CONTRACTPENDING

Concord to Authorize FY26 Benefit Plan Contracts

Town of Concord
Disclosed value
Estimated net medical budget $13,884,000 for FY26; coworker contributions to increase by 5%
From agenda
Document date
Feb 13, 2025
Term
FY26 plan year

The 30-second brief

What it covers

Concord will consider FY26 benefit plan designs and authorize the City Manager to execute contracts with plan providers, including BCBSNC as medical plan administrator, supporting an estimated $13.88 million medical budget. Employee contributions are proposed to increase by 5% for the first time in six years.

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: FY26 plan year.

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Contract details

Contract type
Insurance
Amount
Estimated net medical budget $13,884,000 for FY26; coworker contributions to increase by 5%
Document date
February 13, 2025
Term
FY26 plan year
Vendor
BCBSNC
Source document
town-of-concord-agenda-major-economic-development-grants-fy26-benefit-rates-feb-13-2025_5c4.md (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 13, 2025. The contract value is Estimated net medical budget $13,884,000 for FY26; coworker contributions to increase by 5%.

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

The BCBSNC contract with Town of Concord is valued at Estimated net medical budget $13,884,000 for FY26; coworker contributions to increase by 5%, 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-agenda-major-economic-development-grants-fy26-benefit-rates-feb-13-2025_5c4.md (Agenda), dated February 13, 2025 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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