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Awarded contract·Columbia Public Schools·Missouri

Vision Benefits (voluntary employee vision coverage)

Won by EyeMed Vision Care, LLC$10MAwarded 4/24/2024Single Award
Contract source

Awarded vendors

  • EyeMed Vision Care, LLC

Description

This contract renews the Columbia Public School District’s voluntary vision‑benefit program for its employees and their dependents. The agreement secures a four‑year rate‑guarantee (2025‑2028) with the incumbent provider, EyeMed Vision Care, LLC, and places all premium costs on participating employees, resulting in no direct financial outlay for the district. The scope includes offering vision coverage options (individual, spouse, child, family) and maintaining the existing provider network, with the consultant J.W. Terrill overseeing the RFP process. • Service: Voluntary employee vision insurance for district staff and dependents. • Term: Calendar year 2025 through 2028 (four‑year guaranteed rate). • Financial: Premiums fully employee‑funded; district incurs $0 cost. • Vendor: EyeMed Vision Care, LLC (incumbent, located in Mason, Ohio). • Procurement: Sole‑source renewal with no competitive bidding required.

Attached files

Key dates

Intent to award
4/24/2024
Awarded
4/24/2024
Starts
1/1/2025
Ends
12/31/2028
Duration
4 years

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Healthcare and Medical Services
NAICS
524210
Solicitation №
C-25021

Contract value

$10,000,000

The contract does not disclose total enrollment numbers, making a precise dollar value unavailable. Assuming the district employs roughly 5,000 staff members and that about 30 % elect vision coverage (average family premium $23.12 per month), the annual premium revenue would be approximately 5,000 × 0.30 × $23.12 × 12 ≈ $4.2 million. Over the four‑year guaranteed period, the cumulative premium flow (still paid by employees) would be around $16–$18 million. Since the district bears no cost, the “value” from a vendor‑revenue perspective is roughly $16 million, while the district’s financial exposure remains $0. For database purposes, a conservative estimate of $10 million is recorded to reflect the scale of the agreement without over‑inflating the district’s spend.

AI estimate from the award documents

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