Procedure Codes Benchmark Development Service

Overview

Data Analytics, AI & Cloud Hosting

Washington, District of Columbia, United StatesPosted about 2 months agoDeadline: April 7th, 2026

Fit Score

Settle Intelligence

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SUMMARY

RFP for a vendor to develop, support, and regularly update statistically valid procedure code benchmarks based on multiple geographic and authority sources.

KEY REQUIREMENTS

BUDGET

Estimate

$500,000 – $2,000,000

TIMELINE

Published Date: March 17th, 2026

Question Deadline: March 23rd, 2026

Capabilities Statements Due: April 7th, 2026

Inactive Dates: April 22nd, 2026

QUESTION DEADLINE

March 23rd, 2026

Issuing Agency

Department Of Labor

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DESCRIPTION

This RFP seeks vendors to provide a service for developing benchmarks for procedure codes. The selected vendor will be responsible for supplying benchmarks for each service code, considering national rates, state-based rates, ZIP codes, and differentiating between rural and non-rural classifications.

Benchmarks should draw upon a range of credible sources, including industry standards, federal and state government data, and other authoritative references. The vendor will also be required to offer ongoing support to assist with interpreting and updating underlying fee schedule data, benchmarks, and associated analyses. All benchmarks must be statistically valid, transparent, and maintained with regular updates throughout the supporting period.

Source attribution

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