FINANCIAL_SERVICESEXTENDED

Kapnick Benefits Administration Contract Extended Two Years

The School Board is asked to extend its contract with Kapnick & Company, Inc. for two additional years through June 30, 2028, at a total not-to-exceed amount of $1,206,643. Kapnick will continue administering employee benefit programs, including FSAs, COBRA, and enrollment processing, at existing per-employee pricing.

Status
EXTENDED
Document date
July 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Kapnick & Company Inc
Agency
Martin Luther King Jr. Education Center Academy · MI

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
Estimated annual cost $603,322; total not-to-exceed $1,206,643
Contract type
FINANCIAL_SERVICES
Contract term
July 1, 2026 – June 30, 2028
Renewal date
2028-06-30
Renewal
Extension of RFP 23-0078 TPA contract originally effective July 1, 2023 – June 30, 2026; two-year option exercised with no rate increase.
Document type
Agenda
Source document
Martin Luther King Jr. Education Center Academy Agenda Regular Board Meeting 2026-07-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Martin Luther King Jr. Education Center Academy?

Kapnick & Company Inc was awarded this financial services contract by Martin Luther King Jr. Education Center Academy, as recorded on July 14, 2026. The contract value is Estimated annual cost $603,322; total not-to-exceed $1,206,643.

How much is the Kapnick & Company Inc contract with Martin Luther King Jr. Education Center Academy worth?

The Kapnick & Company Inc contract with Martin Luther King Jr. Education Center Academy is valued at Estimated annual cost $603,322; total not-to-exceed $1,206,643, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Martin Luther King Jr. Education Center Academy Agenda Regular Board Meeting 2026-07-14 (Agenda), dated July 14, 2026 from Martin Luther King Jr. Education Center Academy. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kapnick & Company Inc hold?

Kapnick & Company Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Kapnick & Company Inc's profile

What is Martin Luther King Jr. Education Center Academy currently buying?

Explore Martin Luther King Jr. Education Center Academy's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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