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AI- 7304   3. U.    
Commissioners Court - Regular
Meeting Date: 05/11/2016  
Approve execution of an Order to renew term with AETNA for RFP No. 2935-13 Group Term Life Insurance.
Submitted By: Elsa Saenz, Purchasing Department
Department: Purchasing Department  

Information
RECOMMENDATION
Approve execution of an Order to renew term with AETNA for RFP No. 2935-13 Group Term Life Insurance.
BACKGROUND
Proposals for group term life insurance for its employees were received for an initial term of one (1) year with the option to renew. Each renewal, if mutually acceptable to the Offeror and Nueces County, will be in twelve (12) month increments, not to exceed three (3) years additional extensions past the initial term.

Court has approved the initial term and 1 extension. Term is due to end on September 30, 2016.  
DISCUSSION
Order is to exercise the third renewal term extending the contract to September 30, 2017. The rates will remain the same. This is a regularly budgeted item. Supplement insurance is paid by County employees.

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers

Attachments
RFP 2935-13 Order

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