Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 9-03-20
Requesting Agency: Office of Human Resources
Division:
Subject Matter Expert Name:
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Name: Chris O’Brien |
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Email: christopher.obrien@denvergov.org |
Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).
Both the title and description must be entered between the red “title” and “body” below. Do not at any time delete the red “title” or “body” markers from this template.
title
A resolution approving a proposed Agreement between the City and County of Denver and Standard Insurance Company, to administer employee benefits plans including life insurance and short-term and long-term disability plans for all qualified benefited employees.
Approves a contract with Standard Insurance Company for $22 million and through 12-31-21 to administer employee benefit plans including life insurance, and short-term and long-term disability plans for all qualified benefited employees (CSAHR-202053663). The last regularly scheduled Council meeting within the 30-day review period is on 10-20-20. The Committee approved filing this item at its meeting on 9-15-20.
body
Affected Council District(s) or citywide? Citywide
Contract Control Number: CSAHR-202053663
Vendor/Contractor Name (including any “DBA”): Standard Insurance Company
Type and Scope of services to be performed:
Agreement between Standard Insurance Company and Denver to administer all employee life insurance and disability benefit plans, including employer-paid life insurance plans and short and long-term disability plans, as well as, employee-paid additional life insurance plans and employee-paid short-term disability plans from upon execution through 12/31/21 for qualified civilian and uniformed police and fire Denver employees, at a total cost not to exceed $22,000,000.00.
Location (if applicable):
WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts):
Are WBE/MBE/DBE goals met (if applicable)?
Is the contract new/a renewal/extension or amendment?
Was this contractor selected by competitive process or sole source?
Competitive process
For New contracts
Term of initial contract: Through 12-31-21
Options for Renewal:
How many renewals (i.e. up to 2 renewals)?
Term of any renewals (i.e. 1 year each):
Cost of initial contract term: $22,000,000.00
Cost of any renewals:
Total contract value council is approving if all renewals exercised:
For Amendments/Renewals Extensions:
Is this a change to cost/pricing; length of term; terms unrelated to time or price (List all that apply)?
If length changing
What was the length of the term of the original contract?
What is the length of the extension/renewal?
What is the revised total term of the contract?
If cost changing
What was the original value of the entire contract prior to this proposed change?
What is the value of the proposed change?
What is the new/revised total value including change?
If terms changing
Describe the change and the reason for it (i.e. compliance with state law, different way of doing business etc.)