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HomeMy WebLinkAbout18-188 Benefits Consultant Services 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 18-188 A RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE CITY’S STANDARDIZED PROFESSIONAL SERVICES AGREEMENT WITH NFP FOR BENEFITS CONSULTANT SERVICES IN AN AMOUNT NOT TO EXCEED $19,500 ANNUALLY Motion By: McGuire Second By: Burkart WHEREAS, The City of Prior Lake uses a benefits consultant/insurance broker to navigate the city’s benefits program, including health, dental and ancillary benefits; and WHEREAS, Health care and other benefits comprise 7% of the General Fund budget, so it’s important to work with a benefit consultant who provides plan design options, has experience negotiating rates, and is a partner in our long-range planning; and WHEREAS, A competitive benefits package is considered an essential component of recruiting and retaining employees; and WHEREAS, It was prudent to assess the market to solicit the most advantageous benefits consultant relationship for the city; and WHEREAS, The city’s labor agreements approved for years 2018-2020 have an ‘open rider’ for health insurance benefits in 2020; and WHEREAS, The city issued a Request for Proposals (RFP) from benefits consultants/insurance brokers seeking highly professional and proactive employee benefit consulting services related to the City’s selection and management of employee benefit programs; and WHEREAS, The city received three proposals in response to the RFP; and WHEREAS, Based upon the feedback and proposal ratings, NFP was selected for a variety of reasons, including price, public sector experience, financial forecasting and modeling, compliance knowledge and assistance, customer service, and wellness. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The Mayor and City Manager are hereby authorized to enter into a professional services agreement with NFP in an amount not to exceed $19,500 annually for three years commencing 2020. Passed and adopted by the Prior Lake City Council this 3rd day of December 2018. 2 VOTE Briggs McGuire Thompson Braid Burkart Aye ☒ ☒ ☒ ☒ ☒ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ ______________________________ Frank Boyles, City Manager