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North Carolina Durham Public Schools·North Carolina

179-2425-266-VOLUNTARY_BENEFITS

Closes 5/29/2025$150k – $1.5MRequest for Proposal
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Description

Durham Public Schools is inviting proposals from licensed North Carolina providers of services for a period of three years in connection with their Section 125 Flexible Benefits Plan and underlying insurance benefit programs. The purpose of the RFP is to solicit offers from qualified licensed North Carolina insurance brokers to provide voluntary benefits and Section 125 services to Durham Public Schools in the areas of plan design, placement, and administration of insurance contracts, contract renewals, and the overall maintenance and administration of the Section 125 Flexible Benefits Plan. Key aspects of the job include: • Providing voluntary benefits and Section 125 services • Plan design, placement, and administration of insurance contracts • Contract renewals and maintenance of the Section 125 Flexible Benefits Plan • Consolidating all voluntary benefits work with a single broker • Meeting the needs of Durham Public Schools

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Tanita Nicholson(Purchasing Department)

[email protected]

Key dates

Opened
4/29/2025
Questions due
5/12/2025
Closes
5/29/2025
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
179-2425-266-VOLUNTARY_BENEFITS

Budget estimate

$150,000 – $1,500,000

The budget for this opportunity is difficult to estimate without more specific information about the scope of work and the number of employees covered by the benefits plan. However, based on industry standards, the annual cost of providing voluntary benefits and Section 125 services can range from $50,000 to $500,000 or more, depending on the size of the organization and the complexity of the benefits plan. For a three-year contract, the total budget could be in the range of $150,000 to $1,500,000 or more.

AI estimate from the solicitation

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