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  5. ›PHARMACY BENEFIT SERVICES (PBS)

South Carolina Materials Mgmt Ofc·South Carolina

PHARMACY BENEFIT SERVICES (PBS)

Closes 9/15/2026$150M – $300MRequest for Proposal
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Description

The State of South Carolina seeks a vendor to design, implement, and operate a comprehensive Pharmacy Benefit Services (PBS) program for Medicaid beneficiaries. The award will be a fixed‑price, multi‑year contract that includes a one‑year implementation phase, two‑year operations & maintenance, and up to four optional one‑year renewals. The contractor must provide claims processing, prior‑authorization, drug utilization review, rebate management, help‑desk support, training, data conversion, and full compliance with HIPAA, CMS, and state security standards. Key deliverables include a functional PBS platform, integration with the State’s MMIS, ongoing support, and documentation for CMS certification. • Claims adjudication of ~140 k pharmacy claims per month and prior‑authorization for POS and PAD drugs. • Rebate processing, value‑based rebate capability, and comprehensive reporting to CMS and the State. • Full lifecycle services: system design, development, testing, deployment, training, help‑desk, and two‑year operations with optional renewals. • Mandatory insurance, security, and staffing requirements, including a South Carolina‑licensed Pharmacy Director and extensive key‑personnel roster.

Attached files

Contact

Jon Baysden(Procurement Officer)

[email protected]

(803) 896-5304

Key dates

Opened
6/23/2026
Questions due
7/17/2026
Pre-bid meeting
7/15/2026
Closes
9/15/2026
Projected award
1/5/2027
Duration
7 years

Last updated

Details

Type
Request for Proposal
Industry
Healthcare and Medical Services
NAICS
541512
Solicitation №
5400029905

Budget estimate

$150,000,000 – $300,000,000

The solicitation does not disclose a total contract value, but the scale of the work—processing over 140 k claims monthly, managing extensive rebate programs, and providing two‑year operations for a statewide Medicaid population—suggests a multi‑hundred‑million‑dollar contract. Comparable state Medicaid PBM contracts range from $150 M to $300 M over the full potential seven‑year term, so a reasonable estimate is $150 M‑$300 M. Factors influencing the range include the final negotiated price, the extent of optional value‑based rebate services, and any change‑order modifications up to the $5 M pool.

AI estimate from the solicitation

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