FINANCIAL_SERVICESRECOMMENDED

UMB Selected for 2027 HSA Administration

The City of Independence intends to utilize UMB within the approved benefits budget to administer health savings accounts for employees for the January 1 – December 31, 2027 plan year. This supports tax-advantaged medical savings for eligible plan participants.

Status
RECOMMENDED
Document date
September 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
UMB
Agency
City of Independence · MO

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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
Part of budgeted $26,356,600 (exact UMB share not specified)
Contract type
FINANCIAL_SERVICES
Contract term
January 1, 2027 – December 31, 2027
Renewal date
2027-12-31
Renewal
Annual HSA administration for the 2027 plan year; subject to renewal in future years.
Document type
Agenda
Source document
City of Independence Agenda Regular Meeting 2026-09-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Independence?

UMB was awarded this financial services contract by City of Independence, as recorded on September 1, 2026. The contract value is Part of budgeted $26,356,600 (exact UMB share not specified).

How much is the UMB contract with City of Independence worth?

The UMB contract with City of Independence is valued at Part of budgeted $26,356,600 (exact UMB share not specified), covering financial services work.

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 City of Independence Agenda Regular Meeting 2026-09-08 (Agenda), dated September 1, 2026 from City of Independence. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does UMB hold?

UMB 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 City of Independence currently buying?

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

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