Third Party Administration and Record Keeping Services

Overview

Management Consulting & Admin Support

Hartford, Connecticut, United StatesPosted about 2 months agoDeadline: March 27th, 2026

Fit Score

Settle Intelligence

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SUMMARY

RFP for third party administration, record keeping, and marketing of a municipal health insurance program, including website management and premium handling.

KEY REQUIREMENTS

BUDGET

Estimate

$1,500,000 – $3,000,000

CONTRACT DURATION

60 months

TIMELINE

Release RFP: February 27th, 2026

Bidder Question Deadline: March 6th, 2026 at 12:00pm ET

Bidder Questions Answered: March 13th, 2026

RFP Proposal Deadline: March 27th, 2026 at 12:00pm ET

Finalist Interviews (if necessary): April 13th, 2026

BAFOS (Best and Final Offers) if necessary: April 20th, 2026

Contract Awarded (tentative): May 11th, 2026

Begin Implementation (tentative): May 11th, 2026

Contract Effective Date: July 1st, 2026

QUESTION DEADLINE

March 6th, 2026

Issuing Agency

State Of Connecticut, Office Of The State Comptroller

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DESCRIPTION

The selected vendor will provide third party administration and record keeping services for a municipal employees health insurance program. Key responsibilities include developing and maintaining a user-friendly website containing comprehensive program and plan information while also allowing potential customers to obtain online rate quotes. The vendor will be responsible for collecting and accounting for all premiums, handling disbursements to authorized healthcare carriers, and offering professional marketing services, including the creation and distribution of marketing materials.

Additionally, the contractor is required to develop and implement a strategic marketing plan, participate in outreach activities, conduct presentations to prospective participants, and engage with business organizations, nonprofits, brokers, and trade groups. Duties also include responding to quote inquiries, facilitating communication between brokers and carriers, processing new group enrollments, updating billing systems and enrollment data, and providing ongoing account maintenance services. The contract duration is three years.

Source attribution

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