Title
Consider award of City of Coppell Request for Proposals (RFP) #206 and approval of a consulting agreement with HUB International for employee benefits consulting in the amount of $99,500.00; and authorizing the City Manager to sign any necessary documents.
Summary
The City released a request for proposals for benefits consultation and brokerage services. Ten responses were received and four were selected as finalists. After finalists presented to staff, HUB International was selected as the recommendation for being awarded the contract for services. If approved, HUB International will provide benefit consulting services to the City for all of its Health & Welfare plans. The services performed include strategic advice, benefit plan design consulting, contract and renewal negotiation, vendor recommendations, actuarial and budget support, and communication and open enrollment support.
Fiscal Impact:
The fiscal impact of this agenda item is $99,500, as budgeted and provided for in the Self-Funded Health Fund.
Staff Recommendation:
Staff recommends awarding the City of Coppell RFP #206 to HUB International for employee benefits consulting.
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