Change Order 1 to Purchase Order 200737 to Stop Loss Insurance Services, Inc.
From:
Jana Still, Department Director
Organization:
Human Resources
CAO Approval:
RECOMMENDATION:
Recommendation Concerning a Change Order, in Excess of $50,000, to Stop Loss Insurance Services, Inc., for Stop Loss Insurance for the County’s Self-Funded Health Insurance Plan - Jana E. Still, Human Resources Department Director
That the Board approve and authorize the County Administrator to execute the following Change Order 1, in excess of $50,000, adding funds for Stop Loss Insurance for the County’s Self-Funded Health Insurance Plan:
Department:
Human Resources
Division:
Benefits
Type:
Addition
Amount:
$630,000
Vendor:
Stop Loss Insurance Services
Purchase Order:
200737
Change Order:
1
Original Award Amount:
$210,000
Cumulative Amount of Change Orders Through This Change Order:
$630,000
New Purchase Order Total:
$840,000
[Funding Source: Fund 501, Internal Service Fund, Cost Center 150108, Object Code 54501]
BACKGROUND:
When the budget for 2019-2020 was approved for October 1, 2019, our Stop Loss and Administrative fees were not established for the upcoming plan year (January 2020 – December 2020). The Board approved the original Purchase Order to pay through December 2020 with Board Action CAR II-19, on October 3, 2019. USI went out to the market and received a renewal with our present provider with no increase in premiums for next plan year. This was approved by the Board on October 17, 2019 (CAR II-22). This Board Action is to increase Purchase Order 200737 to support paying our Stop Loss Premiums through September 30, 2020.
BUDGETARY IMPACT:
Funding for the above Purchase Orders is through Fund 501, Health Plan.
LEGAL CONSIDERATIONS/SIGN-OFF:
This is in accordance with Florida Statutes 112.09 and 112.0801.
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.
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.