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