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NYSIF Audit Services for Pharmacy Benefits Management RFP 2026-88-INS

New York State Insurance Fund | State of New York logoNew York State Insurance Fund | State of New York
Due
Aug 4, 2026
Deadline passed
Posted
Jun 23, 2026
Contract term
5 years
Primary contact
Vincent Ginardi
(518) 437-4209

The 30-second brief

What they're buying

The New York State Insurance Fund (NYSIF) is soliciting proposals for financial and performance audit services of its Pharmacy Benefits Manager. The contract term is five years, with an anticipated workload of 300 hours per year.

What you must deliver

Preliminary work plan, Client list, Audit work product example, Fee schedule

How it's scored

Technical Proposal (65%), Financial Proposal (30%), MWBE/SBE/SDVOB Certification (5%)

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Summary

The New York State Insurance Fund (NYSIF) is soliciting proposals for financial and performance audit services of its Pharmacy Benefits Manager. The contract term is five years, with an anticipated workload of 300 hours per year.

EVALUATION CRITERIA

Technical Proposal65%
Financial Proposal30%
MWBE/SBE/SDVOB Certification5%

REQUIRED DELIVERABLES

4
  • Preliminary work plan
  • Client list
  • Audit work product example
  • Fee schedule

REQUIRED ATTACHMENTS

7
  • No Bid form
  • MacBride Questionnaire
  • Vendor Responsibility Questionnaire
  • NYS Certifications
  • Fee Schedule
  • Non-Disclosure Agreement
  • Mandatory Requirements Certification

REQUIRED STAFFING

Contract Liaison, Auditors

Submit to
[email protected] or 15 Computer Drive West, Albany, NY 12205
Scope location
Albany, NY
Reported agency
New York State Insurance Fund

Questions about this RFP

How do I respond to this RFP from New York State Insurance Fund | State of New York?

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is August 4, 2026. The solicitation specifies required deliverables that must be addressed in your response. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: [email protected] or 15 Computer Drive West, Albany, NY 12205. For questions, contact Vincent Ginardi.

Can small businesses or minority-owned firms bid on this RFP?

Most government agencies, including New York State Insurance Fund | State of New York in NY, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.

What happens after the RFP submission deadline?

After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.

Can I ask questions about this solicitation before submitting?

Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Vincent Ginardi at (518) 437-4209. Questions and answers are typically shared with all prospective bidders.

What staffing is required for this project?

This solicitation outlines specific staffing requirements. The required roles include: Contract Liaison, Auditors. Proposers should demonstrate relevant qualifications and experience for each required role.

What are the key deliverables?

The solicitation specifies the following deliverables: Preliminary work plan, Client list, Audit work product example, Fee schedule. Proposals should clearly address how each deliverable will be met.

Show 5 more questions

What are the evaluation criteria for this solicitation?

This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Technical Proposal (65%), Financial Proposal (30%), MWBE/SBE/SDVOB Certification (5%)" Vendors should carefully align their proposals with each criterion to maximize their score.

Where can I find more RFPs from New York State Insurance Fund | State of New York?

All active and historical solicitations from New York State Insurance Fund | State of New York are tracked and searchable. As a state agency, New York State Insurance Fund | State of New York regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.

What is the contract term for this solicitation?

The anticipated contract term is 5 years. Contract terms may include renewal options.

What documents are required to bid on this RFP?

Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: No Bid form, MacBride Questionnaire, Vendor Responsibility Questionnaire, NYS Certifications, Fee Schedule, Non-Disclosure Agreement, Mandatory Requirements Certification. Additionally, proposals should address staffing requirements as outlined in the solicitation. Review the full document from New York State Insurance Fund | State of New York for the complete list.

What is the scope of this project?

This solicitation defines a specific project scope. The scope covers the following locations: Albany, NY. Review the full solicitation for detailed scope requirements.

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