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  5. ›21-5871 Avesis

Awarded contract·City of Goodyear·Arizona

21-5871 Avesis

Won by Avesis Third Party Administrators, Inc.$1.8MSingle Award
Contract source

Awarded vendors

  • Avesis Third Party Administrators, Inc.

Description

The City of Goodyear has awarded a contract to Avesis Third Party Administrators, Inc. for a vision insurance benefits plan. The plan includes coverage for eye examinations, corrective eyewear, and contact lenses. The contract has a term of 2 years, with 5 one-year options to renew. The vendor will provide a network of providers, including optometrists and ophthalmologists, and will administer the plan, including claims processing and customer service. The contract includes a rate guarantee for 3 years, and the vendor will provide discounts on materials and services. The plan is designed to provide excellent value and protection for the City's employees and their families. Key features of the plan include: • Coverage for eye examinations and corrective eyewear • Network of providers, including optometrists and ophthalmologists • Administration of the plan, including claims processing and customer service • Rate guarantee for 3 years • Discounts on materials and services • Coverage for contact lenses and refractive surgery • 24/7 customer service and online access to provider listings and claims information

Attached files

Key dates

Starts
7/1/2021
Ends
6/30/2023Renews
Duration
2 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524114
Solicitation №
CON-21-5871

Contract value

$1,750,000

The contract value is not explicitly stated, but based on the rate information provided, it appears that the contract is worth approximately $150,000 to $200,000 per year, depending on the number of employees and their dependents who participate in the plan. The total contract value over the 2-year term, with 5 one-year options to renew, could be estimated at $1.5 million to $2 million. Factors that may influence the likely contract value include the number of employees and their dependents, the level of participation in the plan, and the actual costs of providing the vision insurance benefits.

AI estimate from the award documents

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