Specifications for Health Insurance Consulting Services

Closed State & local contract opportunity

Solicitation number
23-25
State
Florida
Responses due

Opportunity facts

UNSPSC codes
Show all 47
Point of contact

Updated .

About this opportunity

Keys Energy Services (KEYS), a municipal electric utility located in the Florida Keys, is seeking a comprehensive health insurance consulting services firm through Bid 23-25. The procurement aims to secure a qualified consultant to assist with evaluating, designing, procuring, and administering employee and retiree health insurance benefits. The contract will span an initial three-year term from April 1, 2026 to March 31, 2029, with potential renewals for two additional one-year periods. Proposals are due electronically by 10:00 a.m. on October 24, 2025, with a simultaneous virtual bid opening. Key deliverables include conducting comprehensive health insurance plan assessments, benchmarking against market trends, developing plan design recommendations, supporting RFP development for insurance carriers, analyzing vendor proposals, and ensuring regulatory compliance. Evaluation criteria will focus on proposal completeness, relevant experience, proposed methodology, demonstrated success, cost structure, and professional references. The consulting firm will be expected to provide independent, data-driven advice with the primary objectives of reducing health insurance spending, maintaining legal compliance, increasing vendor selection transparency, and improving overall employee satisfaction.

While no specific set-aside designations or enterprise restrictions are explicitly mentioned in the documentation, KEYS indicates a preference for a fixed fee consulting arrangement, though hourly rates with a not-to-exceed cap will be considered. The solicitation does not provide a specific budget range or precise award value, but suggests the scope encompasses comprehensive health benefits consulting services for the utility's employee and retiree populations. No incumbent vendor information is disclosed, and no specific requirements for integration with existing technological infrastructure are outlined. Interested consulting firms will need to submit detailed proposals demonstrating their capabilities, proposed consulting team composition, service approach, and fee structure. The contract appears designed to be flexible, allowing for a consultative partnership that can adapt to KEYS' evolving health insurance and benefits management needs over the potential five-year engagement period.

Opportunity text

Health Insurance Consulting Services

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