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  5. ›IFB S-1520 - Insurance Collection Services (High-Dollar Accounts -…

State University of New York (SUNY)·New York

IFB S-1520 - Insurance Collection Services (High-Dollar Accounts - $500-$2,500)

Closes 9/17/2026$1.3M – $6.3MInvitation for BidLogin required
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Description

SUNY Upstate Medical University intends to make an award under our discretionary authority, pursuant to New York State Finance Law Section 163(6) and New York State Education Law Section 355(a), for the above noted service. This procurement opportunity is limited to New York State businesses certified pursuant to Article 15-A and Article 17-B of the New York Sate Executive Law (Minority and Women Owned Business Enterprises and Service-Disabled Veterans' Businesses). For service requirements, including instructions on submitting a proposal, please view the Invitation for Bid, S-1520, Insurance Collection Services (High-Dollar Accounts - $500-$2,500) on our website, upstate.edu/finance/publicbid/bid.php. This procurement is subject to NYS Finance Law Section 139-j&k, also known as the Lobbying Law. Therefore, vendors are cautioned that the only permissible contact for this procurement is the individual(s) listed as the primary contact. Contacting any other individuals at Upstate in connection with this advertisement may constitute a violation of the NYS Finance Law. Failure to comply with this requirement can range from no contract award to debarment from sales to any New York State agency. The successful contractor will be required to submit applicable documents related to Vendor Responsibility, NYS Finance Law Section 139-j&k, and New York State Tax Law Section 5-a. The successful contractor will be required to submit valid and current NYS Workers' Compensation and Disability Benefits insurance certificates. Business enterprises awarded an identical or substantially similar procurement contract within the past five years: Kopp Billing Agency Minority / Women Business Enterprise contracting goals (MWBE) Total MWBE Goals: 100.00%

Attached files

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

Contact

Emily Brown(Contract Administrator)

[email protected]

(315) 464-8922

Key dates

Opened
8/7/2026
Closes
9/17/2026
Duration
5 years

Last updated

Details

Type
Invitation for Bid
Industry
Insurance
NAICS
524210
Solicitation №
IFB S-1520

Budget estimate

$1,250,000 – $6,250,000

The budget for this opportunity is difficult to estimate without more information about the specific services required and the volume of high-dollar accounts. However, considering the contract term is five years and the accounts range from $500 to $2,500, a rough estimate could be between $250,000 and $1,250,000 per year, depending on the number of accounts and the collection rate. This would put the total contract value between $1,250,000 and $6,250,000 over the five-year term.

AI estimate from the solicitation

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