CITY OF EL PASO, TEXAS
LEGISTAR AGENDA ITEM SUMMARY FORM
DISTRICT, DEPARTMENT, CONTACT INFORMATION:
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Details
All Districts
Purchasing and Strategic Sourcing, K. Nicole Cote, (915) 212-1092
Human Resources, Mary L. Wiggins, (915) 212-1267
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AGENDA LANGUAGE:
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Title
The linkage to the Strategic Plan is subsection: 6.5 - Deliver services timely and effectively with focus on continual improvement.
Award Summary:
The award of Solicitation 2024-0620R Actuarial Services & Consulting for Fire, Police Department, and Civilian Plan to Foster & Foster Consulting Actuaries, Inc., dba Foster & Foster, Inc., for a one (1) year term and an estimated award of $50,000.00. . This contract will provide actuarial and consulting services to assist the City in complying with all provisions of HB 2664 codified as ?802.1012 Texas Government Code in the review of five years of annual valuations and any experience studies regarding the El Paso Firemen's Pension Fund, El Paso Policemen's Pension Fund, and the City of El Paso Employees Retirement Trust Pension Fund.
Contract Variance:
Not applicable, new contract.
Department: Human Resources
Award to: Foster & Foster Consulting Actuaries, Inc., dba Foster & Foster, Inc.
City & State: Fort Myers, FL
Item(s): All
Initial Term:1 Year
Option Term: NA
Total Contract Time:1 Years
Annual Estimated Award: $50,000.00
Initial Term Estimated Award: $50,000.00
Option Term Estimated Award: NA
Total Estimated Award: $50,000.00
Account(s): 999 - 1000 - 99999 - 544050
Funding Source(s): General Fund
District(s): All
This was a Request for Proposal, service contract.
The Purchasing & Strategic Sourcing Department and the Human Resources Department recommend award as indicated to Foster & Foster Consulting Actuaries, ...
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