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Benefits Brokerage and Commission Management

Active
State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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This subcontract for Torrance County, New Mexico, involves providing comprehensive benefits brokerage and administration services for prime contractors. The selected provider will be responsible for managing policy administration, coordinating enrollment, and processing claims. To ensure operational efficiency, the contractor must utilize benefits administration platforms and HRIS software to deliver a fully managed insurance program and ongoing administrative support. A critical requirement for this engagement is that the provider must hold a valid New Mexico Insurance Broker license. The financial structure of the contract includes specific commission arrangements, notably a 20% flat commission for life and disability insurance lines. Interested parties should note the response deadline of December 3, 2026, for this opportunity categorized under NAICS code 524210.

General Info

Benefits brokerage and administration services for Torrance County, New Mexico, requiring state licensure.

Place of Performance

NM, USA

Set-Aside

NONE

Documents

This scope was carved out of TC FY26-27-010.

The full solicitation package (2 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

TC FY26-27-010 Fully Insured Life and Disability Coverage

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Timeline

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Organization & Contact Information

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AgencyNew Mexico → Torrance County
ContactsNo contacts available
OfficeN/A
Organization / AgencyNew Mexico → Torrance County
Office AddressN/A
ContactsNo contact information available

Full Description

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Performs benefits brokerage and administration for prime contractors on Torrance County, New Mexico benefit projects. Manages policy administration, coordinates enrollment and claims processing, and handles commission structures including a 20% flat commission for life/disability lines. Utilizes benefits administration platforms and HRIS software. Requires a New Mexico Insurance Broker license. Delivers a managed insurance program and administrative support.

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More opportunities from New Mexico → Torrance County

Same awarding agency

NAICS: 524113
New
SLED
TC FY26-27-010 Fully Insured Life and Disability Coverage
Solicitation # TC FY26-27-010
Torrance County, New Mexico, is soliciting proposals for a single source award for Fully Insured Life and Disability Coverage under solicitation TC FY26-27-010. The contract is intended to begin with an effective coverage date of January 1, 2027, for an initial one-year term, with the possibility of annual extensions for up to three additional years, not to exceed a total duration of four years. Vendors must be licensed in New Mexico and provide premium guarantees for at least two years. The scope requires the transition of existing insureds without Evidence of Insurability requirements and a one-time open enrollment for Voluntary Life and AD&D. Financial terms include a 10 percent flat commission for vision benefits and a 20 percent flat commission for all other lines of coverage, with a mandate that premium tax not be charged per New Mexico state statute. Proposals are due by December 3, 2026, and must be submitted as sealed physical packages to Kathryn Dillon in Estancia, New Mexico. The submission must follow a strict organizational sequence, including a Letter of Transmittal, Campaign Contribution Disclosure, and specific exhibits, with the Cost Response Form and Disclosure Form placed in separately sealed envelopes. Award selection is based on the most advantageous proposal to the County, considering scored factors and significant preference points for New Mexico or Native American residents and veterans. Invoicing must be submitted within 15 days of the month's end, with payments tendered within 30 days of acceptance.
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