Stop Loss

The University of Oklahoma is seeking a qualified vendor to administer its Stop Loss program. The selected vendor will be expected to deliver high-quality service and ensure the program is managed in a cost-effective manner, maximizing value for the University and its partners. The scope of work includes the administration of the Stop Loss program, and the University prefers to award a contract to a single supplier. The contract will be awarded based on the evaluation criteria, which includes price, skill, business practices, previous work record, experience, financial resources, quality of materials, facilities, personnel, service reputation, and ability to comply with state, federal, and local laws. • The University is looking for a vendor with experience in the industry and a proven track record of delivering high-quality services. • The vendor will be required to provide a detailed pricing proposal, including all costs and expenses associated with the administration of the Stop Loss program. • The University reserves the right to award a contract to multiple suppliers if it is determined to be in the best interest of the University. • The contract will be governed by the rules and definitions set forth in the solicitation, including the general terms and conditions, insurance requirements, and scope of work.