CONTRACTONGOING

GSD COVID Health Costs May Affect Premiums

New Mexico General Services Department | State of New Mexico logoNew Mexico General Services Department | State of New Mexico
Disclosed value
$4,899,200
From report
Document date
Aug 25, 2021

The 30-second brief

What it covers

The General Services Department’s health benefits program incurred over $14 million in COVID testing and treatment costs, eligible for federal reimbursement. If federal funds are not applied, these costs could be shifted to public employees via increased premiums.

Who holds it

General Services Department holds this insurance contract with New Mexico General Services Department | State of New Mexico. Its other public contracts on record include work for City of Los Angeles - LA Sanitation and Environment and Louisa County.

What happens next

Term as filed: COVID testing costs during pandemic period.

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Contract details

Contract type
Insurance
Amount
$4,899,200
Document date
August 25, 2021
Term
COVID testing costs during pandemic period
Source document
New Mexico Legislative Finance Committee Hearing Brief Funding Health and Risk Insurance Premiums for Public Employees 2021-08-25 (Report)

General Services Department's other public contracts

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Questions about this contract

Who was awarded the insurance contract by New Mexico General Services Department | State of New Mexico?

General Services Department was awarded this insurance contract by New Mexico General Services Department | State of New Mexico, as recorded on August 25, 2021. The contract value is $4,899,200.

How much is the General Services Department contract with New Mexico General Services Department | State of New Mexico worth?

The General Services Department contract with New Mexico General Services Department | State of New Mexico is valued at $4,899,200, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in New Mexico Legislative Finance Committee Hearing Brief Funding Health and Risk Insurance Premiums for Public Employees 2021-08-25 (Report), dated August 25, 2021 from New Mexico General Services Department | State of New Mexico. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does General Services Department hold?

General Services Department 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 New Mexico General Services Department | State of New Mexico currently buying?

Explore New Mexico General Services Department | State of New Mexico's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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