WEX Health — Employee financial wellness
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Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
This cooperative purchasing contract, identified as solicitation number 031623, is an agreement between Sourcewell and WEX Inc., doing business as WEX Health, for the provision of Employee Financial Wellness Programming and Related Employer-Sponsored Financial Solutions. The contract is designed for use by participating government and non-profit entities across the United States and Canada. The scope of services encompasses a variety of financial wellness tools, including health care savings vehicles, student loan services, employee loans, and credit counseling or financial wellness coaching. The agreement was established following a competitive Request for Proposals process that opened on January 26, 2023, and closed on March 16, 2023. WEX Health was one of several vendors recommended for award by the evaluation committee and approved on May 12, 2023. The contract includes specific pricing requirements and warranty terms, with an expiration date of May 29, 2027. To support these services, WEX Health utilizes its LEAP technology platform, which incorporates comprehensive security policies, identity verification, and fraud monitoring to ensure the integrity of benefit administration.
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