RFP 902768 Third-Party Administrator Services for Flexible Spending Accounts and Commuter Benefits

Description

It is the intent of these specifications, terms, and conditions to describe Third-Party Administrator Services for the County’s Flexible Spending Accounts and Commuter Benefits program being requested by the County.The County intends to award a three-year contract (with the option to renew for two years) to the Bidder(s) selected as the most responsive and responsible Bidder(s) whose response(s) conform to the RFP and meet the County’s requirements.Bidders may submit proposals for:Flexible Spending Account (FSA) Administration Services only;Commuter Benefits Administration Services only; orBoth FSA and Commuter Benefits Administration Services as a bundled solution.Bidders submitting proposals for only one service category must complete and submit the corresponding pricing table for that category. Bidders submitting proposals for both service categories must complete and submit the FSA pricing table, the Commuter Benefits pricing table, and the bundled FSA and Commuter Benefits pricing table.The County reserves the right, at its sole discretion, to:Award separate contracts for FSA Administration Services and Commuter Benefits Administration Services to different Bidders based on the highest-ranked proposal for each respective category; orAward a single contract for bundled FSA and Commuter Benefits Administration Services to the highest-ranked Bidder under the bundled proposal category.Proposals will be evaluated separately according to the service category or categories for which the Bidder submits a proposal. FSA-only proposals will be evaluated against other FSA proposals; Commuter Benefits-only proposals will be evaluated against other Commuter Benefits proposals; and bundled FSA and Commuter Benefits proposals will be evaluated as a separate category. Final award determination will be made in the best interest of the County.