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Awarded contract·City of Worcester·Massachusetts

Administration & Management - Workers' Comp. & IOD / HR

Won by FutureComp / USI Insurance$600kSingle Award
Contract source

Awarded vendors

  • FutureComp / USI Insurance

Description

The City of Worcester is procuring a comprehensive administration and management services package for its workers‑compensation and injured‑on‑duty (IOD) programs. The contractor will handle claim intake, investigation, adjudication, payment processing, medical coordination, reporting, litigation support, loss‑control consulting, and provide a secure online portal for HR staff. Compensation is structured as a flat annual fee for each program plus per‑case fees for medical‑bill review, utilization review, case management, loss‑control, and other ancillary services. The contract runs for two years with a possible one‑year extension at the City’s discretion. • Provides full‑service third‑party administration of WC and IOD claims for a self‑insured municipality. • Requires a senior‑level adjuster on‑site ≥ 40 hrs/week and a backup adjuster, plus optional nurse case‑management and surveillance services. • Compensation includes $90,455 (WC) + $98,550 (IOD) flat fees annually plus per‑service fees (e.g., $1.10 per medical‑bill line, $80 per utilization review, $105 per loss‑control hour).

Attached files

Key dates

Bids closed
10/11/2023
Contract modified
9/29/2023
Starts
12/1/2023
Ends
11/30/2025Renews
Duration
24 months

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524291
Solicitation №
CR-8073-W4

Contract value

$600,000

The RFP specifies flat annual fees of $90,455 for workers’ compensation and $98,550 for IOD, totaling $189,005 per year. Historical claim volumes (≈ 540 combined WC and IOD claims annually) and the per‑case fee schedule (e.g., $1.10 per medical‑bill line, $80 per utilization review, $105 per loss‑control hour) suggest additional annual costs in the range of $100‑$150 k, depending on claim complexity. Adding these to the flat fee yields an estimated annual contract value of roughly $300 k. Over the 24‑month base period, the contract value is therefore approximately $600 k, with a possible additional year (if renewed) raising the ceiling toward $900 k.

AI estimate from the award documents

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