Insurance Agent/Broker Services - Group Employee Voluntary Benefit Program

Awarded State & local contract opportunity

Solicitation number
17180084P-TG
State
Florida
Responses due

Opportunity facts

Jurisdiction
UNSPSC codes
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Points of contact

Updated .

About this opportunity

The School Board of Seminole County (SBSC) issued Request for Proposal #17180084P-TG seeking a licensed insurance agent/broker to provide comprehensive Group Employee Voluntary Benefit Program services. The procurement aims to secure a vendor to manage eleven distinct voluntary benefit plans, including dental insurance through Sun Life Financial, vision coverage by United Healthcare, cancer security and accident protection from Colonial Life, hospital indemnity protection, short and long-term disability through Cigna, long-term care via Unum, flexible spending accounts managed by MyCafeteria Plan, and COBRA administration by Discovery Benefits. The solicitation required vendors to demonstrate capability in innovative plan design, funding alternatives, and effective healthcare choices, with a mandatory requirement of being licensed to do business in Florida. The RFP was posted on March 12, 2018, with proposals due on April 10, 2018 at 3:00 PM, and included a voluntary pre-proposal conference on March 15, 2018. Evaluation criteria appeared to focus on the vendor's ability to support existing voluntary products effective July 1, 2018, with oral presentations/interviews scheduled for April 27, 2018, and anticipated board contract approval on June 5, 2018.

The contract opportunity did not specify specific set-aside designations or restrictions on respondent types, but required vendors to have a local office and provide two dedicated employee points of contact. The solicitation indicated approximately 10,000 employees and over 67,000 students across 78 schools and facilities would be served by this contract. The current commission structure for 2017 showed approximately $516,000 in total commissions across various insurance products, with additional out-of-pocket expenses around $187,500 for services like COBRA administration and flexible spending account management. The contract term was specified as three years with potential for a two-year renewal, and all voluntary products would be solely employee-paid with no cost to the school district. The submittal list revealed five potential vendors: US Employee Benefits, Aon Consulting, Winston Financial Services, Hylant, and Public Risk Insurance Agency. Ultimately, Hylant Public Risk Insurance Agency was identified as the finalist and recommended for award to the School Board on May 15, 2018.

Opportunity text

The School Board of Seminole County (SBSC) seeks an insurance agent/broker to provide innovative plan design, funding alternatives and effective health care choices for the SBSC's voluntary benefit plans. Insurance agents and brokers licensed to do business in the State of Florida are invited to submit proposals to provide services for the following: 1. Dental - Sun Life Financial Dental "DM225" and two (2) "Freedom Preferred" Plans 2. Vision - United Healthcare 3. Cancer Security - Colonial Life 4. Accident - Colonial Life 5. Hospital Indemnity Protection - Colonial Life 6. Short Term Disability - Cigna 7. Long Term Disability - Cigna 8. Long Term Care - Unum 9. Flexible Spending Accounts/ Medical & Dependent Day Care - MyCafeteria Plan 10. COBRA-Discovery Benefits, Inc. 11. Additional optional Voluntary Benefits Plans may be added during the term of this contract.

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