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HomeMy WebLinkAbout1996-132-11/05/1996-DELTA DENTAL PLAN FHP HEALTH PLAN INSURANCE PURCHASE SUN LIFE OF CANADA VISION SERVICE PLAN RESOLUTION 96-132 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING THE PURCHASE OF VARIOUS INSURANCE FOR THE BENEFITS PROGRAM FROM SUN LIFE OF CANADA, FHP HEALTH PLAN, VISION SERVICE PLAN AND DELTA DENTAL PLAN WHEREAS, Sun Life of Canada, FHP Health Plan, Vision Service Plan and Delta Dental Plan provide insurance options needed by the City; and WHEREAS,the City is in need of these insurance options for its employee benefits program; and WHEREAS, funds have been allocated in the 1997 budget for such purpose; and WHEREAS, Section 8-160 (d) (1) b. of the Code of the City of Fort Collins authorizes the Purchasing Agent to negotiate the purchase of supplies and services without utilizing a competitive process where the Purchasing Agent determines that although there exists more than one (1) responsible source, a competitive process cannot reasonably be used or, if used, will result in a substantially higher cost to the City, will otherwise injure the City's financial interest or will substantially impede the City's administrative junctions, or the delivery of services to the public; and WHEREAS, the Purchasing Agent has made such a determination and has submitted the requisite justification for that determination to the City Manager for approval; and WHEREAS, the City Manager has reviewed and approved the determination that for this acquisition should be exempted from the competitive purchasing requirements; and WHEREAS, Section 8-160(d) (3) requires approval of this purchasing method by the City Council for items costing more than Fifty Thousand Dollars ($50,000) prior to acquisition; and WHEREAS,the Council has considered the Purchasing Agent's justification for determining that circumstances are appropriate for application of City Code Section 8-160(d)(1)b., and agrees with that determination. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT COLLINS that the Purchasing Agent is hereby authorized to contract for the following insurance coverages as exceptions to the City's competitive purchasing requirements: (a) Life and Accidental Death and Dismemberment and Long Term Disability Insurance from Sun Life of Canada in an amount estimated to be $274,000; (b) Stop Loss Insurance from FHP Health Care in an amount estimated to be $120,000; (c) Vision Insurance from Vision Service Plan in an amount estimated to be $68,000; and (d) Dental Insurance from Delta Dental Plan in amount estimated to be $35,000. Passed and adopted at a regular meeting of the City Council helc7this 5th dt of'1November, A.D. 1996. _ (Ka yor !7 ATTEST: (/ Ilk V� .. cz City Clerk