Title
Amendment to Agreement for Health Insurance Brokerage Services
Overview
Overview
On May 22, 2020, the Orange County Transportation Authority Board of Directors approved an agreement with Alliant Insurance Services, Inc., for health insurance brokerage services for a three-year initial term with a two-year option term. Board of Directors’ approval is requested to exercise the option term effective June 1, 2023 through May 31, 2025.
Recommendation(s)
Recommendation
Authorize the Chief Executive Officer to negotiate and execute Amendment No. 1 to Agreement No. C-0-2078 between the Orange County Transportation Authority and Alliant Insurance Services, Inc., to exercise the two-year option term effective June 1, 2023 through May 31, 2025, in the amount of $238,000, to continue providing health insurance brokerage services. This will increase the maximum obligation of the agreement to a total contract value of $580,000.