Subject
title
Sole Source Agreement for Health Insurance Brokerage Services
overview
Overview
The Orange County Transportation Authority contracts with the Public Risk Innovation, Solutions, and Management to participate in a purchasing insurance pool for employee health and welfare insurance benefits. Pool members are required to have Alliant Insurance Services, Inc. as their primary broker of record. To continue participation in the pool, a new broker agreement is necessary. A proposal was solicited and received from Alliant Insurance Services, Inc. as a sole source procurement for health insurance brokerage services. Board of Directors’ approval is required for the firm to provide the services.
recommendation
Recommendation(s)
Authorize the Chief Executive Officer to negotiate and execute sole source Agreement No. C-5-3980 between the Orange County Transportation Authority and Alliant Insurance Services, Inc., in the amount of $640,000, for a five-year term, effective June 1, 2025 through May 31, 2030, to provide health insurance brokerage services.