Medical, Pharmacy, Stop Loss and Vision Insurance Services RFP 10-FY2024

Paragraph 1:

Franklin County, Virginia is issuing a Request for Proposal (RFP) for Medical, Pharmacy, Stop Loss, and Vision Insurance Services. The contract will have an initial one-year term with up to four optional one-year renewals. The RFP seeks proposals from qualified providers to offer these insurance services, including detailed specifications on the scope of work, deliverables, confidentiality and privacy requirements, and proposal submission guidelines. Offerors may submit proposals for individual services or multiple services, and proposals will be evaluated based on criteria such as experience/qualifications, key staff qualifications, response to scope of work, proposed cost, experience with similar projects, and location of the firm. Pricing must be provided in a traditional model with an administrative fee as the only source of revenue. Proposals are due by December 29, 2023, and the anticipated contract award date is March 11, 2024.

Paragraph 2:

The RFP does not mention any set-aside designations or restrictions on the types of organizations that can respond. The current incumbent provider is not identified. Funding for the contract will come from Franklin County's general operating budget, though the exact budget amount is not disclosed. Offerors must provide performance guarantees and financial allowances as part of their proposal.