City of Park Awards Insurance Contract to Regence Bcbs (January 2025)

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed 16% increase (exact amount not stated); replaces prior $2.9 million proposal from Aetna

Contract type

INSURANCE

Contract term

18-month agreement until January 2027

Renewal date

2027-01-31

Renewal

18-month rate guarantee. No auto-renewal stated, but typical procurement practice implies re-bid or renegotiate post-January 2027.

Document type

Budget

Source document

park_city_municipal_fiscal_year_2026_budget.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Park?

Regence Bcbs was awarded this insurance contract by City of Park, as recorded on January 1, 2025. The contract value is Not to exceed 16% increase (exact amount not stated); replaces prior $2.9 million proposal from Aetna.

How much is the Regence Bcbs contract with City of Park worth?

The Regence Bcbs contract with City of Park is valued at Not to exceed 16% increase (exact amount not stated); replaces prior $2.9 million proposal from Aetna, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a budget record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in park_city_municipal_fiscal_year_2026_budget.pdf (Budget), dated January 1, 2025 from City of Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Regence Bcbs hold?

Regence Bcbs 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 Regence Bcbs's profile

What is City of Park currently buying?

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

View City of Park's profile