Sherman ISD Picks First Financial for Section 125

Sherman ISD administration recommends entering into an agreement with First Financial Administrators, Inc. to serve as the Section 125 flexible benefits plan administrator for the 2026-2027 school year. The board is asked to approve the firm as the district’s third-party administrator in compliance with Texas Administrative Code § 85.1.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

2026-2027

Renewal date

2027-06-30

Renewal

Board motion seeks approval of First Financial Administrators, Inc. as Section 125 Administrator for the 2026-2027 plan year; any future renewals beyond that term are not specified.

Document type

Agenda

Source document

Sherman Independent School District Agenda Consider Approval of RFP 313-2026 Section 125 Administrator 2026-05-19

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Sherman Independent School District?

First Financial Administrators Inc was awarded this financial services contract by Sherman Independent School District, as recorded on May 19, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Sherman Independent School District Agenda Consider Approval of RFP 313-2026 Section 125 Administrator 2026-05-19 (Agenda), dated May 19, 2026 from Sherman Independent School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Financial Administrators Inc hold?

First Financial Administrators 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.

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What is Sherman Independent School District currently buying?

Explore Sherman Independent School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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Scope & details

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Frequently asked questions

Who was awarded the financial services contract by Sherman Independent School District?

What type of contract is this?

Where was this contract approved?

What other contracts does First Financial Administrators Inc hold?

What is Sherman Independent School District currently buying?

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