Department
Finance
Requested Action
title
Request approval to renew an existing contract - Finance Department, 22RFP092722C-MH, Healthcare Benefits Consulting Services in an amount not to exceed $400,000.00 with The Segal Company (Southeast), Inc. (d/b/a Segal) to provide professional healthcare benefit consulting services. This action exercises the first of two renewal options. One renewal option remains. Effective dates: January 1, 2024, through December 31, 2024. (APPROVED)
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Requirement for Board Action (Cite specific Board policy, statute or code requirement)
In accordance with Purchasing Code Section 102-394(6), the Purchasing Department shall present all renewal requests to the Board of Commissioners at least 90 days prior to the contract renewal date, 60 days if the contract term is six (6) months or less.
Strategic Priority Area related to this item (If yes, note strategic priority area below)
Open and Responsible Government
Commission Districts Affected
All Districts ☒
District 1 ☐
District 2 ☐
District 3 ☐
District 4 ☐
District 5 ☐
District 6 ☐
Is this a purchasing item?
Yes
Summary & Background (First sentence includes Agency recommendation. Provide an executive summary of the action that gives an overview of the relevant details for the item.)
Scope of Work: This contract will provide professional healthcare consulting services including: draft healthcare benefits Request for Proposal (RFP) specification and provide technical assistance, premium rate development benefit analysis, financial analysis, review of plan documents for compliance, claims analysis, cost projections, plan design/cost share recommendations and associated estimated savings, determine annual healthcare budget, coordinate benefits education/training sessions, coordinate communication efforts, provide notification of regulatory requirements/changes, assist with statutory benefit forms and filings, and all other efforts needed to administer the County's medical, dental and vision self-insured and fully insured programs. Fiscal 2024 is the bid year for all the County’s health plans, which requires significant effort to evaluate, which is why the FY 2024 fee is significantly more than a regular renewal year of the County’s health plans.
Community Impact: None
Department Recommendation: Recommend approval
Project Implications: This contract is significant as it lends professional services to assist with management of healthcare benefits to both active and County retirees for the next five year award period.
Community Issues/Concerns: None noted
Department Issues/Concerns: None noted
Contract Modification
|
Current Contract History |
BOC Item |
Date |
Dollar Amount |
|
Original Award Amount |
23-0130 |
2/15/2023 |
$269,743.00 |
|
1st Renewal |
|
|
$400,000.00 |
|
Total Revised Amount |
|
|
$669,743.00 |
Contract & Compliance Information
Contract Value: $400,000.00
Prime Vendor: The Segal Company Inc. d/b/a Segal
Prime Status: Non-Minority
Location: Atlanta, GA
County: Fulton County
Prime Value: $400,000.00
Total Contract Value: $400,000.00
Total Certified Value: $0.00 or 0.00%
Exhibits Attached
Exhibit 1: Contract Renewal Form
Exhibit 2: Vendor Performance Report
Exhibit 3: Contractor Evaluation Renewal Form
Contact Information title
Hakeem Oshikoya, Finance Director 404-612-7641
Contract Attached
title
No
Previous Contracts
title
Yes
Total Contract Value
|
Original Approved Amount: |
$269,743 |
|
Previous Adjustments: |
$0.00 |
|
This Request: |
$400,000 |
|
TOTAL: |
$669,743 |
Grant Information Summary
|
Amount Requested: |
|
☐ |
Cash |
|
Match Required: |
|
☐ |
In-Kind |
|
Start Date: |
|
☐ |
Approval to Award |
|
End Date: |
|
☐ |
Apply & Accept |
|
Match Account $: |
|
|
|
Fiscal Impact / Funding Source
Funding Line 1:
426-999-S200-1160 Group health stabilization fund, Non-agency, Professional services, $400,000
|
Key Contract Terms |
|
Start Date: 1/1/2024 |
End Date: 12/31/2024 |
|
Cost Adjustment: |
Renewal/Extension Terms: One renewal option remains |
Overall Contractor Performance Rating:
Would you select/recommend this vendor again?
Yes
|
Report Period Start: |
Report Period End: |
|
4/1/2023 |
6/30/2023 |