HomeMy WebLinkAboutSubstitute Cover Memobtkut 4c(-3E3 - GI- (69
CITY OF MIAMI, FLORIDA etatoin;;;VVe
INTER -OFFICE MEMORANDUM
Honorable Mayor and Members October 22, 2004
of the City Commission
Ramona Fiumara
Asst. Director Risk Mngt.
DATE
SUBJECT
ENCLOSUPES
FILE :
A resolution authorizing
the City Manager to
Execute an agreement with the
#1 ranked firm for RFP
#03-04-078 — Employee
Benefit Life & AD&D Plan
RECOMMENDATION
The following substitution is recommended for RE3 — 04-01169. This substitution changes the
wording of the resolution from "execute an agreement in a form acceptable to the City
Attorney", to "execute the attached agreement". In turn, it is respectfully recommended that
the City Commission adopt the attached resolution authorizing the City Manager to execute
the attached agreement, with the top ranked firm, Minnesota Mutual, for RFP #03-04-078 for
Employee Benefit Life and AD&D Plan. The agreement is for 3 years with 2 options to renew
for two years each. The funding will be provided from Account Code 514401.623301.6.655.
BACKGROUND
The City issued an RFP on August 20, 2004 for Employee Benefit Life & AD&D Plan
requesting quotes on the current coverage levels, as well as, optional voluntary life products.
The cost of the voluntary program would be paid for 100% by the employees. Responses for
this RFP were due to the City Clerk by September 20, 2004.
An evaluation committee analyzed the proposals received and made a recommendation to the
City Commission to allow the right to negotiate with the top ranked firm. The City
Commission authorized permission to negotiate with these firms at the October 14, 2004
meeting. The attached agreement has been successfully negotiated to the City's satisfaction
and is ready for implementation.
Thank you.