Description
The State of Colorado is seeking actuarial support for the Affordable Care Act. The selected contractor will be required to provide services as described in the Statement of Work, which is included as Exhibit A to the contract. The contract will have an initial term, with the possibility of extension terms, and the total duration of the contract will not exceed five years. The contractor will be required to maintain confidentiality of all State Records, including personally identifiable information, protected health information, and other sensitive information. The contractor will also be required to comply with all applicable laws and regulations, including the Health Insurance Portability and Accountability Act (HIPAA).
• The contract includes provisions for payments, invoicing, and dispute resolution.
• The contractor will be required to provide quarterly reports and to notify the State of any litigation or administrative proceedings related to the contract.
• The contract includes provisions for termination, including termination for breach or convenience.
• The contractor will be required to maintain insurance, including workers' compensation, general liability, and professional liability insurance.
• The contract includes provisions for conflicts of interest, disclosure, and certification.