Procuring a PBM Consultant
Agency:Massachusetts Group Insurance Commission
State:Massachusetts
NAICS Code:524114
Industry:Healthcare and Medical Services
Solicitation ID:BD-26-1049-GIC00-07GIC-121631
10/3/2025
Pre-Bid Meeting Date:11/17/2025
Questions Due Date:11/3/2025
Close Date:12/2/2025
Project Duration:5 years
Last Updated:Please visit the bid source via the “Link to Bid Source” button below for documentation.
Cameron McBean(Director of Vendor Management)
Cameron.mcbean@mass.gov
(617) 727-2310
$500,000 – $2,500,000
The budget for this opportunity is not explicitly stated in the document. However, considering the scope of the project and the fact that the GIC has a budget of $2.4 billion for FY2026, it's possible that the budget could be in the range of $500,000 to $5 million per year, depending on the services provided and the consultant's fees. The total contract duration is expected to be 5 years, with an initial duration of 3 years and two optional 1-year renewals.
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