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Awarded contract·City of Orlando·Florida

Flexible Spending Account & Direct Billing Services

Won by WEX Health Inc$381kSingle Award
Contract source

Awarded vendors

  • WEX Health Inc

Description

The City of Orlando has awarded a contract to WEX Health Inc for Flexible Spending Account & Direct Billing Services. The contract is for a period of 3 years, with the option to renew for an additional 2 years. The contract involves the administration of COBRA, Retiree, and Flexible Spending Account services for the City of Orlando. The vendor is required to provide a range of services, including plan administration, customer service, and compliance with relevant laws and regulations. The contract also includes provisions for insurance, accounting, and auditing. The City of Orlando has a strong commitment to equal opportunity and non-discrimination, and the vendor is required to comply with these principles. Some key features of this contract include: • Administration of COBRA, Retiree, and Flexible Spending Account services • Plan administration and customer service • Compliance with relevant laws and regulations • Insurance and accounting requirements • Auditing and reporting requirements • Commitment to equal opportunity and non-discrimination

Attached files

Key dates

Starts
1/1/2022
Ends
12/31/2025Renews
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524292
Solicitation №
C16-0293

Contract value

$380,744

Based on the contract documents, the budget amount for this contract is $380,744. This amount is likely to be the total value of the contract over its 3-year term. The contract involves the administration of insurance-related services, and the budget amount may cover the costs of plan administration, customer service, and compliance with relevant laws and regulations.

AI estimate from the award documents

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