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Awarded contract·Sedgwick County·Kansas

Employee Ancillary Benefits - Flexible Spending Account/Health Reimbursement Account Administration

Won by Surency Life and Health Insurance Company dba Surency$130kAwarded 6/17/2026Single Award
Contract source

Awarded vendors

  • Surency Life and Health Insurance Company dba Surency

Description

This three‑year contract awards Sedgwick County’s employee flexible‑spending (FSA) and health‑reimbursement (HRA) administration to Surency Life and Health Insurance Company. The vendor will provide full‑service plan design, enrollment, compliance, claims processing, debit‑card support, employee communications, reporting, and data integration for roughly 670 participant accounts, with bi‑weekly claim funding and virtual enrollment assistance. The agreement includes two one‑year renewal options and mandates insurance coverage and indemnification per county policy. • Scope: end‑to‑end FSA/HRA administration, including debit‑card issuance and virtual employee education. • Vendor: Surency Life and Health Insurance Company (dba Surency), incumbent not previously disclosed. • Term: 01‑Jan‑2027 through 31‑Dec‑2029, with two optional 1‑year extensions. • Procurement: Open competition (160 vendors solicited), award recommended by County Board of Bids & Contracts.

Attached files

Key dates

Bids closed
6/2/2026
Intent to award
6/17/2026
Awarded
6/17/2026
Contract modified
5/22/2026
Starts
1/1/2027
Ends
12/31/2029Renews
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524292
Solicitation №
26-0045

Contract value

$130,000

The contract does not disclose a total dollar amount. The incumbent’s per‑transaction fee is $2.25, and the RFP’s illustrative low‑bid figure is $38,000 for the entire three‑year period. Assuming 670 active accounts with an average of 80 transactions per year (a typical usage pattern for FSAs/HRA), annual transaction revenue would be 670 × 80 × $2.25 ≈ $120,900. Adding set‑up, reporting, and administrative fees (as reflected in the low‑bid estimate of roughly $38 k per year), a reasonable ball‑park for the three‑year contract is between $110 k and $150 k. Taking the midpoint yields an estimated total value of about $130,000.

AI estimate from the award documents

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