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AGENDA ITEM REVIEW FORM |
4.A.
Employee Benefit Trust Board Meeting
- Meeting Date:
- 02/15/2024
- Department Head:
- Adela Cortez
- Submitted By:
- Maria Barajas Gutierrez, Human Resources Coordinator, Human Resources Department
ITEM:
Discussion and possible action on any and all matters regarding an amendment to the Professional Services Agreement with CBIZ Benefits & Insurance Services, Inc. (Kay Macuil, City Attorney)
SUMMARY:
The City of San Luis ("COSL") has issued the attached amendment to the professional services agreement with CBIZ Benefits & Insurance Services, Inc. to align with the provisions in the Request for Qualifications and Request for Proposals No. 2023-01("RFQ/RFP No. 2023-01") regarding any other sources of income.
The Price Proposal page of the RFQ/RFP No. 2023–01 states: “Any other sources of income, revenue, consideration, or compensation, including but not limited to commissions and overrides received by the Broker/Consultant in connection with the City’s account must be disclosed and either remitted to the City, or subtracted from the fee received from the City of San Luis.”
Since offerors relied on this provision when providing their fees during the RFP/RFQ process, this requirement needs to be incorporated into the contract. CBIZ agreed to this change, and an authorized vice president signed it.
The Price Proposal page of the RFQ/RFP No. 2023–01 states: “Any other sources of income, revenue, consideration, or compensation, including but not limited to commissions and overrides received by the Broker/Consultant in connection with the City’s account must be disclosed and either remitted to the City, or subtracted from the fee received from the City of San Luis.”
Since offerors relied on this provision when providing their fees during the RFP/RFQ process, this requirement needs to be incorporated into the contract. CBIZ agreed to this change, and an authorized vice president signed it.
RECOMMENDATION / SUGGESTED MOTION:
I MOVE TO APPROVE THE AMENDMENT TO THE CONTRACT WITH CBIZ BENEFITS & INSURANCE SERVICES, INC., AS PRESENTED.
Fiscal Impact
Fiscal Impact:
N/A