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State of West Virginia, Offices of the Insurance Commissioner·West Virginia

Statutory Exam of TrueScripts Management Services, LLC

Closes 1/20/2026$50k – $500k
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Description

The State of West Virginia, Offices of the Insurance Commissioner, is seeking a vendor to perform statutory and market conduct examinations of pharmacy benefit managers, specifically TrueScripts Management Services, LLC. The examination will be conducted in compliance with W. Va. Code 33-2-9 and in accordance with the Pharmacy Benefit Managers Act and the Health Benefit Plan Network Access and Adequacy Act. The selected vendor will be required to provide financial accounting services. Key aspects of the job include: • Performing statutory and market conduct examinations of pharmacy benefit managers • Compliance with W. Va. Code 33-2-9 and relevant acts • Providing financial accounting services • Working with the Offices of the Insurance Commissioner

Attached files

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

Contact

Beverley Toney(Buyer)

[email protected]

(304) 414-8473

Key dates

Opened
12/8/2025
Questions due
12/22/2025
Closes
1/20/2026

Last updated

Details

Industry
Financial Services
NAICS
541211
Solicitation №
ARFQ-0704-INS2600000001-1

Budget estimate

$50,000 – $500,000

Given the nature of the project, which involves performing statutory and market conduct examinations and providing financial accounting services, the budget could vary widely depending on the scope, complexity, and duration of the examination. However, without specific details on the contract value or the pricing structure, it's challenging to provide a precise estimate. Considering the project's potential scope and the requirement for specialized services, a reasonable estimate might range from $50,000 to $500,000. Factors influencing this estimate include the extent of the examination, the number of personnel involved, and the duration of the contract.

AI estimate from the solicitation

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