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  5. ›VOLUNTARY EMPLOYEE BENEFITS BROKER

City of Lynchburg·Virginia

VOLUNTARY EMPLOYEE BENEFITS BROKER

Closes 7/2/2026$500k – $2MRequest for Proposal
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Description

The City of Lynchburg is seeking a Voluntary Employee Benefits Broker to manage approximately 1,200 City and 1,530 Lynchburg City Schools employees’ voluntary benefits. The broker will be responsible for providing services such as Section 125 administration, flexible spending accounts, and voluntary supplemental employee benefits. The City aims to reduce internal administration, decrease costs, and provide the best employee benefit solutions and service in the industry. Key services include: • Managing voluntary benefits for City and Lynchburg City Schools employees • Providing Section 125 administration and flexible spending accounts • Coordinating with Human Resource Departments to assist employees in registering online for all health and voluntary benefits during the open enrollment period • Conducting annual surveys of insurance products’ performance and status • Providing administrative services, including system capabilities, data storage documentation, and processing and administering all new and existing payroll deductions The City is looking for a broker that can provide timely services, meet the requirements of the proposed schedule, and offer the best employee benefit solutions and service in the industry.

Attached files

Contact

Stephanie Suter(Procurement Contact)

[email protected]

Key dates

Opened
6/5/2026
Questions due
6/25/2026
Closes
7/2/2026
Duration
2 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
2026-088

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is likely to be in the range of $500,000 to $2 million per year, considering the number of employees and the scope of services required. The City is looking for a broker that can provide comprehensive services, including Section 125 administration, flexible spending accounts, and voluntary supplemental employee benefits. The budget may vary depending on the broker's fees, the number of employees, and the types of benefits offered.

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