City of Milwaukee - File #: 070241

• File #: 070241
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 5/8/2007
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 5/30/2007
• 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.
• Sponsors: ALD. MURPHY
• Indexes: BIDS, CONSULTANTS, CONTINGENT FUND, LIFE INSURANCE

Date	Ver.	Action By	Action	Result	Tally
6/8/2007	1	MAYOR	SIGNED
5/30/2007	1	COMMON COUNCIL	ADOPTED	Pass	13:1
5/23/2007	0	FINANCE & PERSONNEL COMMITTEE	AMENDED; Minutes note: Appearance by: Martin Matson, Deputy Director Employee Retirement System Motion was made to amend by replacing appropriating with reserving.	Pass	4:0
5/23/2007	1	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	4:0
5/18/2007	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
5/9/2007	0	FINANCE & PERSONNEL COMMITTEE	REFERRED TO
5/8/2007	0	COMMON COUNCIL	ASSIGNED TO

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 N...