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Third Party Administrator Services for Employee Benefits

Overview


Financial, Legal, HR & Staffing
Magnolia, Texas, United StatesPosted 2 months agoDeadline: March 27th, 2026

Fit Score


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SUMMARY


RFP seeking a third party administrator to manage employee benefit plans, including enrollment, billing, and COBRA administration for a five-year term in Texas.

KEY REQUIREMENTS


BUDGET

Estimate

$1,000,000 – $5,000,000

CONTRACT DURATION


60 months

TIMELINE


Issue RFP: March 6th, 2026

Deadline for Questions: March 20th, 2026

Deadline for Responses: March 25th, 2026

Deadline for Submission: March 27th, 2026, by 10:00 a.m.

Recommendation/Decision: April 10th, 2026

Beginning Date of Contract: Month of July

QUESTION DEADLINE


March 20th, 2026

Issuing Agency


Magnolia Independent School District

Organization overview and procurement intelligence available on paid plans.

DESCRIPTION


The selected vendor will provide comprehensive third party administrator (TPA) services to manage employee benefits, including section 125/cafeteria plans, voluntary benefits, health claims, consolidated billing, online enrollment, and COBRA administration. The TPA will act as the agent of record for the district’s employee benefit program, offering expert consulting, brokerage, enrollment, and administration services for a variety of plans.

Responsibilities also include COBRA administration for dental, vision, and flexible spending accounts, as well as consolidated billing and reconciliation. The vendor must supply and maintain a year-round benefits website to facilitate open enrollments, new hires, and all qualified personnel changes. Enrollment assistance is required both for annual open enrollment and ongoing support.

Additional duties involve providing consulting and brokerage services and processing all medical reimbursement and dependent care spending account claims via a debit card to ensure efficient claims payment for plan participants. The contract period is set for five years.

Source attribution

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

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