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File #: 20-5281   
Type: Staff Briefing - Without Ordinance
In control: Audit and Accountability Committee
On agenda: 9/15/2020
Posting Language: Basic Life and Accidental Death and Dismemberment, Voluntary Supplemental Life, and Dependent Life Insurance [Ben Gorzell, Chief Financial Officer; Lori Steward, Director, Human Resources]
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CITY OF SAN ANTONIO
HUMAN RESOURCES DEPARTMENT
Interdepartmental Correspondence

TO: Erik Walsh, City Manager

FROM: Lori Steward, Director, Human Resources

COPIES: Audit and Accountability Committee; Ben Gorzell, Jr., CPA, Chief Financial Officer; Kevin Barthold, City Auditor; Troy Elliott, CPA, Deputy Chief Financial Officer

SUBJECT: Consideration of Completed High Profile Solicitation

DATE: September 15, 2020

The following high profile project has completed the solicitation process. This item is presented to the Audit and Accountability committee for review prior to the full City Council for consideration.

Basic Life and Accidental Death and Dismemberment, Voluntary Supplemental Life, and Dependent Life Insurance - The Human Resources Department released a Request for Proposal (RFP) seeking responses from organizations qualified to provide Group Life and Accidental Death & Dismemberment, Voluntary Supplemental Life, and Dependent Life insurance coverage. The City's Employee Benefits program provides group term life insurance and AD&D insurance to approximately 11,265 benefit eligible uniformed and civilian employees at no cost to the employee. This benefit is equal to one times the employee's annual base salary up to $300,000. In addition, civilian employees may elect, at their own cost, voluntary supplemental term life insurance coverage equal to one to five times the employee's annual base salary. The sum of all basic and supplemental coverage is not to exceed $1.5 million per employee. Civilian employees may also enroll in dependent life insurance coverage for a spouse or domestic partner at $25,000 and for children at $10,000 each.

Solicitation Type: Request for Proposals
Contract Value: $8.5 Million
Term of Contract: 3 years with 2, 1-year renewal options
Release Date: March 16, 2020
Closing Date: May 6, 2020
Number of Respondents: 8 (One Respondent deemed non-responsive for failure to accept City's terms and conditions contained in the...

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