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HomeMy WebLinkAboutR26-144 RESOLUTION NO. R26-144 1 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON 2 BEACH, FLORIDA, APPROVING THE REQUEST FOR PROPOSAL FOR 3 GROUP LIFE, ACCIDENTAL DEATH AND DISMEMBERMENT (AD&D), 4 SHORT-TERM DISABILITY (STD), AND LONG-TERM DISABILITY (LTD) 5 INSURANCE TO THE PRUDENTIAL INSURANCE COMPANY OF 6 AMERICA, AND APPROVING AN AGREEMENT BETWEEN THE CITY 7 AND PRUDENTIAL; AND FOR ALL OTHER PURPOSES. 8 9 WHEREAS, the City's benefits Consultant, Michael Gelin, on the City's behalf pursuant to to his existing contract with the City, issued a Request for Proposal ("REP")for Group Life, Accidental 11 Death and Dismemberment (AD&D), Short-Term Disability (STD), and Long-Term Disability (LTD) 12 Insurance; and 13 WHEREAS, the City had two providers for these services: Securion I Ochs for Life and ADD 14 insurance, and Unum for short- and long-term disability. Some of the goals of this RFP were to 15 (1) achieve savings in a competitive process and (2) potentially consolidate carriers to ease the 16 administrative burden on human resources; and 17 WHEREAS, the RFP garnered interest and proposals from 9 highly regarded insurance 18 carriers, and the City identified the Prudential Insurance Company of America "(Prudential") as the 19 most responsive; and 20 WHEREAS, the City Commission, upon the recommendation of staff, has deemed it in the 21 best interests of the City's citizens and residents to award the RFP for Group Life, Accidental Death 22 and Dismemberment (AD&D), Short-Term Disability (STD), and Long-Term Disability (LTD) 23 Insurance to the Prudential Insurance Company of America, and approve an Agreement between 24 the City and Prudential, in form and substance to be reviewed by the City Attorney's office. 25 26 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON 27 BEACH, FLORIDA, THAT: 28 SECTION 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as 29 being true and correct and are hereby made a specific part of this Resolution upon adoption. 30 SECTION 2. The City Commission of the City of Boynton Beach, Florida, does hereby 31 award the RFP for Group Life, Accidental Death and Dismemberment (AD&D), Short-Term RESOLUTION NO. R26-144 32 Disability (STD), and Long-Term Disability (LTD) Insurance to the Prudential Insurance Company 33 of America. 34 SECTION 3. The City Commission of the City of Boynton Beach, Florida, does hereby 35 approve an Agreement between the City and Prudential, in form and substance, to be reviewed 36 by the City Attorney's office. 37 SECTION 4. The City Commission of the City of Boynton Beach, Florida, hereby 38 authorizes the Mayor and/or the City Manager to execute the Agreement. The Mayor and/or City 39 Manager are further authorized to execute any ancillary documents required under the 40 Agreement or necessary to accomplish the purposes of the Agreement, and this Resolution, 41 including any term extensions as provided in the Agreement, provided such documents do not 42 modify the financial terms or material terms. 43 SECTION 5. This Resolution shall take effect in accordance with the law. 44 [SIGNATURES ON THE FOLLOWING PAGE] 45 RESOLUTION NO. R26-144 46 PASSED AND ADOPTED this day of C��..-' (., 4- 2026. 47 CITY OF BOYNTON BEACH, FLORIDA 48 YES NO 49 Mayor— Rebecca Shelton 50 51 Vice-Mayor—Thomas Turkin a_to 52 53 Commissioner—Angela Cruz ✓ 54 55 Commissioner— Mack McCray 56 57 Commissioner—Aimee Kelley ✓ 58 59 VOTE "C) 60 ATTEST: 61 62 � _ 63 Tammy Stanz one, CMC Rebecca Shelton 64 City Clerk Mayor 65TON 66 0,0_........ F9C;l�. APPROVED AS TO FORM: 67 (Corporate Seal) ;OA? yr 68 U: Yaff4 RS'f3 r 69 o � \NCS 2� 70 �� '••.••, Shawna G. Lamb 71 1``• FLOR��P City Attorney