Spending Accounts & HSA

University of Oklahoma seeks a qualified professional firm to provide a bundled, high‑service‑level administration of Flexible Spending Accounts (FSA/DCFSA) and Health Savings Accounts (HSA) for its employees. The vendor must deliver a single platform (or tightly integrated platforms) that supports enrollment, debit‑card issuance, electronic claim processing, and ongoing account‑management services, with a dedicated team to serve OU’s large public‑sector workforce. The contract is for an initial one‑year term with a multi‑year rate guarantee and includes obligations for compliance with federal and Oklahoma regulations, data privacy, and accessibility standards. • Provide end‑to‑end FSA/DCFSA and HSA administration, including debit‑card solutions (single or separate cards acceptable). • Enable electronic claim file feeds from carriers, weekly invoicing for FSA claims, and bi‑weekly ACH contributions for HSA accounts. • Supply a dedicated account‑management and customer‑service team, attend four annual benefits fairs, and integrate with OU’s PeopleSoft benefits system. • Meet all applicable insurance, cybersecurity, HIPAA, and accessibility (WCAG 2.1 AA) requirements; submit required certifications and a signed NDA. • Offer competitive fee structures (no current fee schedule disclosed) and a performance‑guaranteed rate for the contract year.