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HomeMy WebLinkAboutItem 08 - Insurance Consultant ServicesMEMOTO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: BRUNO RUMBELOW, CITY MANAGER MEETING DATE: APRIL 21, 2020 SUBJECT: APPROVAL OF AN ANNUAL CONTRACT FOR INSURANCE CONSULTANT SERVICES FOR GROUP HEALTH BENEFITS RECOMMENDATION: City Council to consider the approval of an annual contract for insurance consultant services for group health benefits with McGriff, Seibels & Williams Insurance Services for the Risk Department. FUNDING SOURCE: Funds for this purchase are available in account 100-44540-109-001 (Professional Services) for an amount not to exceed $50,000. BACKGROUND: In April 2019, City Council approved a contract for the consultant to assist with insurance placement for medical, dental, vision, life, disability and stop loss insurance coverage. The consultant also ensures that benefit designs are consistent with the strategic benchmarks, provides compliance tools and legislative information and provides data analysis on plans and performance. The contract was for an initial one-year period with a one-year renewal option. If approved, this will be the final renewal. This procurement will be made in accordance with Local Government Code Chapter 252, Subchapter B, § 252.022. General Exemptions (a) (4), professional services. Staff recommends approval. MH/LW