Bhdd - public employees fidelity bond

The South Carolina Department of Behavioral Health and Developmental Disabilities (SCBHDD), specifically the Office of Mental Health (OMH), is seeking a Public Employee Honesty Blanket Bond through an Invitation for Bid (IFB) for a three-year contract period from October 27, 2025, through October 26, 2028, with two potential renewal periods. The procurement is for a comprehensive fidelity bond covering approximately 3,900 OMH employees, with two distinct coverage components: a $75,000 per occurrence blanket bond with a $5,000 deductible for general employees, and a specific $1.5 million per occurrence bond for two key financial positions (Director of Reimbursement and Personal Funds Coordinator). The solicitation requires the bonding company to be A-rated or better with A.M. Best Company, licensed in South Carolina, and have an A.M. Best Company rating of VII or better. Bid offers are due by October 6, 2025, at 3:00 PM, with questions accepted until September 29, 2025, at 12:00 PM. The primary objective is to protect the department against potential losses from fraudulent or dishonest acts by employees, with the procurement to be awarded to the lowest responsible and responsive bidder.

The procurement does not explicitly mention specific set-aside designations or restrictions for disadvantaged enterprises. The bond will automatically cover new employees without additional applications, and the South Carolina Health and Human Services Finance Commission will be named as a co-payee. The contract includes provisions requiring state law approvals from the SC Department of Administration and the State Attorney General. While a specific budget range is not explicitly stated, the bond coverage amounts provide insight into the potential contract value, with $75,000 per occurrence for general employees and $1.5 million for specific financial positions. The solicitation suggests potential consideration of resident contractor preferences in the evaluation process. The bond will provide comprehensive protection for the department, ensuring financial security against potential employee misconduct across the three-year contract period, with options for two additional renewals.