| | | | | | | |  | CITY OF PLANO
COUNCIL AGENDA ITEM |
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| | | | | | | | Council Meeting Date: 9/10/2018
Department: HR
Department Head: Shanté Akafia
Agenda Coordinator: Vernie Rambo |
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CAPTION
To approve an expenditure for the purchase of Third Party Administrator Services including Medical Administration, Dental, Behavioral Health, Flexible Spending, and Vision Insurance Premiums for one (1) year with one (1) one-year City optional renewal in the estimated annual amount of $1,685,850 from United Health Care for Human Resources Department; and authorizing the City Manager to execute all necessary documents. (Contract No. 2014-5-C, Modification No. 1 and Contract No. 2014-169-C, Modification No. 1) Approved
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FINANCIAL SUMMARY Operating Expense
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FISCAL YEAR:
FY2018-19 thru 2020-21
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Prior Year
(CIP Only) |
Current
Year
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Future
Years
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TOTALS |
| Budget |
0 |
0 |
3,371,700 |
3,371,700 |
| Encumbered/Expended Amount |
0 |
0 |
0 |
0 |
| This Item |
0 |
0 |
-3,371,700 |
-3,371,700 |
| Balance |
0 |
0 |
0 |
0 |
FUND(S): Health Claims Fund
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COMMENTS: This item approves a contract extension for a third-party administrator of the City's medical, prescription, and dental benefits for a term of one (1) year with one (1) one-year City optional renewal. The anticipated future cost is $3,371,700 ($1,264,387 in FY 2018-19, $1,685,850 in FY 2019-20, and $421,463 in FY 2020-21) and will be funded via regular employee and city contributions to the City's Health Claims Fund. |
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SUMMARY OF ITEM
The City is exempt from the competitive bid process for this purchase as allowed by Texas Local Government Code Chapter 252 Subchapter B Section 252.022(a)(4). (City of Plano Internal Contract 2014-5-C and 2014-169-C)
See Recommendation Memo.
Strategic Plan Goal:
Financially Strong City with Service Excellence
Plano Tomorrow Plan Pillar:
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