Financial Analysis and Financial Data Management and Modeling Services
Closed State & local contract opportunity Posted
- Solicitation number
- HHS0014624
- State
- Texas
- Responses due
Opportunity facts
- NIGP codes
- 92021 Data Entry Services
- 94612 Actuarial Services
- 94629 Cash Management Services (Incl. Budgeting Services)
- 94648 Financial Advisor
- 94677 Statistical Services
- 95277 Research And Evaluation, Human Services (Including Productivity Audits)
- 95856 Health Care Management Services (Including Managed Care Services)
- UNSPSC codes
- 80161503 Keyboard entry services
- 81112003 Data center services
- 84131701 Employer administered pension funds
- 84131702 Union or guild administered pension funds
- 84131801 Self directed or employer sponsored retirement funds
- 84131802 Self directed or self initiated retirement plans
- 81121600 Monetary systems and issues
- 84101500 Development assistance
- 84101600 Aid financing
- 84101700 Debt management
Show all 27
- 93151602 Government budgeting services
- 93151604 Military expenditures budgeting services
- 93151601 Program budgeting services
- 93151603 Budget or public investment management
- 84101501 Financial assistance
- 84101502 Savings mobilization programs
- 84101503 Guarantee agreements
- 60104502 Consumer analysis kits
- 81131501 Factor analysis
- 81131502 Multivariate analysis
- 81131503 Regression analysis
- 81131504 Sampling surveys
- 81131505 Time series analysis
- 93111607 Election analysis services
- 94132000 Human rights advocacy and defense associations
- 94132003 Physical or mental torture defense associations
- 94132004 Freedom of speech defense associations
Opportunity details come from txsmartbuy.com. Updated .
About this opportunity
The Texas Health and Human Services Commission (HHSC) has issued a Request for Proposals (RFP) to procure financial analysis, data management, and modeling services to support the Texas Medicaid program. The selected contractor must have demonstrated expertise in the Texas Medicaid program, managed care delivery systems, and HHSC supplemental payment program funding methodologies. The contractor will be required to provide actuarial expertise, financial analysis, data management and modeling support, and other related services. The initial contract term is 3 years, with two 1-year optional renewal periods. Responses to this RFP are due by November 18, 2024, and a mandatory bidder's conference was held on October 20, 2024.
The RFP does not indicate any set-aside designations or restrictions on the types of organizations that can respond. The current incumbent vendors are not specified in the provided documentation. The total compensation for this contract shall not exceed $6 million, with the possibility of increasing should additional state or federal funding become available. The historical compensation under similar contracts has been approximately $1.2 million per State Fiscal Year. This contract will be funded through the Texas Medicaid program, which includes both state and federal sources allocated to the Texas HHSC.
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