This Solicitation opportunity from Arkansas was posted on May 17, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Employee Benefits Broker
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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AI Contract Overview
The Little Rock School District is seeking proposals from qualified brokerage firms to provide comprehensive employee benefits services for its approximately 3,300 employees across 50 locations. The primary goal is to secure benefit products and assist with employee enrollment and education, particularly during the annual open enrollment period in the fall. The district’s current benefits offerings are detailed in the 2024 Employee Benefits Guide, which prospective vendors should review. The RFP process emphasizes transparency, with all questions to be submitted in writing by May 30, 2024, and responses posted publicly. Proposals must be submitted electronically via Ionwave by June 13, 2024, with late submissions being rejected. The district plans to award a single two-year contract, considering factors such as responsiveness, company qualifications, references, enrollment strategies, and cost, with negotiations possible prior to final award. The evaluation process involves reviewing proposals based on their practicality, overall responsiveness, and the vendor’s ability to meet the district’s needs. The district reserves the right to reject any or all bids and to negotiate terms with the most suitable proposer. The selected vendor will be expected to participate in a pre-award meeting to clarify performance expectations, which will be incorporated into the final contract. The contract will be governed by standard terms and conditions similar to those used by other municipalities, ensuring legal compliance, fair business practices, and vendor accountability. The procurement process underscores the importance of a comprehensive, competitive, and transparent approach to selecting a partner capable of supporting the district’s employee benefits program effectively over the initial contract period.
General Info
Place of Performance
AR, USASet-Aside
Documents
8AI Contract Breakdown
Uniform Contract FormatContract not broken down yet
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Timeline
Submission Closed
Organization & Contact Information
Full Description
All proposals must be submitted no later than JUNE 13, 2024 at 2:00 PM. Any proposal submitted in any format after this deadline may be rejected.
PROPOSAL EVALUATION The LRSD will negotiate, as appropriate, with the apparent acceptable offerer. The proposal deemed to be the most practical and advantageous will receive major consideration. The proposed costs, fee or expense, will weigh heavily in the award of any resulting contract but will not necessarily be the determining factor. Apparent successful bidder may be asked to participate in a pre-award meeting with the District representatives to discuss and clarify contract requirements as pertains to performance expectations, response time, and other aspects of services, as appropriate. Agreements, terms or conditions resulting from this meeting will be written into the resulting contract and will be subject to normal contract enforcement. The District intends to award a single contract (one vendor) for all services requested for an initial TWO year term. The District will utilize but not be limited to the following criteria in reviewing proposals responses: 1. Overall responsiveness to the RFP
2. Company profile and qualifications 3. Response to Work Requirements 4. References 5. Enrollment Plan 6. Interview (if needed) 7. Fees
The complete request for proposal is available online at https://lrsd.ionwave.net. Interested Proposers must register at this site to view and download proposal documents and to submit a proposal electronically. This is the preferred method of submission.
Proposals will be taken under advisement upon closing and successful proposers will be notified as soon as an evaluation is completed. The District will negotiate, as appropriate, with the apparent acceptable proposers. The District reserves the right to reject any or all bids and waive any formalities in bid responses. Price alone may not be the determining factor.
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