USA(Colorado)
MGT-0493

RFP Description

The vendor is required to provide of benefits consulting and advisory services related to the strategic planning, design, implementation, maintenance, communication, and improvement of the city’s
employee benefits.
• Achieve the most cost-effective, yet service-focused access to insurance carriers and benefits networks. 
• Represent the city in negotiations, as needed, with providers on a wide range of issues including those related to fees, benefit levels, plan design, and special terms and conditions.
• Advise the city to ensure compliance with laws and regulations related to employee benefits. 
• High-level customer service and day-to-day support, as needed, in claim administration, escalation and re-adjudication of claims with the benefit administrator. 
• Review contracts with vendors to ensure accuracy and comprehensiveness of coverage; provide guidance in contract interpretation as needed. 
• Assist the city with the implementation and communication of new programs and benefits or changes to existing programs and benefits. 
• Provide general guidance on trends in benefits offered and eligibility requirements. 
• Determine and recommend the most economical funding methods for the benefit programs. 
• Provide modeling in order to establish annual premium rates, including cobra and retirees. 
• Provide annual reports outlining the contracted programs and their status, and a market analysis report describing the market conditions for each benefit. 
• This report will outline suggestions and recommendations for the city’s strategy and will include the following items:
o Complete list of policies, carriers, renewal dates, and rates.
o Evaluation of overall insurance programs compared to similar employers.
o Forecast of market conditions and forecasted impact to policy renewals.
o Income and expense for the prior year and a projection for the forthcoming year including projected adequate reserve plan levels.
o List of contract modifications and recommendations for each benefit.
o Account history, by benefit, of claims and premiums.
o Summary of activity on open, ongoing claims.
o Review of future goals and long-term strategy.
• Provide a high level of customer service to our organization to include evaluation of claims data, submission of executive reports and reconciliation of accounts. 
• Provide monthly and quarterly management reports for all benefit products. 
• The city’s purchasing department, assist with bid/proposal specifications and solicitation advertising for benefits related services. 
• Assist in revising and maintaining plan documents, including the preparation of amendments as needed; review for accuracy and appropriateness. 
• Provide innovative approaches to benefit challenges facing the city and make recommendations for benefit plan design changes. 16. provide answers or guidance to any general or technical benefit questions. 
• Assist in the appropriate preparation of any government filing or compliance review. 
• Analyze and make recommendations based on utilization and performance reports, statistical and financial reports, and plan specific data. 
• Assist the city in proactively monitoring and analyzing experience trends. provide timely alerts on changing patterns and suggest appropriate recommendations 
• Prepare and publish the city’s annual benefits guide and benefit highlights based on employment classification.
- Contract Period/Term: 1 year
- Questions/Inquires Deadline: June 19, 2025

Timeline

RFP Posted Date: Thursday, 12 Jun, 2025
Proposal Meeting/
Conference Date:
NA
NA
Deadline for
Questions/inquiries:
Thursday, 19 Jun, 2025
Proposal Due Date: Wednesday, 02 Jul, 2025
Authority: Government
Acceptable: Only for USA Organization
Work of Performance: Offsite
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