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  1. Bid Banana
  2. ›Closed bids
  3. ›Arizona
  4. ›Healthcare and Medical Services
  5. ›T25-011-01

Awarded contract·City of Tempe·Arizona

T25-011-01

Won by Humana$4.8MSingle Award
Contract source

Awarded vendors

  • Humana

Description

The City of Tempe has awarded a contract to Humana for retiree Medicare healthcare benefits. The contract commenced on September 20, 2024, and is set to end on December 31, 2025, with the option for four one-year renewals. The contract provides for fully insured Medicare Advantage PPO plans with RX coverage. The points of contact for the contract are Eric Kraenzle, Elaine Ngai, and Michael Greene. • The contract is for retiree Medicare healthcare benefits. • The contract commenced on September 20, 2024, and is set to end on December 31, 2025. • The contract has the option for four one-year renewals. • The contract provides for fully insured Medicare Advantage PPO plans with RX coverage. • The points of contact for the contract are Eric Kraenzle, Elaine Ngai, and Michael Greene.

Attached files

Key dates

Starts
9/20/2024
Ends
12/31/2025Renews
Duration
1 year

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Healthcare and Medical Services
NAICS
524114
Solicitation №
T25-011-01

Contract value

$4,800,000

The contract value can be estimated based on the monthly rates provided for the different plan options. Assuming an average monthly rate of $400 per enrollee and an average of 200 enrollees per month, the total contract value for the initial term would be approximately $960,000. With the option for four one-year renewals, the total potential contract value could be around $4,800,000.

AI estimate from the award documents

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