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Awarded contract·City of Port St. Lucie·Florida

Employee Group Dental Administrative Services

Won by Florida Combined Life Insurance Company, Inc.$581kSingle Award
Contract source

Awarded vendors

  • Florida Combined Life Insurance Company, Inc.

Description

The City of Port St. Lucie has awarded a contract to Florida Combined Life Insurance Company, Inc. for Employee Group Dental Administrative Services. The contract, valued at $58,104 annually, has a total estimated value of $290,520 for the initial five-year term. The contract has been renewed for an additional five-year period, with the new renewal rate set at $4.75 per eligible employee per month. The contractor will provide administrative services, including claims review and payment, enrollment, and record-keeping. The contract includes provisions for cooperation with the inspector general, successors and assigns, and entire agreement. Key aspects of the contract include: • Contract term: 10 years • Contract value: $290,520 (initial 5-year term), with a renewed term valued at $58,104 annually • Services provided: Employee Group Dental Administrative Services • Contractor: Florida Combined Life Insurance Company, Inc. • City of Port St. Lucie responsibilities: self-funding of dental benefits, cooperation with the inspector general • Contractor responsibilities: claims review and payment, enrollment, record-keeping, cooperation with the inspector general

Attached files

Key dates

Starts
10/1/2019
Ends
9/30/2029
Duration
10 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524110
Solicitation №
20190082

Contract value

$581,040

The contract value is estimated to be $58,104 annually, with a total estimated value of $290,520 for the initial five-year term. The renewed term is valued at $58,104 annually, with a total estimated value of $290,520 for the additional five-year period. The total contract value, including the initial and renewed terms, is estimated to be $581,040.

AI estimate from the award documents

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