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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: 23-OIR-INS

Long Title: Pharmacy Benefit Manager Consultant Services

Vendor Name: INS REGULATORY INSURANCE SERVIC

Total Contract Amount: $124,500.00

Total Budgetary Amount: $124,500.00

Total Payment To Date: $124,500.00

Date of Execution: 04/16/2024

General Description: The Contractor shall provide and deliver to the Office: 1) examination processes, procedures, manuals and workpapers; and 2) training materials and employee training sessions relating to the statutorily required market conduct examinations of Pharmacy Benefit Managers (PBM).

Main Information

Agency Contract ID: 23-OIR-INS

FLAIR Contract ID: I974C

Short Title: I974C INS

Long Title: Pharmacy Benefit Manager Consultant Services

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Closed or Expired

Date of Execution: 04/16/2024

Date of Beginning: 04/16/2024

Original End Date: 09/30/2024

New Ending Date: 09/29/2025

Agency Service Area: COSMR

Statutory Authority: FS 626.8828(2)(a)

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: Agency Request For Proposals [s. 287.057(1)(b), F.S.]

State Term Contract ID:

Contract’s Exemption Justification:

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: $124,500.00

Total Contract Amount: $124,500.00

Total Recurring Budgetary Amount: $0.00

Total Non-Recurring Budgetary Amount: $124,500.00

Total Budgetary Amount: $124,500.00

Total Unfunded Amount: $0.00

As of Date: 4/16/2024

No Recurring Budgetary records found for this contract.

Non-Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$124,500.00 43-10-2-393001-43900110-00-100777-00 04/16/2024 2023-2024

Contract Change

Change Type Amendment Amount Agency Amendment Reference Change Description Amendment Effective Date Amendment Execution Date New Ending Date
Amendment $0.00 I974C A1 1YR Renewal 09/30/2024 09/23/2024 09/29/2025

Vendor

Name Line 1Name Line 2City State ZipMinority Vendor Designation
INS REGULATORY INSURANCE SERVIC PHIADELPHIA PA 191470000 Non-Minority (White) Woman, Non Certified

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
     
 Financial and Insurance Services 1. Examination Processes, Procedures, Manuals and Workpapers $90,000 2. Training Materials and Empl... Fixed Fee / Unit Rate
 Displaying 1 to 1 of 1    


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
     
 2024-2025 $124,500.00

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 - I974C 04/16/2024 4/16/2024 11:54:06 AM
Amendment I974C A1 09/23/2024 9/30/2024 2:07:49 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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