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  5. ›Solicitation: FEBB-2026-01 Request for Proposal Third Party Adminis…

Alabama State Employees Insurance Board·Alabama

Solicitation: FEBB-2026-01 Request for Proposal Third Party Administrator Services

Closes 7/6/2026$1M – $5MRequest for Proposal
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Description

The State Employees Insurance Board (SEIB) of Alabama is seeking a qualified Third‑Party Administrator (TPA) to manage the full life‑cycle of its Flexible Spending Accounts (HRA), Health Reimbursement Accounts (HCRA), Dependent Care Reimbursement Accounts (DCRA), and Voluntary Insurance Plans (VIP) for roughly 32,600 eligible participants. The contract will cover enrollment processing, payroll integration, claims adjudication (including debit‑card transactions), COBRA administration, customer service, reporting, compliance (HIPAA, cyber‑security), and transition services from incumbent vendors, with a two‑year base term and up to three one‑year extensions. • Scope includes data processing, software support, claims handling, payroll deduction coordination, and premium collection for multiple benefit plans. • Vendor must demonstrate at least five years of TPA experience, with prior work for a state or local government serving ≥ 1,500 employees, and maintain required insurance and cybersecurity safeguards. • Pricing is fixed‑price per‑participant‑per‑month rates; proposals must remain firm for 180 days, and the award is slated for mid‑September 2026 with a performance start on January 1 2027.

Attached files

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

Contact

Chris Landry(Buyer)

[email protected]

(334) 263-8377

Key dates

Opened
6/2/2026
Questions due
6/10/2026
Closes
7/6/2026
Projected award
9/15/2026
Duration
2 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
RFP - 310 - FEBB-2026-01

Budget estimate

$1,000,000 – $5,000,000

The RFP does not disclose a contract ceiling. Based on the total annual participant contributions (~$37.6 M) and typical TPA administration fees ranging from 2 % to 5 % of contributions, annual vendor revenue could be roughly $0.75 M–$1.9 M. Over the base two‑year term this suggests a total contract value in the range of $1 M to $4 M, with extensions potentially raising the upper bound to $5 M.

AI estimate from the solicitation

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