CONTRACTPENDING

City Council Sets FY25 Employee Health Benefit Contracts

Disclosed value: $14,417,000 (gross medical budget); $12,900,000 (net after coworker contributions); From agenda
Document date: Feb 8, 2024
Term: FY25

See who signed off on this contract.

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THE 30-SECOND BRIEF

What it covers

City Council approved the design for FY25 benefit plans and authorized the City Manager to negotiate and execute contracts with plan providers including BCBSNC. No increase in per-coworker cost is projected despite overall budget growth from increased enrollment.

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: FY25.

Contract details

Contract type: Insurance
Amount: $14,417,000 (gross medical budget); $12,900,000 (net after coworker contributions)
Document date: February 8, 2024
Term: FY25
Vendor: BCBSNC
Agency: Town of Concord
Source document: town-of-concord-city-council-agenda-february-8-2024_0a1.pdf (Agenda)

BCBSNC's other public contracts

Buncombe County, North CarolinaCounty Reviews BCBSNC Employee Health Plan Renewal Options · Aug 18, 2026Undisclosed City of Sanford, North CarolinaCity renews BCBSNC health insurance for 2026-2027 · May 5, 2026Undisclosed Town of Highlands, North CarolinaBCBSNC Submits 2026-27 Health Plan Renewal Proposal · Apr 30, 2026 City of Sanford, North CarolinaCity Renews BCBSNC Health Insurance Plan · Apr 21, 2026Undisclosed City of Sanford, North CarolinaCity Renews Employee Health Insurance With BCBSNC · Apr 21, 2026Undisclosed All BCBSNC contractsVendor profile

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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 after coworker contributions).

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 after coworker contributions), 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_0a1.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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