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The selected vendor will provide excess workers compensation insurance services, enabling the organization to self-insure a portion of its workers' compensation risk. This approach aims to reduce direct costs and maximize indirect cost savings by capturing cash flow savings associated with self-insurance. The program seeks to establish a stable workers' compensation structure and foster a longstanding partnership with a financially stable stop-loss carrier.
The contract period will be for one year. Prospective bidders must submit all questions regarding this RFP no later than June 26, 2026.
Analysis generated by Settle AI from the source RFP.
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