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  5. ›COBRA, Retiree, Direct Bill & FSA Administrative Services

Awarded contract·Orange County, Florida·Florida

COBRA, Retiree, Direct Bill & FSA Administrative Services

Won by WEX Health, Inc.$283kSingle Award
Contract source

Awarded vendors

  • WEX Health, Inc.

Description

This contract is for COBRA, Retiree, Direct Bill, and FSA Administrative Services. The contractor, WEX Health, Inc., will provide professional and consultation services in these areas. The contract has a term of 4 years, with the option to renew for an additional 2 years. The total contract value is $282,960. The contract includes provisions for insurance requirements, indemnification, and termination. The contractor must maintain certain types of insurance, including commercial general liability, business automobile liability, workers' compensation, and professional liability. The contract also includes a business associate addendum, which outlines the requirements for the handling of protected health information (PHI) and personally identifiable information (PII). Some key points of this addendum include: • The Business Associate must notify the County of any breach of PHI or PII within 7 calendar days of discovery. • The Business Associate must provide notice to individuals affected by a breach, as well as to consumer reporting agencies and the media, if necessary. • The Business Associate must mitigate any harmful effects of a breach and must cooperate with the County to investigate and resolve any breaches. • The Business Associate must return or destroy all PHI and PII upon termination of the contract, unless it is not feasible to do so, in which case the Business Associate must maintain the privacy protections and limits on use and disclosure. The County has the right to terminate the contract if the Business Associate violates any material terms of the contract or the business associate addendum. Some key services that will be provided under this contract include: • COBRA administration • Retiree billing services • Direct bill services • FSA administrative services These services will be provided to support the County's employees and retirees.

Attached files

Key dates

Starts
4/1/2023
Ends
12/31/2026Renews
Duration
4 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524114
Solicitation №
Y22-178

Contract value

$282,960

The contract value is explicitly stated as $282,960. This amount is likely based on the estimated costs of providing the required services over the contract term. Factors that may influence the contract value include the number of employees and retirees served, the scope of services provided, and the level of administrative support required.

AI estimate from the award documents

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