Title
Dept/ Agency: Administration/Office of the Business Administrator
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Exception to Public Bidding - Insurance, including consultant services and in accordance with the requirements of extraordinary unspecifiable services
Purpose: Services of a company to provide healthcare reimbursement solutions to the City for its approximately 2,300 retirees and their eligible dependents
Entity Name: EB Employee Solutions, LLC.
Entity Address: 245 Main Street, Suite 605, White Plains, New York 10601
Contract Amount: Amount not to exceed $200,000.00
Funding Source: 2017 City Budget/Department of Administration
Contract Period: Upon adoption for one (1) year, with two (2) one year options to renew
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. (X ) EUS
( ) Fair & Open (X) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient (X) Insurance Exception
Additional Information:
N.J.S.A. 40A:11-5(1)(m), exception shall be in accordance with the requirements of EUS.
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WHEREAS, through Resolution 7R1-m (AS) adopted on January 19, 2017, the Mayor and the Municipal Council of the City of Newark determined it was in the best interest of the City of Newark to cease procuring health benefits covering all eligible employees, retirees and their dependents directly from the private health insurance sector, and commenced a transition to the State of New Jersey's Healthcare benefits plan which is the same or a substantially similar plan to the City's then current healthcare plan; and
WHEREAS, an unintended consequence of the transition resulted in an increased cost of co-payments for prescription drugs for eligible retirees and their dependents; and
WHEREAS, the City of Newark desires to engage the services of a company to provide healthcare reimbursement solutions to the C...
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