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Awarded contract·Henrico County·Virginia

Third Party Administrator Services for Workers' Compensation Claims

Won by Lodestar Claims & Risk Services, Inc.$6MAwarded 9/17/2026Single Award
Contract source

Awarded vendors

  • Lodestar Claims & Risk Services, Inc.

Description

This contract provisions third‑party administrator (TPA) services for workers’ compensation claims on behalf of Henrico County, Virginia. The County’s Purchasing Division issued a Notice of Intent to Award on September 17 2026, indicating that Lodestar Claims & Risk Services, Inc. will perform claim intake, medical bill review, benefits administration, and related litigation support for county employees’ workers‑compensation cases. The award follows a competitive process (details not disclosed) and appears to be a single‑vendor award. Key points include: • Scope: Full administration of workers‑compensation claims for the County. • Awardee: Lodestar Claims & Risk Services, Inc. • Procurement: Intent to award issued September 17 2026; no further timelines or performance dates disclosed. • Contact: County procurement phone (804) 501‑5660; vendor contact information not provided in the excerpt.

Attached files

Key dates

Intent to award
9/17/2026
Awarded
9/17/2026

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Insurance
NAICS
524291
Solicitation №
26-2959-5JOK

Contract value

$6,000,000

No explicit contract value is provided. A typical county‑level TPA contract for a mid‑size jurisdiction like Henrico County often ranges from $1 million to $5 million annually, depending on the volume of claims and service scope. Assuming a three‑year base period and an average annual spend of $2 million, a reasonable ballpark estimate would be roughly $6 million total. Factors influencing this estimate include the size of the county workforce, historical workers‑compensation claim frequency, and the vendor’s fee schedule (often expressed as a percentage of claim payouts).

AI estimate from the award documents

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