Narrative of Resolution:
title
Authorize contract with FBA for administration of HRA
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RESOLUTION INTRODUCED BY EXECUTIVE COMMITTEE TO AUTHORIZE CONTRACT WITH FBA FOR HRA ADMINISTRATION
WHEREAS, the County of Sullivan (“County”) will be providing Health Reimbursement Arrangement (HRA) accounts to employees as defined by their respective Collective bargaining agreements; and
WHEREAS, in anticipation of the County requiring the services of an administrative agency to administer the HRA, a Request For Proposal (RFP) #R-22-10 was issued for services and proposals for same were received, and
WHEREAS, Flexible Benefit Administrators, Inc. (“FBA”) proposed a rate of $3- per covered employee per month, each year for a five year term, and has the necessary expertise to administer the HRA, and;
WHEREAS, the Commissioner of Human Resources reviewed and determined that FBA services are the most cost efficient and recommends entering into a contract(s) with FBA for HRA services; and
WHEREAS, the term of the contract(s) shall be a five year term in line with FBA’s 5 year rate guarantee.
NOW THEREFORE BE IT RESOLVED, that the Sullivan County Manager is hereby authorized to enter into a contract(s) with FBA for the administration services of the County’s Health Reimbursement Arrangement program. The form of said contract(s) to be approved by the County Attorney’s Office.