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Awarded contract·Multnomah County Department of Management, Risk Management Division·Oregon

Workers' Compensation Claims Administration Services

Won by CorVel Corporations Inc.$5MSingle Award
Contract source

Awarded vendors

  • CorVel Corporations Inc.

Description

The Multnomah County Department of Management, Risk Management Division, is seeking a vendor to provide Workers' Compensation Claims Administration Services. The contract has a term of 5 years with an option to renew for an additional 5 years. The vendor will be responsible for providing claims administration services, including setting up initial claims, establishing diaries and claim file notes, filing with applicable state agencies, and paying bills promptly and accurately. The vendor will also be required to provide monthly, quarterly, and annual reports, as well as ad hoc "Loss Analysis Reports" tailored to the County's specifications. The contract will be awarded to the responsive and responsible proposer with the highest scoring proposal. Some key points to consider: * The contract term is 5 years with an option to renew for an additional 5 years. * The vendor will be responsible for providing claims administration services. * The vendor will be required to provide monthly, quarterly, and annual reports. * The contract will be awarded to the responsive and responsible proposer with the highest scoring proposal. * The County encourages the participation of Minority-Owned, Women-Owned, and Emerging Small Businesses and Organizations in providing these services.

Attached files

Key dates

Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
5241
Solicitation №
RFP-88-2023

Contract value

$5,000,000

The contract value is not explicitly stated in the contract document. However, based on the scope of work and the contract term, it is likely that the contract value is in the range of $500,000 to $2 million per year, depending on the number of claims and the cost of services provided. Therefore, the total contract value for the 5-year term could be in the range of $2.5 million to $10 million.

AI estimate from the award documents

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