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  5. ›Workers Compensation Claims Third Party Administrator (TPA)

Nevada Department of Business and Industry·Nevada

Workers Compensation Claims Third Party Administrator (TPA)

Closes 9/16/2025$500k – $2MRequest for Proposal
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Description

The Department of Business and Industry, Division of Insurance, is soliciting bids from qualified and licensed workers compensation third-party administrators for claims administration services for the Insolvency Fund for Self-Insured Employers and the Insolvency Fund for Self-Insured Associations. The successful bidder will be responsible for providing claims administration services, including but not limited to, receiving and processing claims, conducting investigations, and making determinations on claim eligibility. The contract is expected to start on January 1, 2026, and end on December 31, 2029. • The bidder must be a licensed workers compensation third-party administrator in the state of Nevada. • The bidder must have experience in providing claims administration services for self-insured employers and associations. • The bidder must have a proven track record of providing high-quality claims administration services. • The bidder must be able to demonstrate their ability to meet the requirements of the solicitation. • The bidder must be able to provide a detailed proposal outlining their approach to providing claims administration services, including their experience, qualifications, and pricing.

Attached files

Contact

Joel Wixon(Purchasing Officer II)

[email protected]

(775) 531-3313

Key dates

Opened
8/26/2025
Questions due
8/26/2025
Closes
9/16/2025
Duration
48 months

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524292
Solicitation №
74BAI-S3432

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is estimated to be in the range of $500,000 to $2 million per year, based on the scope of work and the requirements of the solicitation. The budget will depend on the number of claims administered, the complexity of the claims, and the level of service required. The successful bidder will need to provide a detailed proposal outlining their pricing and approach to providing claims administration services. The factors that may influence the likely payment range include the experience and qualifications of the bidder, the level of competition, and the requirements of the solicitation. The bidder will need to demonstrate their ability to provide high-quality claims administration services at a competitive price.

AI estimate from the solicitation

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