DEPARTMENT: Human Resources
DEPARTMENT HEAD: Joe Angelo, Chief Human Resources Officer
COUNCIL DISTRICTS IMPACTED: City-Wide
SUBJECT:
Employee Benefits Consulting Contract
SUMMARY:
This ordinance authorizes the City Manager or her designee to execute a contract with Buck Consultants, LLC, for Employee Benefit Consulting for Civilian and retired employees for total compensation in an amount up to $256,200.00. The term of this contract commences upon execution and terminates upon completion of services, but no later than June 19, 2015.
BACKGROUND INFORMATION:
Benefits consultant services for the City of San Antonio employee benefits includes actuarial valuation analysis, cost analysis and validation studies for plan design changes and the development of strategies to effectively control costs while maximizing benefits to employees, retirees and dependents.
The consultant will provide guidance on services such as strategic planning, actuarial services, vendor management and compliance for all employee benefit plans. These services are an integral part of the annual budget process and legal compliance of the delivery of the employee benefits plans.
As a result of the RFP process, the evaluation committee recommends that Buck Consultants LLC, be awarded the Employee Benefit Plan Consulting contract.
ISSUE:
This Ordinance will execute a contract with Buck Consultants, LLC, authorizing an estimated annual expenditure of up to $256, 200.00 for the present contract year.
Execution of this ordinance will allow the City to use the consultant for services needed throughout the remainder of this fiscal year, without increasing overall costs to the City.
This contract will be awarded in compliance with the Small Business Economic Development Advocacy (SBEDA) Program, which requires contracts be reviewed by a Goal Setting Committee to establish a requirement and/or incentive unique to the particular contract in an effort to...
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