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City of Franklin·Tennessee

Flexible spending account and dependent care services

Closes 9/12/2025$300k – $1.5MRequest for Proposal
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Description

The City of Franklin is seeking a vendor to provide Flexible Spending Account (FSA) and dependent care services to its employees. The selected vendor will be responsible for administering the FSA program, providing customer service, and ensuring compliance with relevant laws and regulations. The City is looking for a vendor that can provide a comprehensive FSA program, including debit card access, online account management, and timely reimbursement of claims. The contract term is expected to be three years, with the option to extend for up to two additional years. • Key services to be provided include FSA administration, customer service, and compliance with relevant laws and regulations • The vendor must have experience in providing similar services to similar clients • The vendor must be able to provide a comprehensive FSA program, including debit card access and online account management • The vendor must be able to ensure timely reimbursement of claims • The vendor must be able to provide excellent customer service to City employees

Attached files

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

Contact

[email protected]

(615) 550-6692

Key dates

Opened
8/28/2025
Questions due
9/9/2025
Closes
9/12/2025
Projected award
11/11/2025
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
524292
Solicitation №
2026-005 Addendum 1

Budget estimate

$300,000 – $1,500,000

Based on the services required, the estimated budget for this contract could be in the range of $100,000 to $500,000 per year, depending on the number of employees participating in the FSA program and the fees associated with the services provided. The total contract value over the three-year term could be between $300,000 and $1,500,000. Factors that may influence the likely payment range include the number of employees participating in the FSA program, the level of services required, and the fees associated with the services provided.

AI estimate from the solicitation

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