Number
070241
Version
Substitute 1
Reference
Sponsor
ALD. MURPHY
Title
Substitute resolution relating to bids for group life insurance and reserving a sum not to exceed $25,000 from the Common Council Contingent Fund for the services of a consultant.
Analysis
Since the inception of the City’s group life insurance program, the City has entered into a series of five year contracts. The current contract is with United of Omaha Life Insurance Company and expires on December 31, 2007. Under this resolution, the Common Council directs the Executive Director of the Employes’ Retirement System and the City Attorney to request proposals for a contract for the five year period, commencing January 1, 2008. Under this resolution, the Common Council will reserve up to $25,000 in the Contingent Fund to be transfer on an as-needed basis to the Employes’ Retirement System general purpose account for the services of a consultant to assist in preparing specifications, developing a list of prospective bidders, evaluating the proposals, and contract implementation.
Body
Whereas, The City of Milwaukee has entered into a contract with United of Omaha Life Insurance Company providing for group life insurance coverage for eligible employees; and
Whereas, The contract expires on December 31, 2007; and
Whereas, The Common Council is interested in receiving proposals for a five year contract commencing January 1, 2008; and
Whereas, The City is interested in retaining the services of Willis of Wisconsin, Inc. to assist the City in preparing specifications, developing a list of prospective bidders and evaluating the proposals that are received in response to a request for proposals; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the amount of up to $25,000 shall be reserved within the 2007 Common Council Contingent Fund (Account No. 0001-9990-0001-C001-006300-2007) for the Employes’ Retirement System General Purpose Account (Account No. 0001-4500-0001-R999-634001-2007); and, be it
Further Resolved, That the City Comptroller is authorized to transfer on an as-needed basis up to $25,000 of the funds reserved within the Contingent Fund, sub-class C001 to the Employes’ Retirement System general purpose account, sub-class R999 for the services of a consultant to assist in preparing specifications, developing a list of prospective bidders, evaluating the proposals, and contract implementation; and, be it
Further Resolved, That the Executive Director of the Employes’ Retirement System and the City Attorney be and hereby are authorized and directed to retain the consulting services of Willis of Wisconsin, Inc.; and, be it
Further Resolved, That the consulting agreement between the City of Milwaukee and Willis of Wisconsin shall not be submitted to the Common Council for approval prior to execution by proper city officers; and, be it
Further Resolved, That the Executive Director of the Employes’ Retirement System and the City Attorney be and hereby are authorized to approve the specifications, a list of prospective vendors, and to supervise the bidding process; and, be it
Further Resolved, That the Executive Director of the Employes’ Retirement System and the City Attorney shall submit the written evaluation of bidders by the consultant together with the recommendation as to the vendor for consideration to the Common Council.
Requestor
City Attorney
Drafter
EHT:1054-2007-804:118746
5/23/07