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Lamar CISD·Texas

Pharmacy Benefit Management Services

Closes 10/2/2026$2M – $8MRequest for Proposal
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Description

Lamar Consolidated ISD (LCISD) is seeking a new Pharmacy Benefit Management (PBM) vendor to administer prescription drug benefits for approximately 5,683 plan members starting September 1 2027. The contract is for an initial one‑year term with up to four optional one‑year renewals and includes extensive pricing, rebate, and network requirements. The district will award the contract based on a weighted evaluation of cost, quality, and vendor stability. Vendors must submit electronic proposals by October 2 2026 and complete numerous compliance forms (conflict‑of‑interest, 1295 certification, W‑9, etc.). The PBM must provide pass‑through pricing, exclusionary formulary, rebate guarantees, and support for audits, market checks, and transition activities.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

[email protected]

(844) 226-3862

Key dates

Opened
9/8/2026
Questions due
9/17/2026
Closes
10/2/2026
Projected award
12/1/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Healthcare and Medical Services
NAICS
524292
Solicitation №
04-2026TB Addendum 3

Budget estimate

$2,000,000 – $8,000,000

The contract covers pharmacy benefit administration for roughly 5,700 members. Based on typical PBM fee structures (approximately $30‑$80 per member per month for administration, rebate management, and reporting), annual revenue could range from $2.0 million (lower end) to $5.5 million (higher end). Additional revenue may be generated from rebate guarantees, specialty drug arrangements, and audit services, potentially pushing the high‑end estimate toward $8 million. Therefore, a reasonable ball‑park for the vendor’s earnings is $2 M–$8 M per year.

AI estimate from the solicitation

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