T2679 Bid Amendment 5 01.28.26 - Revised Bid Opening Date to 02.11.26~1.docx

This is a Bid Amendment issued by the New Jersey Department of the Treasury, Division of Purchase and Property, Procurement Bureau for Bid Solicitation #25DPP01133 (T2679) regarding Employee Benefits Pharmacy Benefits Management services. The amendment extends the quote submission due date from February 5, 2026 to February 11, 2026 at 2:00 p.m. Eastern Time. The procurement seeks a Pharmacy Benefits Manager to administer prescription drug benefits for approximately 800,000 active employees, retirees, and dependents across the State Health Benefits Program (SHBP) and School Employees' Health Benefits Program (SEHBP). The contract will utilize a reverse auction pricing model and covers integrated retail, mail order, and specialty drug management services. The contract term includes a four-year base period with potential extensions up to two additional years.

The solicitation requires vendors to provide 100% pass-through of direct and indirect remuneration and rebates, with guaranteed pricing for ingredient costs, dispensing fees, and specialty drug pricing. Bidders must submit comprehensive documentation through NJSTART, including ownership disclosure, investment activity reports, compliance certifications, and completion of an extensive Third-Party Information Security Questionnaire. The state actively encourages participation from small, woman-owned, minority-owned, veteran-owned, and disabled veteran-owned businesses through inclusive procurement practices. A future Bid Amendment addressing responses to electronic bidder questions will be posted at a later date, and all bidders are responsible for remaining knowledgeable of all amendments and modifications to the solicitation.