title
PROPOSED CONTRACT
Department(s): Risk Management
Vendor: First Commonwealth, Inc., wholly owned subsidiary of The Guardian Life Insurance Company of America, Chicago, Illinois
Request: Authorization for the Chief Procurement Officer to enter into and execute
Good(s) or Service(s): Employer Sponsored Dental Benefits
Contract Value: $29,470,000.00
Contract period: 12/1/2016 - 11/30/2019, with two (2) one (1) year renewal options
Potential Fiscal Year Budget Impact: FY 2017 $9,160,000.00, FY 2018 $9,820,000.00, FY 2019 $10,490,000.00
Accounts: 542-177
Contract Number(s): 1518-14993
Concurrences:
The vendor has met the Minority- and Women-owned Business Enterprise Ordinance via direct participation
The Chief Procurement Officer concurs.
Summary: The Department of Risk Management is requesting authorization for the Chief Procurement Officer to award a contract to First Commonwealth, Inc. a wholly owned subsidiary of Guardian (“Guardian”) to provide employer sponsored dental insurance benefits for Cook County Employees. Cook County currently offers both DHMO and DPPO dental plan options for all eligible employees. The plan design, including applicable co-pays and out-of-pocket maximums, is negotiated through the collective bargaining process. Employees do not contribute to the cost of the plans. The expense is covered through annual appropriations.
The Director of Risk Management is authorized to review and approve the Subscription Certification and Evidence of Coverage to support the selected DHMO and DPPO plans.
This contract is awarded through Request for Proposal (RFP) procedures in accordance with the Cook County Procurement Code. Guardian was selected based on established evaluation criteria.
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