Opportunity
University of Alaska Fairbanks Bonfire #RFP 27P0026MOS
University of Alaska FSA third-party administration services
Posted
October 30, 2026
Respond By
November 25, 2026
Identifier
RFP 27P0026MOS
NAICS
524292
The University of Alaska is seeking a third-party administrator for its employee Flexible Spending Account program across the UA System. - Buyer: University of Alaska (UA), supporting benefit-eligible employees throughout the UA System; no more specific agency office is identified. - OEMs and vendors: No OEMs, vendors, or incumbent providers are named in the opportunity. - Requested service: End-to-end FSA administration, including participant account management, claim submission and adjudication, balance tracking, and account disbursements by direct deposit or debit card. No product quantities or part numbers are specified. - Technology and support: Online and mobile account access, electronic data exchange with UA enterprise systems, customer support suited to Alaska time zones, and employee education. - Notable requirements: Support compliance with IRC Section 125 and HIPAA; maintain auditability and administrative controls; provide accurate financial reconciliation and reporting; and support a seamless transition and reliable service across UA locations. - Contract term: The opportunity describes an upcoming five-year contract; specific start and end dates and option years are not provided.
Description
The University of Alaska seeks a qualified third-party administrator to administer its Flexible Spending Accounts program for benefit-eligible employees across the UA System. The selected contractor will provide a modern, scalable, compliant solution for the upcoming five-year contract period, including participant account management, claims processing, system integrations, and disbursements. Services also include compliance with IRC Section 125 and HIPAA, customer support tailored to Alaska time zones, employee education, and financial reconciliation and reporting. The stated goals include a seamless transition, high employee satisfaction, accurate accounting, and reliable operations across UA campuses and locations.