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State Contract Reporting System

Florida Department of Financial Services: F.A.C.T.S

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Contract Information

 

Summary

Agency Name: DEPARTMENT OF FINANCIAL SERVICES

Agency Contract ID: RM060

Long Title: Pharmacy Benefit management

Vendor Name: CYPRESS CARE, INC

Total Contract Amount: $0.00

Total Budgetary Amount: $9,067,120.00

Total Payment To Date: $1,146,136.43

Date of Execution: 12/23/2008

General Description: Pharmacy Benefit management

Main Information

Agency Contract ID: RM060

FLAIR Contract ID: D0166

Short Title: Pharmacy

Long Title: Pharmacy Benefit management

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Closed or Expired

Date of Execution: 12/23/2008

Date of Beginning: 01/01/2009

Original End Date: 12/31/2011

New Ending Date: 06/30/2013

Agency Service Area: RM

Statutory Authority: Chapter 284

Contract Involves State or Federal Financial Assistance: No

Recipient Type:

Provide for Administrative Cost: No

Provide for Periodic Increase: No

Procurement Information

Authorized Advanced Payment: No

Method of Procurement: Exempt, health services including examination, diagnosis, treatment, prevention, medical consultation, or administration [s. 287.057(3)(e)5., F.S.]

State Term Contract ID:

Contract’s Exemption Justification: Health services administration contract exempt from competitive solicitation under F.S.287.054(f)5a

Agency Reference Number:

Business Case Study Done: No

Legal Challenges to Procurement: No

Outsourcing / Capital Improvements

Was the Contracted Function Previously Performed by the State: No

Was the Contracted Function Considered for Insourcing back to the State: No

Did the Vendor Make Capital Improvements on State Property: No

Budget Information

Original Contract Amount: $0.00

Total Contract Amount: $0.00

Total Recurring Budgetary Amount: $9,067,120.00

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $9,067,120.00

Total Unfunded Amount: ($9,067,120.00)

As of Date: 5/14/2013

Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$533,560.00 43-10-2-078001-43400100-00-100777-00 07/01/2012 2012-2013 E3
$533,560.00 43-10-2-078001-43400100-00-100777-00 07/01/2012 2012-2013 E2
$2,000,000.00 43-10-2-078001-43400100-00-100777-00 01/01/2012 2011-2012 E1
$3,000,000.00 43-10-2-078001-43400100-00-100777-00 07/01/2010 2010-2011
$1,500,000.00 43-10-2-078001-43400100-00-100777-00 01/01/2010 2009-2010
$1,500,000.00 43-10-2-078001-43400100-00-100777-00 01/01/2009 2008-2009


No Non-Recurring Budgetary records found for this contract.

Contract Change

Change Type Amendment Amount Agency Amendment Reference Change Description Amendment Effective Date Amendment Execution Date New Ending Date
Extension $0.00 E3 contract extension 01/01/2013 12/11/2012 06/30/2013
Amendment $0.00 A4 Fourth Amendment 08/01/2012 07/30/2012
Extension $0.00 E2 Extension of time. 06/30/2012 06/27/2012 12/31/2012
Amendment $0.00 A3 Third Admendment 01/01/2012 12/21/2011 06/30/2012
Extension $0.00 E1 6 month extension 01/01/2012 12/21/2011 06/30/2012
Amendment $0.00 A2 Second Amendment 01/01/2009 12/14/2009 12/31/2011
Amendment $0.00 A1 First Amendment 01/01/2009 04/14/2009 12/31/2011

Vendor

Name Line 1Name Line 2City State ZipMinority Vendor Designation
CYPRESS CARE, INC SUWANEE GA 300240000 Non-Minority

CFDA

No CFDA Codes found for the contract.

CSFA

No CSFA Codes found for the contract.
More Deliverable Number      Commodity/Service Type Major Deliverable Method of Payment
     
 MEDICAL SERVICES, ADMINISTRATION Pharmacy Benefit Management Services – Prescription Drugs priced at Average Wholesale Price less dis... Fixed Fee / Unit Rate
     
 MEDICAL SERVICES, ADMINISTRATION Pharmacy Benefit Management Services – administrative fees at 18.5% of fee schedule amount Fixed Fee / Unit Rate
 Displaying 1 to 2 of 2    


Payments are also referred to as expenditures (creating or incurring a legal obligation to disburse money) or disbursements (the payment of expenditures). Payments include disbursements and accounting adjustments made on a contract. Payments are always positive amounts while accounting adjustments may be positive or negative depending on the type of adjustment.

Payment Details

"Date" in the listing below indicates the date the payment voucher was recorded in the system, not the date the payment was issued.
More Fiscal Year Total Amount
     
 2014-2015 $0.00
     
 2013-2014 $50,345.20
     
 2012-2013 $1,095,791.23

If a payment or adjustment to a contract was made before July 1, 2012, the information may not be posted in this system.

Contract Documents


Click on the pdf icon or Agency Document Link to view the document
Document Type Document Reference # Executed Date Document Add Date Agency Document Link View
Original Contract Original Contract - D0166 12/23/2008 7/27/2012 11:16:59 AM
Amendment A1 04/14/2009 7/27/2012 11:09:09 AM
Amendment A2 12/14/2009 7/27/2012 11:10:48 AM
Amendment A3 12/21/2011 8/6/2012 1:50:14 PM
Amendment A4 07/30/2012 8/6/2012 1:55:46 PM
Extension E1 12/21/2011 7/27/2012 11:14:13 AM
Extension E2 06/27/2012 7/30/2012 12:07:18 PM
Extension E3 12/11/2012 11/26/2013 1:58:37 PM


Audit results posted prior to June 30, 2012, appear in a summarized form. As of July 1, 2012, the audit reporting process was expanded to include additional questions and comments from the Bureau of Auditing. As audits are captured in electronic format, they will be posted to this system. If you are interested in seeing audit reports by Fiscal Year and Agency Action Plans, please click here to navigate to the Transparency Florida Contract Audit page.

  • No audits have been conducted on this contract at this time.
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