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HomeMy WebLinkAboutMemo - Manager's Approval(-ITN" OF MI \NIL FLORID. I\TER-OFFICE 1IE\IOR.ANDC tiI TO: Emilio T. Gonzalez DATE: January 12, 2017 FILE: City Manager SUBJECT: Recommendation to Negotiate a Contract for an Employee 11 Voluntary Loan Program FROM: Annie Perez, CPPO, Director, Procurement Department REFERENCES: RFP No. 727382 ENCLOSURES: Evaluation Committee Appointment Memo; Evaluation Score Sheets Recommendation: Based on the findings below. the Procurement Department (Procurement) hereby recommends approval for negotiations to award a contract, pursuant to Request for Proposals No. 727382 (RFP), Employee Voluntary Loan Program (Program), to the apparent responsive and responsible Proposer, BMG Money, Inc. (BMG). Background: On November 6, 2017, the City of Miami (City), on behalf of the Risk Administration Department (Risk), issued RFP No. 727382 under full and open competition, to obtain proposals from qualified, experienced firms, to provide an employee voluntary loan program. Proposers were required to meet a!I of the minimum qualifications and other requirements established in the RFP, in order to be deemed qualified to provide the services. On November 20, 2017, one (1) proposal was received in response to the RFP. Subsequently, the proposal was reviewed by Procurement for responsiveness and deemed responsive. The proposal was further evaluated by an Evaluation Committee (Committee), comprising of City personnel and subject matter experts from outside of the City (see attached appointment memo). The Committee evaluated the proposals following the guidelines and technical and price criteria published in the RFP. Price proposals were scored subjectively, in conjunction with the written proposals. The preliminary scores are as follows: Proposer Technical Score Price Score (max. 360) (max. 40) Total Combined Score (max. 400) BMG Money, Inc. 289 L 25 314 The Committee decided to hold oral presentations, as further clarifications were needed on the proposal. Pursuant to City Code, Section 18-86, the solicitation included a five percent (5%) evaluation criteria in favor of proposers who maintain a local office as defined in Section 18-73. Since only one firm proposed, the preference points were not applied. The final scores after oral presentations are: Proposer Technical Score Price Score (max. 360) (max. 40) BMG Money, Inc. 338 23 Total Combined Score (max. 400) 361 PR 17401 Due diligence was conducted to determine responsibility, including verifying corporate status. There were no performance or compliance issues. and no adverse findings related to BMG's responsibility. Other: One voting Committee member, Jacques Joseph, was unable to participate due to scheduling conflicts. and was replaced by the alternate member, Mr. George Mensah. Another voting Committee member, Ms. Sandra Elenberg, informed the City on the day of the evaluation meeting that she was unable to attend due to illness in her family. The Committee voted to move forward without her, Negotiations: The Committee recommends that the City enter into negotiations with BMG. The following individuals will participate in the negotiations along with the assigned City Attorney: Lydia Osborne, CPPO, Assistant Director, Procurement Jair Espinoza, Group Benefits Manager Eli M. Feinberg, President, EMF & Associates, Inc. Consensus Statement: The Committee determined that BMG has the necessary qualifications, relevant experience and technical capacity required to meet the needs of the City and the City's employees. BMG has over six (6) years of experience in offering fixed-rate, fixed payment employee voluntary loan programs to over fifty-two (52) public sector employer clients, issuing over $175 million of loans to employees. BMG is in good standing with all applicable federal, state and local authorities where it has conducted business. BMG possesses sufficient resources and personnel to commit to the contract. BMG has never filed for bankruptcy and is in sound financial condition. BMG has no record of civil litigation or pending lawsuits involving criminal activities of a moral turpitude, and has not violated ethics laws, unfair trade practices or civil theft laws, or other such laws concerning the public trust. The City shall bear no liability. risk, or incremental cost, administratively or otherwise, from the Program's implementation and operation. The City shall not be a guarantor or secondary liable in any manner for the repayment of the leans, and responsibility for same shall strictly and solely be the employee applicant and BMG. BMG's proposed annual percentage rate will be negotiated. Consequently, as outlined in the consensus statement resented above, the ommittee recommends BMG for negotiations. 7/ / Copies of the score sheets tor pre- and post -orals, are attached for each Committee member, as well as a composite sci`sheet. � r Approved: I Date: Emilio T. Gonzalez, P .D.,leity Manager cc: Fernando Casamayor, Assistant City Manager/Chief Financial Officer Rafael Suarez -Rivas, Senior Assistant City Attorney Ann -Marie Sharpe, Director, Risk Lydia Osborne, Ph.D, CPPO, Assistant Director/Chief Negotiator, Procurement r/ PR 17401 2