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Kentucky Retirement Systems·Kentucky

Disability Retirement Reviews by Third Party Administrators

Closes 1/9/2026$500k – $2MRequest for Proposal
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Description

The Kentucky Retirement Systems is seeking a third-party administrator to provide disability retirement reviews. The selected vendor will be responsible for providing pre-claim administrative services, case management services, disability retirement review services, and medical assessment services. The vendor with the lowest total cost will receive the maximum score for the cost proposal portion of the solicitation. The cost proposal should include costs associated with the services provided in the scope of work, including monthly charges for pre-claim administrative services, cost per claim for case management services, and cost per review for disability retirement review services. • The vendor should have experience in providing disability retirement reviews and related services. • The vendor should have a strong understanding of the Kentucky Retirement Systems' requirements and regulations. • The vendor should be able to provide high-quality services at a competitive cost. • The vendor should be able to demonstrate their ability to perform the required services, including pre-claim administrative services, case management services, disability retirement review services, and medical assessment services.

Attached files

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

Contact

Jay Dutta

[email protected]

(502) 696-8726

Key dates

Opened
11/25/2025
Closes
1/9/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524292
Solicitation №
RFP-100-2600000151-1

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is difficult to estimate as the document does not provide a clear indication of the total contract value. However, based on the services required, it can be assumed that the contract value will be substantial, likely in the range of hundreds of thousands to millions of dollars. The cost proposal form provided in the document suggests that the vendor will be required to provide costs for various services, including pre-claim administrative services, case management services, disability retirement review services, and medical assessment services. The total proposed yearly cost for all services will be a key factor in determining the contract award. Factors that may influence the likely payment range include the number of claims to be processed, the complexity of the services required, and the level of expertise and resources required to provide the services. Given these factors, a rough estimate for the budget could be between $500,000 and $2,000,000 per year, depending on the scope and complexity of the services required.

AI estimate from the solicitation

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