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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, New York, New York
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 Amendment Type: Renewal and Increase
Proposed Contract Period: 12/1/2020 - 11/30/2021
Total Current Contract Amount Authority: $40,274,700.00
Original Approval (Board or Procurement): Board, 9/14/2016, $29,470,000.00
Increase Requested: $11,398,959.00
Previous Board Increase(s): 10/24/2019, $10,804,700.00
Previous Chief Procurement Officer Increase(s): N/A
Previous Board Renewals: 10/24/2019, 12/1/2019 - 11/30/2020
Previous Chief Procurement Officer Renewals: N/A
Previous Board Extension(s): N/A
Previous Chief Procurement Officer Extension(s): N/A
Potential Fiscal Impact: FY 2021 $11,398,959.00
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 amendment to increase and exercise the second 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 through payroll to the cost of the plans. The expense is covered through annual appropriations.
This contract was awarded through a publicly advertised Request for Proposa...
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