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Awarded contract·Collin County, TX·Texas

Group Benefit/Insurance for Medical, Pharmacy, Dental, Vision, COBRA, FSA, Retiree, and Stop Loss

Won by United Healthcare Services, Inc.$25MSingle Award
Contract source

Awarded vendors

  • United Healthcare Services, Inc.

Description

This contract is for group benefit/insurance services, including medical, pharmacy, dental, vision, COBRA, FSA, retiree, and stop loss, to be provided to Collin County, TX. The contract was awarded to United Healthcare Services, Inc. and has a term of 5 years, starting from January 1, 2025, and ending on December 31, 2029. The scope of work includes providing insurance services to the county. Key points to consider: • The contract is for a term of 5 years • The vendor is United Healthcare Services, Inc. • The scope of work includes group benefit/insurance services • The contract start date is January 1, 2025 • The contract end date is December 31, 2029

Attached files

Key dates

Starts
1/1/2025
Ends
12/31/2029
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Healthcare and Medical Services
NAICS
5241
Solicitation №
2024-263

Contract value

$25,000,000

The contract value is not explicitly stated in the document. However, based on the scope of work and the term of the contract, it can be estimated that the contract value is likely in the range of several million dollars. This is because the contract is for group benefit/insurance services for a county, which typically involves a large number of employees and their dependents. The cost of providing insurance services for such a large group can be substantial. A rough estimate of the contract value could be around $10 million to $50 million per year, depending on the specific services and the number of employees covered.

AI estimate from the award documents

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