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  5. ›Benefits Broker and Consulting Services

Belvidere Community Unit School District 100·Illinois

Benefits Broker and Consulting Services

Closes 4/10/2026$250k – $600kRequest for Proposal
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Description

The Board of Education of Belvidere Community Unit School District 100 seeks a single, comprehensive employee‑benefits broker and consulting firm to manage, advise on, and negotiate all employee‑benefit programs for a three‑year term. The vendor will serve as the District’s point‑of‑contact for benefit design, cost‑containment, regulatory compliance, renewal negotiations, claims analysis, and employee communications across health, dental, vision, life, and AD&D plans. All proposals must be submitted via the Secure Bids portal by the deadline, and the District will evaluate based on scope fit, qualifications, and total cost. • Provide advisory services on benefit design, funding, cost‑benefit analysis, and regulatory updates (ACA, COBRA, HIPAA, etc.). • Conduct negotiations, obtain quotes, and manage renewals for health, dental, vision, life, and AD&D carriers; assist employees with enrollment, claims, and eligibility issues. • Deliver quarterly and annual performance reports, funding projections, and support participation in District insurance committee meetings; maintain data security and assist with transition if the contract ends.

Attached files

Contact

Kelsey Mark(Finance Manager)

[email protected]

(815) 544-8616

Key dates

Opened
3/24/2026
Questions due
3/30/2026
Closes
4/10/2026
Projected award
5/18/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
524210
Solicitation №
2026-06

Budget estimate

$250,000 – $600,000

No explicit budget is disclosed. For a district of roughly 1,500 staff (≈1,136 benefit‑eligible) and typical employee‑benefits premiums (~$6,000 per employee per year for health, plus dental/vision/life), total annual premium exposure is around $8‑9 million. Broker‑fees typically range from 0.5 % to 2 % of total premium plus a flat consulting component. Assuming a mid‑range 1 % fee (~$80‑90 k per year) plus a consulting retainer of $50‑70 k annually, the three‑year contract value would likely fall between $250,000 and $600,000, depending on fee structure, commission transparency, and performance guarantees.

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