TITLE
Consider a memorandum/resolution approving the renewal of a professional services contract with Lockton Dunning Benefits for self-funding consulting services in an amount not to exceed $95,000.
SUMMARY
DATE: July 6, 2021
TO: Kent Cagle, City Manager
FROM: Eva Bark, Executive Director of Human Resources
SUBJECT: PROFESSIONAL SERVICES AGREEMENT WITH LOCKTON DUNNING BENEFITS FOR SELF-FUNDING CONSULTING SERVICES
BACKGROUND AND FINDINGS:
Last year, staff utilized the Request for Qualification (RFQ) process to select a qualified, innovated consultant to provide effective services in transitioning to a self-insured employee health insurance platform. The City of Killeen accepted a contract with Lockton Dunning Benefits. The contract is effective August 1, 2020 for fourteen (14) months.
This year, as we transition into self-insured healthcare, staff is requesting approval to extend the contract with Lockton Dunning Benefits for FY 2022 since Lockton has been a great partner in assisting with the transition to self-insured.
In spring of FY 2022, after this transition year, staff will issue a Request for Qualifications again to identify and select a qualified benefits consultant.
THE ALTERNATIVES CONSIDERED:
Alternatives considered: (1) to not approve renewal with Lockton Dunning Benefits for consulting services and transition to self-insured healthcare; (2) approve renewal with Lockton Dunning Benefits for consulting services and transition to self-insured healthcare for the City of Killeen.
Which alternative is recommended? Why?
Staff recommends alternative two (2) because Lockton Dunning Benefits has been a great partner in assisting with the transition to self-insured healthcare.
CONFORMITY TO CITY POLICY:
Yes
FINANCIAL IMPACT:
Funding for these services ($95,000) are available in account 010-2305-418.47-01 ...
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