Print PDF Return
AI- 8386   4. D. 1.    
Commissioners Court - Regular
Meeting Date: 04/26/2017  
Discuss and award RFP 3038-17 Group Term Life Insurance.
Submitted By: Elsa Saenz, Purchasing Department
Department: Purchasing Department  

Information
RECOMMENDATION
Discuss and award RFP 3038-17 Group Term Life Insurance.
BACKGROUND
Nueces County received proposals from firms qualified to provide group term life insurance for its employees. Nueces County desires group term life insurance policies that are the same as or better than the one currently in place. Nueces County provides $15,000 on each employee; additional life insurance may be purchased by the employee. AD&D (Accidental Death & Dismemberment) is included in the present policy. The term for this contract is 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, 2017. 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. All provisions of this contract, except for term and price, shall remain unchanged and in full force and effect. County shall have the right to exercise an extension of the term for all or a portion of the individual or collective coverage’s in any combination it deems necessary.
DISCUSSION
Eight proposals were received. One individual submitted a packet indicating that they are the agent for some of the companies that submitted proposals.

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 3038-17 proposal tab

AgendaQuick©2005 - 2019 Destiny Software Inc., All Rights Reserved