HomeMy WebLinkAbout032505 RES - 07/27/2021Resolution authorizing a three-year service agreement with two one-year extension
options with Vision Services Plan Insurance Company of Rancho Cordova, CA., to
provide third -party administration of the City's fully insured vision care in an
amount not to exceed $486,381.00 for a three-year period, or $810,635.00, if both
one-year extension options are exercised, funded 100% by participating employees
through payroll deduction.
WHEREAS, the group vision care plan, administered by the Human Resources
Department, provides eligible active employees, retirees, and their eligible dependents
and surviving spouses the choice to elect vision care coverage;
WHEREAS, with assistance of the City's benefit consultant, HUB International
Insurance Services, a Request for Proposal to provide group vision plan coverage was
advertised and issued on April 4, 2021;
WHEREAS, an evaluation team composed of City staff and the consultant
reviewed the responses and was unanimous in its recommendation that a contract be
offered to Vision Services Plan Insurance Company (VSP), providing the best value to
the city, for a three-year term, with an option to extend for up to two additional one-year
terms;
WHEREAS, the estimated costs for the three-year contract term with VSP is
$486,381.00 and;
WHEREAS, the City Council finds that a contract award to VSP provides the best
value to the City for group vision care coverage.
Now, therefore, be it resolved by the City Council of the City of Corpus Christi,
Texas:
SECTION 1. The City Manager or designee is authorized to negotiate and execute a
contract with VSP , having its principal office located in Rancho Cordova, California, to
provide group vision care coverage for a three-year term, with up to two one-year term
extensions, in accordance with Request for Proposal 3581.
632505
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SCANNED
PASSED AND APPROVED on the
Paulette M. Guajardo
Roland Barrera
Gil Hernandez
Michael Hunter
Billy Lerma
John Martinez
Ben Molina
Mike Pusley
Greg Smith
ATTEST:
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Re:ecca Huerta
City Secretary
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Paulette M. Guajardo
Mayor
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CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly
authorized representative), hereby certify to the City Council and other appropriate officers that
the money required for the current fiscal year's portion of the contract, agreement, obligation
or expenditure described below is in the Treasury to the credit of the Fund specified below, from
which it is to be drawn, and has not been appropriated for any other purpose. Future payments
are subject to annual appropriation by the City Council.
City Council Action Date: July 27, 2021 Legistar Number: 21-0644
Agenda Item:
Resolution authorizing a three-year service agreement with two one-year extension options with
Vision Services Plan Insurance Company of Rancho Cordova, CA., to provide third -party
administration of the City's fully insured vision care in an amount not to exceed $486,381.00 for
a three-year period, or $810,635.00, if both one-year extension options are exercised, funded
100% by participating employees through payroll deduction.
Amount $0.00
Fund Name
Accounting Unit
AcNoount
Activity No.
Amount
$0.00
Total
$0.00
X Certification Not Required
Director of Financial Services
Date: lb/ b4