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Billing Engine & Financial Administration Services

Active
Federal

Contract Overview

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

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The Billing Engine and Financial Administration Services subcontract, managed by the Office of Personnel Management, involves operating a centralized billing engine for prime contractors on OPM BENEFEDS projects. The scope of work includes the pre-validation and generation of bill files for over 60 payroll providers, as well as handling payment posting, adjustments, refunds, and daily cash reconciliation. Additionally, the provider is responsible for managing automatic bank withdrawals and direct billing for non-payroll annuitants. To ensure financial integrity and security, the contractor must maintain SOC 1 Type 2 compliance. Key deliverables include the production of accurate bill files, precise payment postings, and detailed remittance reconciliation reports. This opportunity is categorized under NAICS code 524292, with the place of performance located in Macon.

General Info

OPM subcontract for centralized billing engine operations, financial administration, and SOC 1 compliance.

Agency

Office Of Personnel Management → OPM Dc Central Office Contracting

NAICS

524292 - Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds

Place of Performance

Macon, GA, USA

Set-Aside

NONE

Documents

This scope was carved out of 24361827S0001 .

The full solicitation package (4 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

Sources Sought / Request for Information — BENEFEDS Federal Benefits Enrollment and Premium Administration Services (Follow-On)

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Timeline

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Organization & Contact Information

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AgencyOffice Of Personnel Management → OPM Dc Central Office Contracting
ContactsNo contacts available
OfficeN/A
Organization / AgencyOffice Of Personnel Management → OPM Dc Central Office Contracting
Office AddressN/A
ContactsNo contact information available

Full Description

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Operates a common billing engine for prime contractors on OPM BENEFEDS projects. Performs pre-validation and generation of bill files for 60+ payroll providers, payment posting, adjustments, refunds, and daily cash reconciliation. Manages direct billing and automatic bank withdrawals for non-payroll annuitants. Requires SOC 1 Type 2 compliance. Delivers accurate bill files, payment postings, and remittance reconciliation reports.

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