Meetings / Oct 4, 2022 / Item 45

Item 45

approved contract

Oct 4, 2022

Description

Authorize the Division of Risk and Benefits to exercise the option to extend the existing contract with The Segal Company [Eastern States], Inc., Boston, MA (originally approved by G&C on 12-18-19, item #105), in an amount not to exceed $1,052,600, increasing the total amount of the contract from $1,787,500 to $2,840,100, to provide health benefit consulting and actuarial services to the Employee and Retiree Health Benefit Plan, for an additional two-year term ending December 31, 2024. Effective upon G&C approval. Approximately 42% General Funds, 23% Federal Funds, 3% Enterprise Funds, 13% Highway Funds, 1% Turnpike Funds and 18% Other Funds.

Amount
$2.8M
$1,052,600,, $1,787,500, $2,840,100,
Funding Source
42% General Funds; 23% Federal Funds; 3% Enterprise Funds; 13% Highway Funds; 1% Turnpike Funds and; 18% Other Funds
Vote Record approved
Motion by Warmington, seconded by Stevens acted as
Joseph Kenney (R) yes
Cinde Warmington (D) yes
Janet Stevens (R) yes
Ted Gatsas (R) yes
Dave Wheeler (R) yes

Documents (1)

Item_45.pdf Open in new tab →
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