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AI- 4508   4. B. 1.    
Commissioners Court - Regular
Meeting Date: 07/24/2013  
Discuss/Award RFP No. 2935 – 13 Group Term Life Insurance
Submitted By: Elsa Saenz, Purchasing Department
Department: Purchasing Department  

Information
RECOMMENDATION
Discuss/Award RFP No. 2935-13 Group Term Life Insurance.
BACKGROUND
Proposals for group term life insurance for its employees were requested 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. The effective date for this contract is October 1, 2013. Award shall be on an “all or none” basis meaning the County shall award only one (1) contract for service of life insurance. If the premium rate would differ for the additional one (1) year terms, Offerors are encouraged to propose rates for one (1) year and for multiple years.
DISCUSSION
Benefit is a regular budget 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 Proposal Tab

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