This Solicitation opportunity from Texas was posted on December 11, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Pharmacy Benefit Management Services
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 University of Texas System Administration is inviting proposals for Pharmacy Benefit Management Services with the aim of advancing health outcomes while managing costs efficiently. The contract outlines the provision of comprehensive pharmacy benefit management solutions, which include developing and managing a formulary and preferred drug list, auditing retail pharmacies and mail-order facilities, and providing in-depth claims analysis and reporting. Contractors must also ensure compliance with HIPAA regulations and information security requirements, and deliver both annual enrollment materials and communication resources for new employees. The services are expected to be executed primarily at the University of Texas System Administration locations. The contract is set to run from the award date until January 24, 2025, with various milestones detailed in the proposal documents. Financially, the contract value is estimated to range between $5,000,000 and $20,000,000. Benjamin Kalenak is the designated primary contact for this initiative, providing a direct link for inquiries and further information regarding the opportunity. The proposal submission deadline is January 24, 2025, and all details pertaining to the bid can be accessed via the University’s public portal on Bonfire.
General Info
Place of Performance
TX, USASet-Aside
Documents
1AI Contract Breakdown
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Timeline
Submission Closed
Organization & Contact Information
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