File #: 22-772    Version: 1 Name:
Type: Other Bids, Contracts, Procurements Status: Agenda Ready
File created: 6/14/2022 In control: City Council
On agenda: 6/22/2022 Final action:
Title: The linkage to Strategic Plan is subsection 6.2 - Implement employee benefits and services that promote financial security. Award Summary: Discussion and action of the award of Solicitation No. 2022-0194R Benefit Consulting Services to Gallagher Benefits Services, Inc., for an initial term of five (5) years for an estimated amount of $738,750.00. The award also includes a three (3) year option for an estimated amount of $443,250.00. The total contract value is, including the initial term plus options is eight (8) years, for an estimated amount of $1,182,000.00. Contract Variance: The difference based in comparison to the previous contract is as follows: An increase of $204,150.00 for the initial term, which represents a 38.19% increase due to higher hourly rates and new services added to this contract. Department: Human Resources Award to: Gallagher Benefits Services, Inc. Rolling Meadows, IL Item(s): All Initial Term: 5 years Option to Extend: 3 years Annual Es...
Attachments: 1. SOLICITATION 2022-0194R
CITY OF EL PASO, TEXAS
LEGISTAR AGENDA ITEM SUMMARY FORM


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Details
All Districts
Purchasing and Strategic Sourcing, Claudia A. Garcia, (915) 212-1218
Human Resources, Araceli Guerra, (915) 212-1401
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AGENDA LANGUAGE:
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Title
The linkage to Strategic Plan is subsection 6.2 - Implement employee benefits and services that promote financial security.

Award Summary:

Discussion and action of the award of Solicitation No. 2022-0194R Benefit Consulting Services to Gallagher Benefits Services, Inc., for an initial term of five (5) years for an estimated amount of $738,750.00. The award also includes a three (3) year option for an estimated amount of $443,250.00. The total contract value is, including the initial term plus options is eight (8) years, for an estimated amount of $1,182,000.00.

Contract Variance:

The difference based in comparison to the previous contract is as follows: An increase of $204,150.00 for the initial term, which represents a 38.19% increase due to higher hourly rates and new services added to this contract.

Department: Human Resources
Award to: Gallagher Benefits Services, Inc.
Rolling Meadows, IL
Item(s): All
Initial Term: 5 years
Option to Extend: 3 years
Annual Estimated Award: $ 147,750.00
Initial Term Estimated Award: $ 738,750.00 (5 years)
Option Term Estimated Award $ 443,250.00 (3 years)
Total Estimated Award: $1,182,000.00 (8 years)
Account No.: 209-3500-14045-521160-P1414
Funding Source Self Insurance Fund
District(s): All

This is a Request for Proposal, requirements contract.

The Purchasing & Strategic Sourcing and the Human Resources Departments recommend award as indicated to Gallagher Benef...

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