Ventura Unified Awards Insurance Contract to Group Purchasing Organization (December 2022)
- Disclosed value
- Up to $25,772,544 total employer contribution for 2023-2024 and 2024-2025 health and welfare premiums
- From contract
- Approved
- Dec 13, 2022
- Term
- July 1, 2023 – June 30, 2025
The 30-second brief
Ventura Unified School District and VESPA agreed to move to a new Group Purchasing Organization for health and welfare benefits effective July 1, 2023, with the district committing up to $25,772,544 in employer contributions through June 30, 2025. The contract includes a medical cost trigger requiring renewed bargaining if total costs exceed 90% of the capped amount.
Group Purchasing Organization holds this insurance contract with Ventura Unified. Its other public contracts on record include work for Hanover School District 28 and Hanover Community School Corporation.
Term as filed: July 1, 2023 – June 30, 2025.
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Contract details
- Contract type
- Insurance
- Amount
- Up to $25,772,544 total employer contribution for 2023-2024 and 2024-2025 health and welfare premiums
- Document date
- December 13, 2022
- Term
- July 1, 2023 – June 30, 2025
- Agency
- Ventura Unified
- Source document
- Ventura Unified School District and Ventura Education Support Professionals Association Contract 2022-2025 (Contract)
Group Purchasing Organization's other public contracts
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Questions about this contract
Who was awarded the insurance contract by Ventura Unified?
Group Purchasing Organization was awarded this insurance contract by Ventura Unified, as recorded on December 13, 2022. The contract value is Up to $25,772,544 total employer contribution for 2023-2024 and 2024-2025 health and welfare premiums.
How much is the Group Purchasing Organization contract with Ventura Unified worth?
The Group Purchasing Organization contract with Ventura Unified is valued at Up to $25,772,544 total employer contribution for 2023-2024 and 2024-2025 health and welfare premiums, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a contract record.
Where was this contract approved?
This contract appears in Ventura Unified School District and Ventura Education Support Professionals Association Contract 2022-2025 (Contract), dated December 13, 2022 from Ventura Unified. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Group Purchasing Organization hold?
Group Purchasing Organization 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 Ventura Unified currently buying?
Explore Ventura Unified's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.