PHARMACY BENEFITS MANAGEMENT SERVICES (PBM)
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The Department of Labor’s Office of the Assistant Secretary for Administration and Management is preparing to issue a Request for Proposal (RFP) around September 30, 2024, to acquire Pharmacy Benefits Management (PBM) services to support the Office of Workers’ Compensation Programs (OWCP). This upcoming procurement will be conducted as a full and open competition under NAICS code 524292, which covers Third Party Administration of Insurance and Pension Funds. The contract will be a fixed-price agreement with a base period of 15 months, followed by four one-year option periods and a potential one-year award term. Contractors will be expected to provide comprehensive PBM services nationally, including for injured workers covered under several OWCP divisions such as Federal Employees, Longshore and Harbor Workers’ Compensation, Energy Employees Occupational Illness Compensation, and Coal Mine Workers’ Compensation. The contractor’s responsibilities will include providing full prescription coverage and durable medical equipment for accepted conditions, as well as implementing a pharmacy card system for claimants once eligibility is verified. The solicitation will not allow direct contact with contracting officials outside of the formal question submission process during the solicitation phase. The objective is to ensure injured workers have reliable access to pharmacy benefits essential to their care, with the services extending across the United States and its territories. The point of contacts for this procurement are identified, and further engagement with contractors will occur through official channels once the solicitation is released.
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