Flexible Spending Account Administration
- Finance, Human Resources
- 03/12/2013 2:45 PM
- 03/28/2013 3:00 PM
Registration is closed.
Wells Fargo Insurance Services is requesting proposals on behalf of the Town of Leesburg, VA to provide flexible spending account administration for its employees. It is the intent of this Request for Proposal (RFP) to solicit sealed proposals from qualified sources to establish a contract to provide flexible spending account administration for employees of the Town of Leesburg, Virginia.
The Town employs approximately 325 eligible employees. Currently, administration of the FSA is performed by AFLAC.
Under Section 125, the Town employees have access to health and dependent care flexible spending accounts.
The primary objectives of this market study for are to:
1. Solicit competitive bids for administration of flexible spending accounts;
2. Provide consistent, compliant benefits for all benefit-eligible employees;
3. Provide FSA plan documents, SPDs and communications materials;
4. Responsibly manage taxpayer dollars
Offerors are encouraged to recommend additional options as the the most viable and feasible means to achieve the objectives of the Town (as stated above).