This Solicitation opportunity from Virginia was posted on August 19, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
PHARMACY BENEFITS MANAGER
Contract Overview
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AI Contract Overview
The City of Charlottesville is seeking a Pharmacy Benefits Manager (PBM) to provide comprehensive administration of its pharmacy benefit program for approximately 1,100 active employees and 90 pre-65 retirees. The selected vendor will be responsible for strategic pharmacy consulting, market intelligence, and the administration of a self-funded prescription drug benefit program. A critical requirement is the ability to coordinate with the City's medical Third Party Administrator (TPA) regarding eligibility exchange, claims data, reporting, and accumulator integration. The City currently utilizes Aetna as the medical carrier and Voya for HRA administration, and is considering the addition of a high-deductible health plan to its current mix of POS and HMO options. The contract is scheduled to begin on January 4, 2027, and run through June 30, 2028, with the possibility of six additional one-year renewal terms. Proposals are being evaluated based on experience (35%), methodology and service approach (30%), overall proposal quality (20%), and price (15%). Award selection is conducted under the Virginia Public Procurement Act, where the City Manager or Purchasing Agent will select the best overall proposal. Required insurance coverages include Professional Liability of 2 million dollars and Commercial General Liability of 1 million dollars per occurrence. The successful offeror must also comply with ADA reporting standards and strict PII confidentiality and security breach notification protocols.
General Info
Place of Performance
VA, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
Interested Companies (14)
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Full Description
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