CONTRACTAPPROVED

Town of Concord Awards Insurance Contract to BCBSNC (February 2024)

Town of Concord
Disclosed value
$14,417,000 gross medical budget; $12,900,000 net
From agenda
Approved
Feb 8, 2024
Term
Fiscal Year 2025

The 30-second brief

What it covers

The City Council approved FY25 benefit plan rates, with BCBSNC continuing as the plan administrator. The City Manager is authorized to negotiate and finalize contracts for a projected gross budget of $14,417,000.

Who holds it

BCBSNC holds this insurance contract with Town of Concord. Its other public contracts on record include work for Buncombe County and City of Sanford.

What happens next

Term as filed: Fiscal Year 2025.

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Contract details

Contract type
Insurance
Amount
$14,417,000 gross medical budget; $12,900,000 net
Document date
February 8, 2024
Term
Fiscal Year 2025
Vendor
BCBSNC
Source document
town-of-concord-city-council-agenda-february-8-2024_639.pdf (Agenda)

BCBSNC's other public contracts

More Town of Concord contracts

Questions about this contract

Who was awarded the insurance contract by Town of Concord?

BCBSNC was awarded this insurance contract by Town of Concord, as recorded on February 8, 2024. The contract value is $14,417,000 gross medical budget; $12,900,000 net.

How much is the BCBSNC contract with Town of Concord worth?

The BCBSNC contract with Town of Concord is valued at $14,417,000 gross medical budget; $12,900,000 net, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in town-of-concord-city-council-agenda-february-8-2024_639.pdf (Agenda), dated February 8, 2024 from Town of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does BCBSNC hold?

BCBSNC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Concord currently buying?

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

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