Worker's Compensation Cost Containment Service - Pharmacy Benefit Management

Project Information

Bid Title: Worker's Compensation Cost Containment Service - Pharmacy Benefit Management
Issuing Agency: City of Albuquerque
Location: New Mexico
Published Date: Feb 4, 2026
Closing Date: Feb 13, 2026
Government Level: State & Local
Status: Closed
Ref. #: RFP-2025-744-DFA-ID
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Project Description: Project: Worker's Compensation Cost Containment Service - Pharmacy Benefit Management

Ref. #: RFP-2025-744-DFA-ID

Type: RFP

Status:
Open

Open Date: Jan 7th 2026, 5:00 PM MST

Questions Due Date: Jan 27th 2026, 2:00 PM MST

Close Date: Feb 13th 2026, 4:00 PM MST

Project Description: The City of Albuquerque is soliciting proposals from qualified Offerors to provide Pharmacy Benefit Management (PBM) services for its Risk Management Division, part of the Department of Finance and Administrative Services. Through this RFP, the City seeks to establish an agreement with a PBM provider that delivers exceptional service, optimal value, and cost-effective solutions. For the purposes of this solicitation, PBM encompasses the administration of prescription drug programs specifically related to workers’ compensation claims.
Commodity Codes: NAICS 541611Administrative Management and General Management Consulting Services

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