See More RFPs

Health Savings Account and Flexible Spending Account Services

Overview


Financial, Legal, HR & Staffing
Stillwater, Minnesota, United StatesPosted 2 months agoDeadline: March 18th, 2026

Fit Score


Settle Intelligence

Settle helps teams find, evaluate, and respond to public RFPs. We continuously surface new opportunities, score them against your company strengths, and draft proposal responses so you can focus on the work that wins business.

SUMMARY


Minnesota seeks a vendor to administer health savings and flexible spending accounts, including both employee reimbursements and plan document management.

KEY REQUIREMENTS


BUDGET

Estimate

$250,000 – $1,000,000

CONTRACT DURATION


60 months

TIMELINE


RFP Release Date: February 25th, 2026

Questions Due: March 4th, 2026

Addendum Release Date: March 10th, 2026

Proposals Due: March 18th, 2026

Notification of Award: May 1st, 2026

Commencement Date: January 1st, 2027

Completion Date: December 31st, 2031

QUESTION DEADLINE


March 4th, 2026

Issuing Agency


Washington County

Organization overview and procurement intelligence available on paid plans.

DESCRIPTION


A vendor is sought to provide comprehensive administration services for health savings accounts (HSA) and flexible spending accounts (FSA), including medical reimbursement and dependent care accounts. The services will cover administration of HSA, including Limited Scope HSA (LSHSA), and seamless coordination of reimbursements for FSA, HSA, and LSHSA for employees. Vendors must oversee plan administration according to the current cafeteria plan document and handle updates for plan amendments and legislative changes.

The awarded contractor will be responsible for offering a user-friendly employee portal, enabling participants to manage their accounts, check balances, make account changes, request reimbursements, and review reimbursement statuses. The contract period will be five years, and all questions regarding the RFP must be submitted before March 4, 2026.

Source attribution

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

Similar RFPs


    Health Savings Account and Flexible Spending Account Services | Settle RFP Hunter