CITY OF EL PASO, TEXAS
LEGISTAR AGENDA ITEM SUMMARY FORM
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Details
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Purchasing and Strategic Sourcing, Claudia A. Garcia, (915) 212-0043
Human Resources, Mary L. Wiggins, (915) 212-1267
End
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Title
Discussion and action on the award of Solicitation 2025-0510R Stop Loss to Aetna Life Insurance Company for a one (1) year term and an estimated award of $5,987,728.00.
Contract Variance:
The difference based in comparison to the previous contract is as follows: An increase of $254,574.00 for the initial term, which represents an increase of 4.44% as a result of a higher number of employees.
Department:
Human Resources
Award to:
Aetna Life Insurance Company
City & State:
Hartford, CT
Item(s):
All
Initial Term:
1 Year
Option Term:
NA
Total Contract Time:
1 Year
Annual Estimated Award:
$5,987,728.00
Initial Term Estimated Award:
$5,987,728.00
Option Term Estimated Award:
NA
Total Estimated Award:
$5,987,728.00
Account(s):
209-3500-521370-14045-P1414
Funding Source(s):
Self-Insurance Fund
District(s):
All
This was a Request for Proposals Procurement - service contract.
The Purchasing & Strategic Sourcing and Human Resources Departments recommend award as indicated to Aetna Life Insurance Company the highest ranked offeror based on the evaluation factors established in the evaluation criteria for this procurement.
It is requested that the City Manager be authorized to establish the funding sour...
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