Title
Consider/Discuss/Act on a Resolution Authorizing the Interim City Manager to Execute a Contract with Smith & Associates Consulting for Employee Benefits Consulting Services
Summary
COUNCIL GOAL: Operational Excellence
MEETING DATE: May 19, 2015
DEPARTMENT: Human Resources and Purchasing
CONTACT: Kathryn Usrey, Interim Director of Human Resources;
Abri Sterlacci, Contract Administrator
RECOMMENDED CITY COUNCIL ACTION:
· Approval of Resolution
ITEM SUMMARY:
· This resolution awards a contract to Smith & Associates Consulting to provide employee benefits consulting services to the City of McKinney.
BACKGROUND INFORMATION:
· The City of McKinney issued a request for proposal (15-35RFP) for employee benefits consulting services in March 2015.
· Proposals for 15-35RFP were opened on March 26, 2015.
· A total of nine proposals were received.
· A committee of three evaluators (two from Human Resources and one from Finance) reviewed and ranked the proposals based on the following criteria:
o The firm's services meeting the objectives of the request and the needs and requirements of the City
o The cost of services
o The qualifications of the firm and the proposed project team/staff
o References and recent proven success
o Additional services and support provided
· Smith & Associates Consulting is recommended as the best value for the City of McKinney.
FINANCIAL SUMMARY:
· Funding is available in account number 015-2110-413.8516
· The services to be provided by the Benefits Consultant and the associated not-to-exceed annual costs include the following:
o Annual retainer for consulting services: $48,000
o Claims audit: $45,000
o Online enrollment system: $45,000
BOARD OR COMMISSION RECOMMENDATION:
· N/A