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PROPOSED CONTRACT AMENDMENT
Department(s): Department of 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 renew and increase contract
Good(s) or Service(s): Employer Sponsored Dental Benefits
Original Contract Period: 12/1/2016 - 11/30/2019, with two (2) one (1) year renewal options
Proposed Contract Period Extension: 12/1/2019 - 11/30/2020
Total Current Contract Amount Authority: $29,470,000.00
Original Approval (Board or Procurement): Board, 9/14/2016, $29,470,000.00
Previous Board Increase(s) or Extension(s): N/A
Previous Chief Procurement Officer Increase(s) or Extension(s): N/A
This Increase Requested: $10,804,700.00
Potential Fiscal Impact: FY 2020 $10,804,700.00
Accounts: 11250.1021.501650
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: This increase and first of two (2) one (1) year renewal options will allow the Department of Risk Management to continue the administration of 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 was awarded through Request for Proposal (RFP) procedures in accordance with the Cook County Procurement Code. Guardian was selected based on established evaluat...
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