Medical Insurance Broker
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The METRO Regional Transit Authority is seeking a qualified firm to provide comprehensive insurance brokerage and risk management services for its approximately 436 full-time equivalent employees. This multi-year, flat-fee agreement consists of an initial one-year term with four option years extending through 2031. The selected broker will be responsible for marketing and obtaining renewal quotes for medical, prescription, vision, and dental insurance, as well as managing ancillary and specialty coverage for all other lines of insurance. Key deliverables include preparing annual marketing strategy reports, negotiating terms and pricing with underwriters, providing quarterly claims reviews, and offering on-site support during benefit fairs and the two-week open enrollment period. The contract will be awarded to the lowest bidder meeting the minimum specifications without further negotiation. Compliance with Federal Transit Administration regulations, including FTA Circular 4220.D1d and 49 CFR Part 26 regarding Disadvantaged Business Enterprises, is mandatory. Additionally, the contractor must adhere to Buy America preferences and various federal non-discrimination and equal opportunity laws. Proposals must be submitted via the OpenGov portal by December 3, 2026, and must include a SAM.gov exclusion printout, a non-collusion affidavit, and various insurance certificates. Payments will be made quarterly via ACH.
General Info
Agency
Place of Performance
OH, USASet-Aside
Timeline
Response Deadline
Organization & Contact Information
Interested Companies (3)
Full Description
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