bound_brook_board_of_education_regular_business_me.pdf
Flex Selected To Administer Employee FSA Plans
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Description
The Bound Brook Board of Education approved Flex as third-party administrator for employee Flexible Spending Accounts and Dependent Care FSAs for July 1, 2023 through June 30, 2024. Fees include $3.30 per member per month with a $50 minimum and a $200 annual setup and renewal charge.
Contract Details
Contract Amount
$3.30 per member per month (minimum $50.00/month) plus $200.00 annual setup & renewal fee
Vendor
FLEX
Agency
Bound Brook School District, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
November 19, 2025
Contract Term
July 1, 2023 – June 30, 2024
Renewal Date
2024-06-30
Renewal Info
Contract term through June 30, 2024; ongoing services and fees would require renewal by the board.
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