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County Administrator's Report 12. 15.
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| BCC Regular Meeting |
Budget & Finance Consent |
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| RECOMMENDATION: |
Recommendation Concerning a Change Order to Purchase Order Number 190982, Stop Loss Insurance Services, Inc, for Health Insurance Administrative and Stop Loss Fees - Paulette Stallworth, Interim Human Resources Director
That the Board approve and authorize the County Administrator to execute the following Change Order Number 2, additional funds, in excess of $50,000, to Purchase Order number 190982, Stop Loss Insurance Services. The additional funds are to pay for the County's group health insurance administrative and stop loss fees:
| Department: |
Human Resources |
| Division |
Benefits |
| Type |
Addition |
| Amount |
$136,500 |
| Vendor |
Stop Loss Insurance Services |
| Purchase Order |
190982 |
| Change Order |
2 |
| Original Award Amount |
$456,891 |
| Cumulative Amount of Change Orders Through This Change Order: |
$140,000 |
| New Purchase Order Total |
$596,891 |
[Funding Source: Fund 501, Internal Service Fund, Cost Center 150108, Object Code 54501]
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| BACKGROUND: |
| While the budget for 2018-2019 was approved for October 1st, our stop loss and administrative fees were with Florida Blue and we incumbent $1,675,916.40 to support paying the fees. USI went out to the market August/September and we were able to reduce our Stop Loss Insurance starting January 1, 2019, with Stop Loss Insurance Services, Inc. There was $456,891 available in the cost center that was not incumbent to support paying the Stop Loss Insurance Services. Due to the reduction and moving to another stop loss vendor we un-incumber $145,000 to support the remainder of the year for Stop Loss Services. We completed Change Order 1 for $3,500, to pay the remainder of the premium for July. Change Order 2, in the amount of $136,500, should pay for August and September 2019 stop loss premiums. The money is available in the cost center. We are moving the money around to support our contractual requirements. |
| BUDGETARY IMPACT: |
| Funding for the above Purchase Orders is through Fund 501, Health Plan.
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| LEGAL CONSIDERATIONS/SIGN-OFF: |
| This is in accordance with Florida Statutes 112.09 and 112.0801.
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| PERSONNEL: |
| N/A |
| POLICY/REQUIREMENT FOR BOARD ACTION: |
| County Ordinance, Chapter 46, Article II, Section 46-64 providing for Board approval of Contracts of $50,000 or greater.
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| IMPLEMENTATION/COORDINATION: |
Upon Board approval, the Human Resources Department will generate a Change Order to increase the purchase order accordingly. The Human Resources Department will coordinate with the Office of Purchasing.
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