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  5. ›RFP 2026-020 Health & Welfare Benefits Consulting

University of Maine·Maine

RFP 2026-020 Health & Welfare Benefits Consulting

Closes 4/30/2026$250k – $1.5MRequest for Proposal
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Description

The University of Maine System seeks a single qualified consultant or consulting firm to serve as the Health & Welfare Benefits Advisor for the entire university system. The consultant will provide comprehensive advisory, design, vendor‑management, cost‑containment, compliance, actuarial, and data‑analytics services across a wide array of employee‑benefit programs, including self‑insured medical, dental, vision, pharmacy benefit management, life/AD&D, disability, retiree Medicare Advantage, and wellness initiatives. The role includes strategic planning, negotiation support, regulatory guidance, and assistance with collective‑ bargaining data. The contract will be governed by the University’s Master Agreement and is expected to start July 1 2026, with an estimated award in May 2026. • Provide end‑to‑end consulting for medical, dental, vision, PBM, life, disability, retiree, COBRA, HSA/FSA/HRA, wellness, and related programs. • Deliver strategic plan design, vendor negotiation, cost‑containment analysis, actuarial support, regulatory compliance, and reporting for a system serving ~6,500 benefit‑eligible individuals. • Must be licensed in Maine, have public‑employer (non‑ERISA) experience, disclose any vendor compensation, and supply qualified staff with expertise in risk‑sharing/ACO arrangements.

Attached files

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

Contact

[email protected]

Key dates

Opened
4/2/2026
Questions due
4/9/2026
Closes
4/30/2026
Projected award
5/1/2026

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
2026-020

Budget estimate

$250,000 – $1,500,000

While the RFP does not disclose a total contract value, it notes a $50,000 internal approval threshold and describes a multi‑year, system‑wide consulting engagement covering extensive benefit programs for ~6,500 participants. Based on comparable higher‑education benefits advisory contracts, a realistic annual spend ranges from $250,000 to $500,000, with potential multi‑year totals between $500,000 and $1,500,000 depending on scope extensions and renewals.

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