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HomeMy WebLinkAboutRES 120925-5.AI - Awarding the Contract for Stop Loss Insurance CoverageRESOLUTION NO. - . Af_ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, AWARDING THE CONTRACT FOR STOP LOSS INSURANCE COVERAGE TO UNITED HEALTHCARE AND AUTHORIZING THE CITY MANAGER TO ENTER INTO SUCH CONTRACT ON BEHALF OF THE CITY. WHEREAS, the City requested proposals for medical stop loss reinsurance pursuant to RFP #202607; and WHEREAS, the City received two proposals in response to its request for proposals; and WHEREAS, United Healthcare has proposed providing medical stop loss reinsurance to the City with a per employee per month most of $264.30; and WHEREAS, City Staff recommends awarding the contract to the vendor who submitted the winning proposal, United Healthcare; and WHEREAS, City staff therefore recommends awarding the contract to United Healthcare under the terms and conditions of RFP #202607; and WHEREAS, the City Council has determined that it is appropriate to accept the following benefit coverage proposal: Award a contract to United Healthcare with expenditures not to exceed $2,695,860.00 for medical stop -loss insurance coverage for 1 year. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, THAT: Section 1. The facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. Section 2. The City Council hereby approves the award of the contract to United Healthcare conditioned upon the successful negotiation of the final contract. Section 3. The City Council hereby authorizes the City Manager to negotiate and sign the final contract. Section 4. The Mayor is authorized to sign the Resolution and the City Secretary to attest. Section 5. This Resolution shall become effective and be in full force and effect on the 9th day of December, 2025. Resolution No. ` " 5 -5. AZ Page I of 2 Awarding the Contract for Stop Loss Insurance Coverage December 9, 2025 PASSED AND APPROVED this _9th _ day of ATTEST: TH By:2c4"6 y: Robyn De more, City Secretary APPROVED AS TO FORM: By: V.0 /� - Skye Masson, City Attorney ITY , 2025. GEORGETOWN: Josh Schroeder, Mayor Resolution No. L - 0 '& -S. AT Page 2 of 2 Awarding the Contract for Stop Loss Insurance Coverage December 9, 2025