Benefits Insurance Broker Services

Overview

Financial, Legal, HR & Staffing

Ithaca, New York, United StatesPosted 23 days agoDeadline: May 13th, 2026

Fit Score

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SUMMARY

The authority in Ithaca, New York, seeks a broker to manage and optimize its employee benefits program, focusing on cost savings, compliance, and program competitiveness.

KEY REQUIREMENTS

Must be an experienced and qualified insurance broker
Must provide comprehensive Broker of Record services
Must comply with all Federal and State requirements regarding transparency of compensation
Must comply with FTA Circular 4220.1G and 2 CFR Part 200
Must have a physical presence or ability to serve the Ithaca, New York area
Must submit a technical proposal and a separate cost proposal
Must include a signed Non-Collusion Affidavit
Must provide three client references
Must provide Unique Entity ID (UEI) and certification of active SAM.gov registration if applicable

BUDGET

Estimate

$50,000 – $150,000

CONTRACT DURATION

36 months

TIMELINE

RFP Release Date: April 15th, 2026

Pre-Bid Meeting: April 23rd, 2026

Deadline for Written Questions: April 30th, 2026

Responses to Questions / Addendum Issued: May 4th, 2026

Proposal Submission Deadline: May 13th, 2026

QUESTION DEADLINE

April 30th, 2026

Issuing Agency

Tompkins Consolidated Area Transit, Inc.

Organization overview and procurement intelligence available on paid plans.

See Issuer Research

DESCRIPTION

A government authority located in Ithaca, New York, is seeking a qualified vendor to provide benefits insurance broker services. The selected firm will be responsible for the design, administration, compliance, and effective management of employee benefit offerings. This includes a comprehensive review and analysis of current benefits packages to develop cost-saving strategies aimed at delivering comparable or improved coverage for employees.

Key responsibilities include identifying opportunities for cost savings without sacrificing quality, analyzing plan utilization data, and making strategic recommendations for improvements. The broker will benchmark existing benefits against similar public sector organizations to ensure competitiveness and stay informed about emerging trends in employee benefits, advising the authority accordingly. Additional duties involve preparing detailed reports and presentations on cost analysis, utilization, trends, and claims, as well as supporting COBRA administration and coordinating compliance with COBRA regulations.

The engagement aims to optimize employee benefits, maintain compliance, and ensure efficient communication and reporting between the authority and insurance carriers.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.