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Nevada Department of Business and Industry·Nevada

Workers Compensation Uninsured Claims Administration

Closes 10/17/2024$5M – $20MRequest for Proposal
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Description

The State of Nevada is seeking proposals from qualified third-party workers' compensation claim administrators (TPAs) for claims administration services for the Uninsured Employers' Claim Account (UECA) workers' compensation claims in Nevada. The selected vendor will be responsible for investigating, administering, and managing all UECA workers' compensation claims. The contract will be for an initial term of four years, with an estimated start date of January 14, 2025, and an end date of December 31, 2028. • The vendor must be a qualified workers' compensation third-party claims administration company (TPA) licensed by the Nevada Division of Insurance. • The vendor must have experience in administering Nevada workers' compensation claims. • The vendor must have a dedicated adjuster licensed by the Nevada Division of Insurance. • The vendor must have a claims management information system. • The vendor must have a plan for claims investigation and cost containment. • The vendor must have a plan for communication and customer service. • The vendor must have a plan for maintaining claim file records and storing them in an electronic format.

Attached files

Contact

Joel Wixon(Purchasing Officer II)

[email protected]

(775) 531-3313

Key dates

Opened
9/5/2024
Questions due
9/26/2024
Closes
10/17/2024
Duration
4 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524292
Solicitation №
74BAI-S2953

Budget estimate

$5,000,000 – $20,000,000

The estimated budget for this opportunity is difficult to determine, as the contract will be awarded based on a combination of technical and cost factors. However, based on the scope of work and the estimated contract term of four years, a rough estimate of the total contract value could be in the range of $5 million to $20 million. This estimate is based on the assumption that the vendor will be responsible for administering a large number of workers' compensation claims, and that the cost of administration will be a significant factor in the evaluation of proposals.

AI estimate from the solicitation

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