This Solicitation opportunity from New York was posted on May 2, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Record Keeping, Investment Products, and Other Plan Services for the Suffolk County 401(a) Terminal Pay Plan

Closed

2024-07State & Local

Submission Closed06/14/2024, 12:00:00 AM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 524292

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Medicaid Medication Risk Reduction Initiative

Solicitation # RFP-2027-DMS-01-MEDIC

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Solicitation # SRC0000040548

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Solicitation # 27-011CH-32RFP

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COBRA Administration, Retiree Billing & FSA Administration

Solicitation # RFP 2435

The Township of Wayne, New Jersey, issued Request for Proposal RFP 2435 to secure a qualified organization for comprehensive COBRA Administration, Retiree Billing, and Flexible Spending Account (FSA) Administration services. With an effective start date of January 1, 2027, the selected vendor will manage notice generation, election tracking, premium administration, and direct billing for retirees, as well as provide regulatory compliance support and vendor integration. The contract duration is up to two years, with the possibility of two additional one-year extensions. Proposals must be submitted electronically via the ProcureNow portal by October 29, 2026, at 11:00 am. Award selection may be based on the lowest responsive bid or a points-based evaluation focusing on qualifications, method statement, history and experience, resource availability, and references. Mandatory submission requirements include a Statement of Ownership Disclosure, a notarized Non-Collusion Affidavit, and certifications regarding affirmative action and prohibited activities in Russia, Belarus, and Iran. The successful contractor must maintain specific insurance coverages, including a minimum of 1,000,000 dollars for Business Automobile and Umbrella liability, and at least 2,000,000 dollars per occurrence for certain data losses. Additionally, the vendor must ensure strict adherence to HIPAA regulations and New Jersey state statutory requirements.

Purchasing Division

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7 days ago

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AI Contract Overview

The Suffolk County Office of Central Procurement is seeking proposals from qualified licensed firms to provide comprehensive record keeping, investment products, and additional plan services for the Suffolk County 401(a) Terminal Pay Plan. This governmental plan, established under IRC Section 401(a), is specifically designed to manage terminal pay for County employees whose unions have negotiated this benefit through collective bargaining agreements. Solicitation number 2024-07 was posted on May 2, 2024, with a response deadline of June 14, 2024. Interested parties should coordinate with the primary point of contact, Tom Malanga, regarding this New York state based opportunity.

General Info

Suffolk County seeks licensed firms for 401(a) Terminal Pay Plan record keeping and investments.

Agency

New York → Suffolk County

NAICS

524292 - Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds

Place of Performance

NY, USA

Set-Aside

NONE

Documents

No documents available

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Timeline

PhaseClosed

PostedMay 2

Solicitation

Response DeadlineJun 14

Deadline has passed

Submission Closed

06/14/2024, 12:00:00 AM UTC

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Organization & Contact Information

AgencyNew York → Suffolk County

Contacts1 person available

OfficeN/A

Organization / AgencyNew York → Suffolk County

Office AddressN/A

Contacts

Tom Malanga

contact@example.gov

Full Description

The Suffolk County Office of Central Procurement, on behalf of the Suffolk County 401(a) Terminal Plan Board, invites Proposals from qualified licensed firms to provide record keeping, investment products, and other Plan services for a qualified governmental plan under IRC Section 401(a), designed to accept terminal pay for County employees of unions that have negotiated this benefit in a collective bargaining agreement with the County.