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21-R-90 - Agreement with Arthur J Gallagher & Co for Health Insurance Broker ServicesRESOLUTION NO. 21 -R -90 A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS AUTHORIZING THE CITY MANAGER TO RENEW THE AGREEMENT WITH ARTHUR J GALLAGHER AND CO TO PROVIDE HEALTH INSURANCE BROKER SERVICES AND OTHER MATTERS IN CONNECTION THEREWITH WHEREAS, the City has a continuing need to contract with a professional consultant to advise the City on medical plans, dental plans, and additional insurance plans and to represent the City in finding, evaluating and negotiating with insurance provider; and WHEREAS, the City entered into an agreement with Arthur J Gallagher and Co. in 2018 for health insurance broker services and the contact may be extended for an additional two one (1) year terms with the mutual agreement of the City and Gallagher; and WHEREAS, the City Council has determined that it is in the best interest of the City to continue the partnership with Arthur J Gallagher Pro, Inc. - BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS THAT: Section 1. The City Council hereby authorizes the City Manager to renew the agreement with Arthur J Gallagher and Co. with an annual not to exceed of $75,000 unless otherwise negotiated and approved by City Council. Section 2. The recitals contained in the preamble hereof are hereby found to be true, and such recitals are hereby made a part of this Resolution for all purposes and are adopted as a part of the judgment and findings of the City Council. Section 3. All resolutions, or parts thereof, which are in conflict or inconsistent with any provision of this Resolution are hereby repealed to the extent of such conflict, and the provisions of this Resolution shall be and remain controlling as to the matters resolved herein. Section 4. This Resolution shall be construed and enforced in accordance with the laws of the State of Texas and the United States of America. Section 5. If any provision of this Resolution or the application thereof to any person or circumstance shall be held to be invalid, the remainder of this Resolution and the application of such provision to other persons and circumstances shall nevertheless be valid, and the City Council hereby declares that this Resolution would have been enacted without such invalid provision. Section 6. It is officially found, determined, and declared that the meeting at which this Resolution is adopted was open to the public and public notice of the time, place, and subject matter of the public business to be considered at such meeting, including this Resolution, was given, all as required by Chapter 551, Texas Government Code, as amended. Section 7. This Resolution shall be in force and effect from and after its final passage, and it is so resolved. PASSED AND ADOPTED, this 24th day of August, 2021 ATTEST: Brenda Dennis, City Secretary (Cl. CITY OF SCHERTZ, TEXAS R a L I A 5 rez, Mayor -2- CITY OF SCHERTZ CONTRACT APPROVAL FORM A. To be completed by Department 1. Contract with: Gallagher Benefit Services Contract amount: $ 75,000 �.� m ..., . ......... ,. - 2. Contract for: Insurance Broker Services for 2021 _ ... - -.. - - - - -- -- - ........... ..... — - - - - -- ..... ......... .......... 3. Fund/Account to be chamed:101- 866 - 531170 Dent Human Resources 4. Contract category and amount in the budget: 11 yes ❑ no — budget adjustment required Budget Amendment Ord/Res Number ............ ­-­1 - - - -- ----- .__ ....... _ Date: 5. Contract required to be bid: ❑ yes W no (If unsure, contact Purchasing.) Bidding completed: ❑ yes 9 NA (bidding not required) Bidding exemption: (if bidding is not required state reason): ,,,, 6. Contract termination date: ❑ NA 7. Terms of contract reviewed and approved by Department Head: yes 8. Is Asst. City Manager aware of contract? ] yes • If going to unc� istY Manager awar M of contracts ❑yes ..... W NA 11 10. Department Head's signature: _ .. Date: ... . .. ..MM ,,. B. To be completed by Purchasing and Asset :'3anagement 1. FINANCE a. Contract amount in the budget: ❑ yes ❑ no — budget adjustment required b. Fund/Account to be charged: c. Finance Director's signature: Date: 2. LEGAL a. Contract reviewed and approved by City Attorney ❑ not requested ❑ yes (attach email approval) b. Date Reviewed and Approved by City Attorney 3. PURCHASING a. Vendor aggregate POs <$50K for budget period ❑ yes ❑ no b. Contract reviewed for insurance, warranty, term, severability and indemnity requirements: ❑ yes c. Contract properly bid in accordance with City Purchasing Policy ❑ yes ❑ NA d. Vendor signature obtained ❑ yes ❑ no (other party requires signature by City first) e. Purchasing and Asset Management Signature: Date: .. ......,.,....,.,.,mmmmmm.... ... 4. COUNCIL APPROVAL REQUIRED? ❑ yes ❑ no ❑ NA (Required over $50,000) a. Date of City Council approval: - -- .. Res/Ord #: ,..,H _.........­_ -_ ❑ Attached b. If not approved by City Council, state reason: ,_.._ ............. ........ ...... .._......... ............ ......_ ----------- ................. C. To be completed by Asst City Manager: 1. Final contract reviewed and recommend City Manager signature: ❑ yes ❑ no 2. Asst. City Manager's Signature: _ Date:..... D. To be completed by Assistant to the City Manager 1. Assistant reviews and obtains CM signature Assistant Signature: 2. Signed contract is given to Purchasing & Asset Management. E. To be completed by Purchasing and Asset Management 1. Date fully- executed contract received by Purchasing. 2. Date filed to Laserficbe: Filed as: Revised April 24, 2019 Gallagher Insurance I Risk Management I Consulting CLIENT COVERAGE ACKNOWLEDGMENT AND COMPENSATION DISCLOSURE STATEMENT FOR CITY OF SCIIERTZ This form documents that Gallagher Benefit Services, Inc. (Gallagher) will apply its professional judgment to access those insurance companies it believes are best suited to insure the Client's risks. The final decision to choose any insurance company has been made by the Client in its sole and absolute discretion. The Client understands and agrees that Gallagher does not take risk, and that Gallagher does not guarantee the financial solvency or security of any insurance company. The Client is responsible for immediate payment of premiums for all insurance placed by Gallagher on Client's behalf. If any premium amounts are not paid in full when due, the applicable insurance company for the Client's risks may cancel any applicable policies in accordance with the terms of such policies. The follow iag is the disclosure of fees and/or commissions to be paid to Gallagher as a result of its Broker of Record relationship to Client's Group Health and Welfare Plan and any relationships, or agreements Gallagher has with any insurance companies selected by Client as noted above. Gallagher, as Broker of Record, will receive the following initial and renewal sale commissions expressed as percentage of gross premium payments, or fees as agreed upon by Client: Lineof ,.... �......._....�.�.._ .______...... 1 Supplemental Third 3 Coverage / Company Commission Party Direct Fees .....n Effective Services Compensation z Compensation Date Consulting Gallagher n/a n/a n/a $75,006-p' 75,000 per 09/24/202 Services ear 1 . �.. . .....__._ _. � .... Medical Blue Cross Blue 0% $0.00 � . to $15.0.. .. ..rvry _...... 0 n/a n/a 01/01/202 Shield of Texas PEPY 1 Dental Unum 0% 0% to 1.25% of n/a n/a 01/01/202 u 'rremium 1 Vi s. ion Unum 0% 0 %o to 1.25% of n/a n/a 01/01/202 ..._._...w _ _._._. _ _ ,....premium 1 FSA/HSA Discovery 0% 0% n/a n/a 01/01/202 Benefits 1 orksite Allstate Heaped 0 %toy %of n/a n%a 01/01/202 WW Disability Unum 0% 0% to 1.25% of n/a nla 01/01 %202 ..mm .._.....�.. _ _�..� �...�_ ... _�.�.. ..n .w.. w ...... �......m - .. �i�remlum .. � .... � ............._ .... ........ 1 It should also be noted that: Commissions include all commissions/fees paid to Gallagher that are attributable to a contract or policy between a plan and an insurance company, ra orinsunce service. This includes indirect lees that are paid to Gallagher paid by a third party, and includes, among other things, the payment of "finders' fees" or other fees to Gallagher for a transaction orservice involving the plan. ! Gallagher companies may receive supplemental compensation reErred to in a variety of terms and definitions, such as contingent commissions, additional commissions and supplemental commission. 3 Direct Fees include compensation to Gallagher paid for directly by the plan sponsor /Client. =020ArDw J. Gallagher & Co. All rights reserved. I Crent Coverage AdmWedgarerrl and Conpensdcn Disdoum 09232020 Gallagher Insurance I Risk Management I Consulting ... . .. ..... ................ . 1-----""--"' ------- For Employers and an Sponsors Subject to ERISA: This Disclosure Statement is being given to the Client (1) to make sure Client knows about Gallagher's and Gallagher affiliates' income before purchasing the insurance product and (2) for plans subject to ERISA, to comply with the disclosure, acknowledgment and approval requirement of Prohibited Transaction Class Exemption No. 84-244, which protects both Client and Gallagher5. Disclosure must be made to an independent plan fiduciary for the ERISA Plan(s), and Client acknowledges and confirms that this is a reasonable transaction in the best interest of participants in its ERISA Plan(s). . ...... . . ... - For more information on Gallagher's compensation arrangements, please visit www.aj:g.com/compensation. In the event a Client wishes to register a formal complaint regarding compensation Gallagher receives, please send an email to Compensation—Complaints@ajg,com. Thank you for your business and continued confidence in the services Gallagher provides to you and your employees, We sincerely appreciate the opportunity to serve City of Schertz. Please let us know if you have any questions regarding this information or would like more detafl. VR1111111 111 ► i;: l�: V � I By: .. . . . . . Name M&K Rr&rg, Title X 11111I WX14 0 By: Sett Aq Name Betty Gwinn Title Area Preside-it Which W lows an exemption from a prohibited transaction under Section 408(a) ofthe Employee Retirement Income Security Act of 1974 (ERISA). In making these disclosures, no position is taken, nor is one to be inkffed, regarding the use of assets of plan subject to ERISA to purchase such insurance. .......... 02020khwJ.Ggilagher& Co. AJ]riglftrewrted.1 Clem Caw age AckxWedgerrwd mid CwnpensEdionDisdosuraO423202D Gallagher Insurance I Risk Management w. r. Date: Date: December 11, 2020 ®2020 Arthur J. Gallagher & Co. All rights resarked. I Clenl Cowage Adawwledgenat and CwVffM0on Disdosure 04232020