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  5. ›Section 125 Supplemental Employee Benefits Cafeteria Plan offerings…

Rhode Island Chariho Regional School District·Rhode Island

Section 125 Supplemental Employee Benefits Cafeteria Plan offerings RFP

Closes 4/21/2025$50k – $500kRequest for ProposalLogin required
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Description

The Chariho Regional School District is seeking proposals for Section 125 Supplemental Employee Benefits Cafeteria Plan offerings. The successful vendor will provide services related to these plans, including long-term disability, short-term disability, cancer insurance, accident insurance, critical illness insurance, whole life insurance, universal life insurance, and term life insurance. The plans will be offered to all eligible Chariho Regional School District employees on a voluntary basis. The vendor must provide detailed plan information, implementation process, and customer service program. • The vendor must have at least an A (Excellent) rating by the A.M. Best Company. • The vendor must be legally qualified and licensed to do business in the state of Rhode Island. • The vendor must provide enrollment data and changes, and stability. • The vendor must provide electronic download of enrollment to payroll system (Keystone Financial System). • The vendor must provide reports on a monthly basis to track the number of employees enrolled in each product and the corresponding deductions being taken.

Attached files

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

Contact

Kathy Koziol(Director of Administration and Finance)

[email protected]

(401) 213-6429

Key dates

Opened
3/26/2025
Questions due
4/8/2025
Closes
4/21/2025
Duration
12 months

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524110
Solicitation №
25-05

Budget estimate

$50,000 – $500,000

Based on the information provided, it is difficult to estimate the exact budget for this opportunity. However, considering the scope of the project, which involves providing various insurance plans to employees, the budget could range from $50,000 to $500,000 per year, depending on the number of employees, the types of plans offered, and the premiums charged. Factors that may influence the likely payment range include the vendor's experience, the quality of services provided, and the level of competition in the market.

AI estimate from the solicitation

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