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BOCC AGENDA ITEM
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| Item Title: | Amendment No. 2 / The Bailey Group, Broker/Agent Services for Insurance Programs | | Date: | 12/19/2018 | | Department: | Human Resources |
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| | | | | | | | | Background: | | On July 6, 2016, the BOCC entered into an agreement with The Bailey Group to provide Broker/Agent Services for Nassau County employee insurance offerings. Last year we made a modification to change the anniversary/renewal date to coincide with the County's insurance benefit program. The 1st amendment term will be ending December 31, 2018. The agreement additionally provided for a renewal option to extend for a period of one (1) Year Increments for up to three (3) additional consecutive (1) year terms. | | Request: | | Approve and authorize the Chairman to sign Amendment No. 2 to the Agreement with MFB Financial, Inc., dba The Bailey Group, Contract No. CM2328-A2, for Broker Services for the period of January 1, 2019 through December 31, 2019. Funding Source: 01122513-534000. | | Financial/Economic Impact to Future Years Budgeting Process or Effect on Citizens: | | $72,000 has been budgeted in the Human Resources budget in FY 18/19 | | Action Requested and Recommendation: | | Approve and authorize the Chairman to sign Amendment No. 2 to the Agreement with MFB Financial, Inc., dba The Bailey Group, Contract No. CM2328-A2, for Broker Services for the period of January 1, 2019 through December 31, 2019, with no cost increase. Funding Source: 01122513-534000. | | Is this action consistent with the Nassau County Comprehensive Land Use Plan? | | NA | | Funding Source: | | 01122513-534000 |
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| Additional Information Needed for Contracts/Agreements (If Applicable) | | | Contract Number assigned by Contracts Management: | CM2328-A2 | | For non-governmental agencies, has the document been sent to the vendor for signature? | | Yes | | Does the document need to be recorded? If so, who will pay the recordation fee? | | No | | Are there any special mailing instructions? (Include contact name, address, deadline for submittal, how to mail such as express mail, FedEx, etc): | | No, Please forward to Laura Scott in Human Resources | | How many originals are needed? | | 2 |
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