INSURANCEAPPROVED

Town of Cheltenham Awards Insurance Contract to Delaware Valley Health Trust (dvht) (October 2024)

The Cheltenham Township Board of Commissioners approved a four-year contract with Delaware Valley Health Trust (DVHT) for the provision of employee group health insurance benefits starting January 1, 2025. The contract, selected after an RFP process, is expected to provide cost stability through a pooled, nonprofit model and an estimated $9.75M annual premium for the 2025 plan year.

Status
APPROVED
Document date
October 9, 2024
Contract type
INSURANCE
Vendor
Delaware Valley Health Trust (dvht)
Agency
Town of Cheltenham · PA

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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
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$9,752,042.16 (2025, est. annual); 4-year projected total varies by annual increase
Contract type
INSURANCE
Contract term
January 1, 2025 – December 31, 2028 (4 years)
Renewal date
2028-12-31
Renewal
Contract includes a 2026 renewal cap at 8.5% increase; 2027–2028 increases projected at 4.5% per year; subject to future Board review and approval per renewal cycle.
Document type
Minutes
Source document
Cheltenham Township Board of Commissioners Minutes October 2024

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Town of Cheltenham?

Delaware Valley Health Trust (dvht) was awarded this insurance contract by Town of Cheltenham, as recorded on October 9, 2024. The contract value is $9,752,042.16 (2025, est. annual); 4-year projected total varies by annual increase.

How much is the Delaware Valley Health Trust (dvht) contract with Town of Cheltenham worth?

The Delaware Valley Health Trust (dvht) contract with Town of Cheltenham is valued at $9,752,042.16 (2025, est. annual); 4-year projected total varies by annual increase, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Cheltenham Township Board of Commissioners Minutes October 2024 (Minutes), dated October 9, 2024 from Town of Cheltenham. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Delaware Valley Health Trust (dvht) hold?

Delaware Valley Health Trust (dvht) 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 Delaware Valley Health Trust (dvht)'s profile

What is Town of Cheltenham currently buying?

Explore Town of Cheltenham's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Cheltenham's profile

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