Department
Finance
Requested Action (Identify appropriate Action or Motion, purpose, cost, timeframe, etc.)
title
Request approval to renew an existing contract - Finance Department, 21RFP10251C-MH, Life and Disability Broker Services in an amount not to exceed $95,000.00 with Benalytics Consulting Group, LLC (Marietta, GA) to provide life and disability broker services. This action exercises the first of two renewal options. One renewal option remains. Effective dates: January 1, 2023 through December 31, 2023. (APPROVED UPON ADOPTION OF THE CONSENT AGENDA)
body
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 insurance brokerage services to include but not limited to the marketing/placement of life & disability, voluntary benefits insurance coverages, claim advocate services, and related insurance/program consulting services.
Community Impact: None
Department Recommendation: The Finance Department recommends renewal.
Project Implications: None
Community Issues/Concerns: None
Department Issues/Concerns: None
Contract Modification
|
Current Contract History |
BOC Item |
Date |
Dollar Amount |
|
Original Award Amount |
22-0320 |
5/4/2022 |
$95,000.00 |
|
1st Renewal |
|
|
$95,000.00 |
|
Total Revised Amount |
|
|
$190,000.00 |
Contract & Compliance Information (Provide Contractor and Subcontractor details.)
Contract Value: $95,000.00
Prime Vendor: Benalytics Consulting Group, LLC
Prime Status: African American Male Business Enterprise-Certified
Location: Marietta, GA
County: Cobb County
Prime Value: $95,000.00 or 100.00%
Total Contract Value: $95,000.00 or 100.00%
Total M/FBE Value: $-0-
Exhibits Attached
Exhibit 1: Contract Renewal Agreement
Exhibit 2: Contract Renewal Evaluation Form
Exhibit 3: Contractor Performance Report
Contact Information (Type Name, Title, Agency and Phone)
title
Ray Turner, Deputy Finance Director 404-612-7737
Melissa Barnett, Employee Benefits Manager, Finance 404-612-4243title
Contract Attached
title
Yes
Previous Contracts
title
Yes
Total Contract Value
|
Original Approved Amount: |
$95,000.00 |
|
Previous Adjustments: |
$0 |
|
This Request: |
$95,000.00 |
|
TOTAL: |
$190,000.00 |
Grant Information Summary
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Amount Requested: |
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☐ |
Cash |
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Match Required: |
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☐ |
In-Kind |
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Start Date: |
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☐ |
Approval to Award |
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End Date: |
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☐ |
Apply & Accept |
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Match Account $: |
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|
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Fiscal Impact / Funding Source
Funding Line 1:
725 999 P001 1243: Risk Management fund, Non-Agency, Claims
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Key Contract Terms |
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Start Date: 1/1/2023 |
End Date: 12/31/2023 |
|
Cost Adjustment: $0 |
Renewal/Extension Terms: 1 of 2 |
Overall Contractor Performance Rating:
Would you select/recommend this vendor again?
Yes
|
Report Period Start: |
Report Period End: |
|
1/1/2023 |
12/31/2023 |