Memorandum 15-113 Insurance Benefit Broker and Consulting Services Contract Award

Memorandum 15-113

TO:                                      MAYOR WYTHE AND HOMER CITY COUNCIL

THROUGH:                      KATIE KOESTER, CITY MANAGER

FROM:                                ANDREA BROWNING, PERSONNEL DIRECTOR

DATE:                                 JULY 20, 2015

SUBJECT:                        2015 INSURANCE BENEFIT BROKER AND CONSULTING SERVICES RFP

The City recently issued a Request for Proposals (RFP) for Insurance Benefit Broker and Consulting Services.

A team made up of staff consisting of Personnel Director Browning, Finance Director Li, and Employee Committee Member Jacobsen reviewed the Benefit Broker/Consultant proposals. Two proposals were reviewed and scored based on the requirements in the bid packet:
 

Wells Fargo Insurance Services $25,000 Seattle, WA

Mercer $42,000 Spokane, WA
 

It is recommended to award the proposal to Wells Fargo Insurance Services, Seattle, WA, for a total cost of $25,000 annually, since they were the lowest bid, are highly qualified, and met all the requirements of the bid packet.

RECOMMENDATION: Approve a three-year contract with the option to renew for an additional three (3) years if it is in the best interest of the City.