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  5. ›RFP 26029 Fully Insured Voluntary Group Vision Coverage

City of Grand Prairie·Texas

RFP 26029 Fully Insured Voluntary Group Vision Coverage

Closes 2/13/2026$190k – $380kRequest for Proposal
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Description

The City of Grand Prairie is seeking a fully‑insured, employee‑paid vision insurance “buy‑up” plan to replace its existing voluntary vision coverage. The contract will cover approximately 1,500 active employees and 210 retirees under age 65, with dependents eligible up to age 26. The vendor must provide complete plan administration, claims processing, member services, and reporting for a five‑year term beginning 1 January 2027, with a preference for multi‑year rate guarantees and the ability to extend the same terms to other governmental entities. No city contribution to premiums; all costs are borne by participants. The solicitation requires extensive documentation, including insurance certificates, conflict‑of‑interest forms, and a detailed questionnaire, and allows electronic or hard‑copy submission. • Provide fully insured voluntary group vision coverage (exam + materials) for ~1,710 participants. • Deliver enrollment, claim adjudication, member communication, and reporting services for a 5‑year contract. • Must meet A‑M Best rating A‑ or better, supply required bonds/insurance, and agree to 30‑day city cancellation and 120‑day vendor cancellation terms. • Evaluation weighted heavily on cost, customer service, claims processing, health‑management programs, and past performance.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Diana Gutierrez(Senior Buyer)

[email protected]

(972) 237-8269

Key dates

Opened
1/26/2026
Questions due
2/2/2026
Pre-bid meeting
2/13/2026
Closes
2/13/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524113
Solicitation №
RFP#26029

Budget estimate

$190,000 – $380,000

The contract will serve roughly 1,710 participants paying an average annual premium of about $150 (based on the disclosed employee contribution tiers). That yields ≈ $256,500 in annual premium revenue, or about $1.28 million over the 5‑year term. Assuming a typical carrier profit margin of 15‑30 %, the vendor’s net earnings could range from $190,000 to $380,000 for the full contract, or roughly $38,000–$76,000 per year.

AI estimate from the solicitation

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