RFP PUR007-24 Pharmacy Benefit Management Program Commercial and EGWP

The state of Maryland, through the Prince George's County Public Schools (PGCPS) Office of Purchasing and Supply, has issued Request for Proposal (RFP) PUR-007-24 for a Pharmacy Benefit Management (PBM) Program, including both commercial and Employer Group Waiver Plan (EGWP) services. The RFP seeks proposals from qualified vendors to provide self-funded pharmacy benefit management and related administrative services for the school district's approximately 20,000 subscribers and 36,500 members, with an annual plan spend of $244 million. Key objectives include minimizing formulary disruption, ensuring robust reporting capabilities, and providing strong member services and performance guarantees. The initial contract term is 5 years, with two optional 1-year renewal periods. A pre-proposal conference is scheduled for January 9, 2024, and proposals are due by February 5, 2024.

The RFP includes a 15% Minority Business Enterprise (MBE) participation goal. The current incumbent is not identified, and no details on existing contracts or technology infrastructure are provided. The RFP does not specify award values or budget ranges, but it indicates that pricing terms, set-asides, funding sources, and other financial details were evaluated as part of the procurement process. The contract will be awarded to the respondent that represents the best combination of attributes, as determined by the evaluation criteria outlined in the RFP.