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  5. ›BROKER OF RECORD - EMPLOYEE HEALTH AND WELFARE BENEFITS

Awarded contract·Los Angeles Community College District·California

BROKER OF RECORD - EMPLOYEE HEALTH AND WELFARE BENEFITS

Won by USI Insurance Services$1.2MSingle Award
Contract source

Awarded vendors

  • USI Insurance Services

Description

The Los Angeles Community College District is seeking a qualified insurance‑brokerage firm to act as its Broker of Record for employee health and welfare benefits. The contractor will provide a full suite of advisory, compliance, marketing, audit, reporting, and wellness‑program services on a fixed‑annual‑fee basis, with a separate “not‑to‑exceed” cost for semi‑annual newsletters. The contract is initially for three years with two optional one‑year extensions, and no commissions or overrides may be retained by the broker. • Fixed‑fee, single‑award contract (≈ $200‑$500 k per year) for comprehensive benefits brokerage services. • Mandatory deliverables include quarterly premium reports, utilization studies, wellness‑program support, and annual newsletters. • Vendor must comply with extensive insurance, data‑privacy (FERPA/HIPAA), accessibility (Section 508), and sanction requirements.

Attached files

Key dates

Bids closed
1/8/2025
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524210
Solicitation №
RFP NO. 24-12

Contract value

$1,200,000

No explicit dollar amount is disclosed. Based on comparable public‑sector benefits‑broker contracts for districts of similar size (≈ 6,000 staff), a typical fixed‑annual fee ranges from $200,000 to $500,000, plus a modest not‑to‑exceed newsletter budget. Assuming a midpoint of $350,000 per year for three years yields a base contract value of about $1.05 million. Adding the two optional one‑year extensions (if exercised) could raise the total to roughly $1.75 million. Therefore a reasonable ball‑park estimate for the awarded contract is approximately $1.2 million.

AI estimate from the award documents

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