Explanation
BACKGROUND:
The Human Resources Department requests to modify, extend and increase the existing contract with AON Consulting Inc., the employee benefits consulting services vendor. This modification extends the current contract one additional month, to allow sufficient time to project the most accurate insurance rates. This modification will also authorize the appropriation and funding for the additional month of the contract. The new contract end date will be February 29, 2020. The vendor agreed to maintain the same monthly cost of $16,666.67.
The previous legislation to modify this contract was passed via ordinance 0025-2019 and allowed for a one year extension on a three year contract.
FISCAL IMPACT:
To modify and increase the contract with Aon Consulting Inc., to establish the maximum obligation liability, and to authorize the additional appropriation and expenditure of $16,666.67 for employee benefit consulting services from February 1, 2020 through February 29, 2020. The total obligation under the original contract and all modifications is $876,666.67. Funding is available within the Employee Benefits Fund, medical subfund for this contract modification.
Title
To authorize the Human Resources Director to modify, extend and increase the existing contract with AON Consulting Inc., to provide employee benefit consulting services for February 1, 2020 through February 29, 2020; and to authorize the appropriation and expenditure of an additional $16,666.67 from the Employee Benefits Fund, medical subfund or so much thereof as may be necessary to pay the costs of said contract. ($16,666.67)
Body
WHEREAS, it is in the best interest of the City of Columbus to authorize the additional appropriation, modify, extend, and increase the existing contract with AON Consulting Inc., to pay the additional contract costs associated with a one month extension; and
WHEREAS, it is necessary to modify and extend the contract by one month from February ...
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