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  5. ›Department of Fiscal Services - Prescription Drug Benefits

Awarded contract·St. Mary's County Public Schools·Maryland

Department of Fiscal Services - Prescription Drug Benefits

Won by Carefirst$8.8MSingle Award
Contract source

Awarded vendors

  • Carefirst

Description

This contract is a prescription drug benefits procurement issued by St. Mary's County Public Schools’ Department of Fiscal Services. The RFP (RFP #SMCPS-2015-FS-PDB) sought bids to provide prescription drug coverage for school employees and affiliates, with an estimated annual usage cost of $8.8 million. The award was granted to Carefirst, a health‑insurance provider based in Owings Mills, MD, following Board of Education approval on February 11, 2015. • Scope: Provision of prescription drug benefits for school system personnel. • Vendor: Carefirst (health‑insurance carrier). • Estimated annual spend: $8,814,936. • Competitive process: Open RFP with bid deadline December 19, 2014.

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Bids closed
12/19/2014

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
524210
Solicitation №
RFP #SMCPS-2015-FS-PDB

Contract value

$8,814,936

The award column lists an estimated annual usage cost of $8,814,936 for the prescription drug benefits. Assuming the contract covers a one‑year period (the most common term for such benefit agreements) and no additional fees are noted, the contract’s value is essentially the stated annual cost. If the contract extends beyond one year, the total value would be multiplied accordingly, but with the information given, the best estimate is roughly $8.8 million for the contract year.

AI estimate from the award documents

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