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  1. Bid Banana
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  5. ›Benefit Broker Services

New Hampshire Community College System·New Hampshire

Benefit Broker Services

Rolling / TBD close$180k – $210kRequest for Proposal
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Description

The Community College System of New Hampshire is seeking a qualified vendor to provide comprehensive benefit brokerage services—including health, dental, vision, and life/AD&D insurance administration—as well as Affordable Care Act (ACA) reporting for its employees. The incumbent broker currently receives commissions from carriers and handles ACA reporting; the agency intends to continue the 403(b) plan with Fidelity and may consider advisory proposals from firms that already have a relationship with Fidelity. • Scope covers negotiation, enrollment, and ongoing liaison with medical, dental, vision, and life insurers (Anthem NH, Delta Dental, The Hartford). • Includes ACA reporting responsibilities (example cost $9,903.52 for FY 2025). • Annual spend is roughly $190 k based on 2025 commission and reporting figures; bidders must acknowledge receipt of this addendum.

Attached files

Key dates

Opened
5/20/2026
Closes
Rolling / TBD
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
SYS‑26‑04

Budget estimate

$180,000 – $210,000

The addendum provides 2025 commission and ACA reporting totals of approximately $192,406. Assuming a similar scope for the upcoming year, the contract value is likely to range between $180,000 and $210,000. This estimate accounts for potential modest adjustments in commission rates, inflationary cost increases, and possible additional advisory services for the 403(b) plan if a bidder proposes a Fidelity‑related component.

AI estimate from the solicitation

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