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  5. ›WKU-10358 Workers Compensation

Western Kentucky University·Kentucky

WKU-10358 Workers Compensation

Closes 4/11/2023$500k – $2MRequest for Proposal
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Description

Western Kentucky University is seeking a qualified vendor to provide comprehensive Workers’ Compensation Third‑Party Administration (TPA) and Managed‑Care Services for its employee population. The contractor will be responsible for claims adjusting, case coordination, sub‑rogation, medical management, data reporting, and loss‑control consulting under a three‑year contract with optional one‑year extensions. The scope includes real‑time claim data access, mandated reporting frequencies, and compliance with Kentucky workers’ compensation regulations. • Claims adjusting services: intake, eligibility determination, reserve setting, settlement coordination, and payments. • Case management for high‑severity or prolonged claims, including medical utilization review, provider network access, and nurse case‑management. • Regular reporting (weekly, monthly, quarterly, annual) covering claim status, high‑value reserves, OSHA logs, and financial metrics. • Mandatory insurance and bonding coverage, data security compliance, and the ability to pursue sub‑rogation recoveries. • Initial three‑year term (July 1 2023 – June 30 2026) with up to five optional one‑year renewals; termination possible with 30‑day notice.

Attached files

Contact

Brittney Green(Purchasing Agent)

(270) 745-4252

Key dates

Opened
3/3/2023
Questions due
3/21/2023
Closes
4/11/2023
Projected award
5/1/2023
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524298
Solicitation №
WKU-10358

Budget estimate

$500,000 – $2,000,000

The solicitation does not disclose a total contract value. Based on typical university workers‑comp TPA contracts for institutions of similar size (approximately 10,000 employees), annual fees often range from $500 K to $1.5 M, with additional cost‑recovery mechanisms. Assuming a three‑year base term, the total award could be estimated between $1.5 M and $4.5 M, plus any performance‑based adjustments or “at‑risk” fees.

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