Voluntary Employee Benefits
| Agency: | Iowa State University |
|---|---|
| State: | Iowa |
| Type of Government: | State & Local |
| NAICS Category: |
|
| Posted Date: | Dec 14, 2023 |
| Due Date: | Jan 16, 2024 |
| Solicitation No: | RFQ-1000901 |
| Bid Source: | Please Login to View Page |
| Contact information: | Please Login to View Page |
| Bid Documents: | Please Login to View Page |
Bid Information
|
Contact Information
|
Attachment Preview
RFQ-1000901
Voluntary Employee Benefits
Issue Date: 12/14/2023
Questions Deadline: 1/2/2024 03:00 PM (CT)
Response Deadline: 1/16/2024 03:00 PM (CT)
Contact Information
Contact: Stacy Sassman
Address: Procurement Services
1340 Administrative Services Building
2221 Wanda Daley Drive
Ames 50011-1004
Phone: (515) 294-9390
Email: ssassman@iastate.edu
Page 1 of 23 pages
Deadline: 1/16/2024 03:00 PM (CT)
RFQ-1000901
Event Information
Number:
RFQ-1000901
Title:
Voluntary Employee Benefits
Type:
Request for Proposal (Public)
Issue Date:
12/14/2023
Question Deadline: 1/2/2024 03:00 PM (CT)
Response Deadline: 1/16/2024 03:00 PM (CT)
Notes:
Iowa State University of Science and Technology (ISU) is soliciting information from
qualified contractors to provide the goods and/or services described herein.
Contractors should read all materials carefully and note the due date.
Contractors must submit all questions in the "Questions" tab related to this bid
opportunity.
Bid responses will ONLY be accepted online via ISUBid. Please allow adequate
time to review and submit your response prior to the deadline.
Bid Attachments
ISU Instructions.pdf
Download
Review the instructions for important information. REVISED APRIL 2022
ISU General Terms & Conditions.pdf
Download
Review the general terms and conditions carefully and any exceptions should be listed in the "Attributes" section.
REVISED APRIL 2022
Insurance Language - Professional Services & Software Dev (On Campus) 09-
2021.pdf
Download
Insurance Requirements - Professional Services & Software Dev (On Campus) 09-2021.pdf
Bid Attributes
1 Evaluation Criteria
The evaluation of this RFP/RFQ may be based upon, but not limited to:
Demonstrated ability to provide quality services as evidenced by references
Contractors experience providing like services, especially with similar higher education institutions
Quality of services provided including program experience, model, process, enrollment, ease of usage, and
communications
Implementation support and timeline
Quality of customer and employee support offered
Billing management/Invoicing and reimbursements
Ability to meet University's IT requirements and integrations (if needed)
Read and understood
(Required: Check if applicable)
2 Term of the Contract
The initial term of the contract will begin upon the effective date of the awarded contract through December
31,2026.
The contract may be renewed for five additional one-year periods upon mutual written consent. Companies may
present pricing incentives for renewals that are longer than one-year in the Line Items tab.
Page 2 of 23 pages
Deadline: 1/16/2024 03:00 PM (CT)
RFQ-1000901
3 Company Presentations
The University reserves the right to request an on-site or virtual presentation of the proposed services and system
offered in response to this RFP. No date has been set for presentations.
4 Background
Iowa State University (ISU) is located in Ames, Iowa with extension offices and research centers throughout the
state. ISU has approximately 6,800 benefits eligible employees. Information about ISU's current employee benefits
options can be found at the following website: https://hr.iastate.edu/employee-benefits.
In a survey distributed to employees in 2022, employee sentiment toward voluntary benefits was high. University
Human Resources (UHR) is conducting this RFP to consider voluntary benefits as an additional option for
employees. Voluntary benefits will be designed to be fully expensed to the employee for any participation. Any costs
associated with the administration of the voluntary benefits will be born by the participant. ISU would support the
payroll deduction and transmission of dollars to the vendor and overall vendor management. UHR is seeking a
vendor that sources voluntary benefit vendors and manages voluntary benefits administration on behalf of ISU. UHR
is not interested in procuring individual lines of coverage.
5 Company Information and Background
6 Company Overview
Provide a brief company profile including date of incorporation, business composition (proprietorship, partnership or
incorporation), the state under which your business is organized, and any other pertinent information that can be
used to evaluate the proposal.
(Required: Maximum 4000 characters allowed)
7 Provide a brief description of your core business.
(Required: Maximum 1000 characters allowed)
8 Briefly describe your history and experiences for selecting and managing voluntary benefits
administration on behalf of clients.
(Required: Maximum 4000 characters allowed)
Page 3 of 23 pages
Deadline: 1/16/2024 03:00 PM (CT)
RFQ-1000901
9 What is the total number of employees at your firm and the total number of employees engaged in
voluntary benefits?
(Required: Maximum 1000 characters allowed)
1 Do you have an office in central Iowa?
0 If so, how many employees do you have doing business there? If no, provide the current company locations.
(Required: Maximum 1000 characters allowed)
1 How many voluntary benefit clients do you have?
1
(Required: Maximum 1000 characters allowed)
1 How many eligible lives are managed within your voluntary benefits practice?
2
(Required: Maximum 1000 characters allowed)
1 What is your average length of client relationships across your voluntary benefits business?
3
(Required: Maximum 1000 characters allowed)
1 Program experience, model and process
4
1 What are the top three distinguishing characteristics related to your approach, process or oversight
5 related to your voluntary benefits offering?
What are the key points of differentiation from your competitors?
(Required: Maximum 4000 characters allowed)
Page 4 of 23 pages
Deadline: 1/16/2024 03:00 PM (CT)
RFQ-1000901
1 How would you categorize your voluntary benefit business model?
6 A voluntary outsourcing firm, enrollment firm, consultant that is agnostic to how/where plans are communicated and
enrolled, other?
(Required: Maximum 4000 characters allowed)
1 What data will you need from ISU to develop and design a comprehensive voluntary benefits program?
7
(Required: Maximum 4000 characters allowed)
1 How will you determine the appropriate product offerings for our employees?
8
(Required: Maximum 4000 characters allowed)
1 What process do you use to determine the appropriate carriers for each product?
9
(Required: Maximum 4000 characters allowed)
2 Describe how you determine how many carriers to market to for each product.
0
(Required: Maximum 4000 characters allowed)
Page 5 of 23 pages
Deadline: 1/16/2024 03:00 PM (CT)
RFQ-1000901
Sign-up for a Free Trial, Government Bid Alerts
With Free Trial, you can:
You will have a full access to bids, website, and receive daily bid report via email and web.
See Also
State of Iowa Bid Opportunities Bid Information Bid Number RFB FY2024 #204 Solicitation
State Government of Iowa
Bid Due: 5/29/2024
Follow Tissue Dissociator/Homogenizer with heater system Active Contract Opportunity Notice ID 12505B24Q0173 Related
AGRICULTURE, DEPARTMENT OF
Bid Due: 5/17/2024
Bid Information Type Request for Proposal FY24 Status Issued Number RFP24-14 (Digester Gas
City of Iowa
Bid Due: 6/07/2024