Title: P1 Renewal of RFP 01C-017S for Claims Administration Recommendation:
I recommend approval of the renewal of RFP 01C-017SN for Claims Administration Services and authorize the Superintendent and Board Chairman to sign all necessary documents.
Description:
P1 Approve the renewal of RFP 01C-017SN for Claims Administration Services for the period July 1, 2006 through June 30, 2008.
· Term Contract No.01C-017S was awarded by Board action on July 1, 2001, to F. A. Richard & Associates for three year(s) from July 1, 2001 through June 30, 2004, with the option to renew for two additional two-year periods.
· The first option to renew was exercised for the period July 1, 2004 through June 30, 2006.
· The second and final option is now being exercised for the period of July 1, 2006 through June 30, 2008.
· F. A. Richard & Associates have agreed to honor terms and conditions. Compensation for claims serviced under this contract shall be guaranteed annual fees as follows:
July 1, 2006 through June 30, 2007 $1,365,120.
July 1, 2007 through June 30, 2008 $1,419,720
· Services to be provided include Claims Administration Services.
Financial Impact:
The financial impact to the Internal Services Budget is estimated at $3,000,000. The source of funds is the Employee Benefits and Risk Management Department budget.
For Additional Information, contact:
Joseph M. Moore (moorej@palmbeach.k12.fl.us)
Dianne Howard
Attachments (list):
01C-017S Tabulations.pdf
01C-017S RFP Document.pdf
01C-017S Vendor List.pdf
Q&AP1.doc
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