RFP #24-327 Flexible Spending Account Administration and Tuition Reimbursement Services

The state of Maryland is seeking proposals for a Flexible Spending Account Administration and Tuition Reimbursement Services contract through RFP #24-327. The procurement is open to qualified vendors to provide comprehensive flexible spending account (FSA) administration services, including the processing of FSA claims, issuing reimbursements, and providing participant support. Additionally, the selected contractor will administer the state's tuition reimbursement program, managing the application and approval process for eligible employees. Vendors must demonstrate expertise in FSA and tuition reimbursement program management, as well as the ability to develop user-friendly online portals and deliver detailed financial reporting. Proposals are due by May 9, 2024, and the state will evaluate submissions based on the vendor's technical approach, experience, and cost-effectiveness.

The RFP does not mention any set-aside requirements or restrictions on the types of organizations that can respond. The state has not provided information on any incumbent vendors or current contractors for these services. While the RFP does not specify a budget range, vendors should be prepared to provide competitive pricing for the full scope of FSA administration and tuition reimbursement services required by the state of Maryland.