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This Government Contract opportunity from Tennessee was posted on April 21, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Risk Financing & Cost Optimization Consulting

Closed
State & Local

Contract Overview

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

Active Opportunities Like This One

NAICS: 524298
New
SLED
Benefits Administration and Third-Party Account ManagementThe contract involves the comprehensive administration of Flexible Spending Accounts, Health Savings Accounts, and Health Reimbursement Arrangements for the Department of Management Services in Florida. Key responsibilities include managing premium postings, processing adjustments and refunds, verifying dependent eligibility, and performing detailed financial reconciliations to ensure accuracy and compliance. The services require precise handling of participant data, timely reporting, and adherence to regulatory standards governing these tax-advantaged accounts. All activities must be conducted with a focus on operational efficiency, data security, and customer support to meet the needs of state employees and beneficiaries. This subcontract, classified under NAICS code 524298, is open for proposal with a response deadline of August 26, 2026. The work is expected to be performed in support of Florida’s public sector benefits infrastructure, though the exact physical location of performance is not specified. The contract emphasizes accountability in financial management and service delivery, requiring vendors to demonstrate experience in third-party account administration, systems integration, and compliance with state and federal benefit regulations. Interested parties must submit proposals through the Florida Marketplace platform by the stated deadline.
Department of Management Services

POSTED

7 days ago

DEADLINE

in 2 months

AI Contract Overview

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This contract focuses on consulting services aimed at analyzing existing insurance structures and recommending alternative risk financing solutions. The objective is to enhance cost efficiency and financial resilience through strategies such as captives, retentions, and risk pools. The contract is categorized as a subcontract under the NAICS code 524298, which relates to other insurance related activities. Issued by the Finance agency of Tennessee, the solicitation was posted on April 21, 2026, with a response deadline set for June 4, 2026. While specific location details and contact information are not provided, the contract clearly targets improvements in risk financing strategies to optimize insurance costs and support financial stability within the organization.

General Info

Consulting contract to analyze insurance and recommend cost-efficient risk financing strategies.

Agency

Tennessee → FinanceView Agency

NAICS

524298 - All Other Insurance Related Activities View NAICS

Place of Performance

TN, USA

Set-Aside

NONE

Documents

(0)

No documents available

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Timeline

PhaseClosed
Posted

subcontract

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyTennessee → Finance
ContactsNo contacts available
OfficeN/A
Organization / Agency
Tennessee → Finance
View Agency Profile
Office AddressN/A
ContactsNo contact information available

Full Description

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Analyze insurance structures and recommend alternative risk financing solutions such as captives, retentions, and risk pools to improve cost efficiency and financial resilience.