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Massachusetts Port Authority - Goods & Services·Massachusetts

Benefit Broker Services

Closes 7/20/2026$300k – $800kRequest for QualificationLogin required
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Description

The Massachusetts Port Authority (Massport) is seeking an independent benefits broker to manage and renew its employee and retiree benefit programs for approximately 1,347 active employees and 1,068 retirees. The broker will act independently of any insurance carrier and will be responsible for comprehensive advisory, design, negotiation, communication, and compliance services across a wide range of benefit categories, including health, dental, vision, life, disability, wellness, and ACA‑related programs. The engagement is a three‑year fixed‑term contract with two optional one‑year extensions, beginning September 1 2026. • Conduct annual renewal and competitive bidding for all benefit plans, obtaining quotes and negotiating terms with carriers (e.g., Blue Cross Blue Shield of Massachusetts, Group Insurance Commission). • Provide strategic benefit‑program design, cost‑management analysis, regulatory compliance advice (COBRA, ACA, PFML, Medicare), and employee communication materials for open‑enrollment. • Deliver regular reporting, benchmarking against peer quasi‑public entities, and support for wellness and voluntary benefit initiatives; maintain independence from insurers and meet extensive insurance, indemnity, and data‑privacy requirements.

Attached files

Contact

Lynn Hagan(Senior Benefits Specialist)

Key dates

Opened
7/1/2026
Questions due
7/9/2026
Closes
7/20/2026
Projected award
9/1/2026
Duration
3 years

Last updated

Details

Type
Request for Qualification
Industry
Consulting Services
NAICS
541611
Solicitation №
062026-BBS

Budget estimate

$300,000 – $800,000

No fixed budget is disclosed. Typical benefits‑broker commissions range from 2‑5 % of total premium spend. Assuming an aggregate premium of roughly $5‑10 million per year for Massport’s employee and retiree base, annual broker compensation would likely fall between $100,000 and $250,000. Over the base three‑year term, estimated total earnings range from $300,000 to $750,000, with potential additional revenue if optional extensions are exercised.

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