HomeMy Public PortalAbout1988_05_25_R103 PRESENTED May 25~ 1986;
RESOLUTION NO. 88-103 ADOPTED May 25~ 1988
RESOLUTION: REJECTING PROPOSALS FOR GROUP INSURANCE FRINGE BENEFIT
COVERAGES
WHEREAS, on May 9, 1988, the town received proposals from eight
carriers in response to our Request For Proposals dated April 6, 1988, to
provide the town with group fringe benefit insurance coverage for all
full-time town employees; and
WHEREAS, all proposals received were forwarded to Industrial Insurance
Management Corporation, the town's insurance consultant, for their review
and analysis; and
WHEREAS, their review and analysis has determined that in the best
interest of the town and its employees all proposals for all forms of
coverage be rejected due to the unacceptably high rates quoted for family
rate health care coverage; and
WHEREAS, in order to obtain more favorable family rates they a~ise the
rebidding of the entire insurance program because most carriers require
other lines of coverage in order to quote health care:
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia
that all proposals received on May 9, 1988, to provide the town with group
insurance coverages are hereby rejected and the town manager shall take the
following action:
SECTION I. The town's insurance consultant, Industrial Insurance
Management Corporation, is directed to rebid the entire group insurance
package as originally proposed.
-2-
RESOLUTION - REJECTING PROPOSALS FOR GROUP INSURANCE
SECTION II.
to August 1, 1988.
PASSED this
The effective date of the insurance program will be moved
25th
day of May /~ , 1988.
/I
Robert E. Sevil~ Mayor
Town of Leesburg
ATTEST:
puty Clerk of Council