title
PROPOSED CONTRACT AMENDMENT
Department(s): Department of Risk Management
Vendor: Mercer Health & Benefits Administration LLC, New York, New York
Request: Authorization for the Chief Procurement Officer to renew contract
Good(s) or Service(s): Voluntary Benefits Administration
Original Contract Period: 7/1/2019 - 6/30/2024 with two (2) two-year renewal options
Proposed Amendment Type: Renewal
Proposed Contract Period: Renewal period 7/1/2024 - 6/30/2028
Total Current Contract Amount Authority: $0.00
Original Approval (Board or Procurement): Board, 6/27/2019, $0.00
Increase Requested: N/A
Previous Board Increase(s): N/A
Previous Chief Procurement Officer Increase(s): N/A
Previous Board Renewals: N/A
Previous Chief Procurement Officer Renewals: N/A
Previous Board Extension(s): N/A
Previous Chief Procurement Officer Extension(s): N/A
Potential Fiscal Impact: N/A
Accounts: N/A
Contract Number(s): 1730-16794
Concurrences:
The vendor has met the Minority- and Women-owned Business Enterprise Ordinance via: Direct participation.
The Chief Procurement Officer concurs.
Summary: This two, two-year renewal option will allow the Department of Risk Management to continue to receive Voluntary Benefits Administration services, including Critical Illness Insurance, Accident Insurance, Short-Term Disability Insurance, Voluntary Universal Life Insurance, and Pre-Paid Legal Services. These Voluntary Benefits are intended to complement the group health benefit offerings and provide value-added services to Cook County employees and plan administrators. Although an administrative element is involved in offering these benefits, these are no-fee services for the County as the employee contributes the full cost of each product on a post-tax basis. A payroll deduction interface is established with the vendor to facilitate deductions. The contract was awarded through a publicly advertised Request for Proposals (RFP) process in accordance...
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