 participants across the State Health Benefits Program (SHBP) and School Employees' Health Benefits Program (SEHBP), covering active employees, retirees, and dependents. The services include integrated retail, mail order, and specialty drug management with comprehensive clinical programs and member services. Bid Amendment #3, issued December 11, 2025, revises the quote submission due date from December 17, 2025, to January 15, 2026, at 2:00 p.m. Eastern Time. An additional bid amendment addressing responses to electronic bidder questions will be posted at a later date. The contract will have a base term of four years with potential extensions up to two additional years.

The procurement utilizes a reverse auction pricing model with evaluation criteria focused on pass-through pricing, clinical programs, and financial guarantees. Vendors must provide 100% pass-through of direct and indirect remuneration and rebates, along with guaranteed pricing for ingredient costs, dispensing fees, and specialty drug pricing. The solicitation encourages participation from small, woman-owned, minority-owned, veteran-owned, and disabled veteran-owned businesses. Bidders are required to submit comprehensive documentation through NJSTART, including ownership disclosures, investment activity reports, compliance certifications covering anti-discrimination policies, cybersecurity protocols, geopolitical activity restrictions, and completion of a Third-Party Information Security Questionnaire. All bidders are responsible for maintaining knowledge of all bid amendments, additions, deletions, clarifications, and modifications to the solicitation and standard terms and conditions.