DATE: December 17, 2024
TO: Board of Supervisors
SUBMITTED BY: Hollis Magill, Director of Human Resources
SUBJECT: Agreement with ReliaStar Life Insurance Company to Provide Life Insurance, Accidental Death & Dismemberment Insurance, and Employee Assistance Program services to County of Fresno Employees
RECOMMENDED ACTION(S):
TITLE
As authorized by the Board of Supervisors' suspension of competition determined on April 9, 2024, approve and authorize the Chairman to execute an Agreement with ReliaStar Life Insurance Company to provide employer-paid basic life and accidental death & dismemberment insurance coverage, optional employee-paid supplemental life insurance coverage, and Employee Assistance Program services to County of Fresno employees, effective January 1, 2025, not to exceed five (5) consecutive years, which includes a two-year base contract and three (3) optional one-year extensions, total not to exceed $1,700,000.
REPORT
Approval of the recommended action will allow ReliaStar Life Insurance Company (ReliaStar) to provide employer-paid life and accidental death & dismemberment (AD&D) insurance coverage, optional employee-paid term life insurance, and Employee Assistance Program (EAP) services to County employees through their partnership with ComPsych Corporation. This item is countywide.
ALTERNATIVE ACTION(S):
Your Board may direct staff to negotiate an agreement with a different vendor to provide life, AD&D and EAP services for County employees. However, this would not result in lower rates and would cause a disruption in services to County employees.
SUSPENSION OF COMPETITION/SOLE SOURCE CONTRACT:
On April 9, 2024, the Board of Supervisors made a finding that it was in the best interest of the County to not secure competitive bids or issue requests for proposals related to the life, AD&D and EAP agreements, consistent with Administrative Policy No. 34 under the "unusual or extraordinary circumstances" exception of Administrative Policy No. ...
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