Employee Benefit Brokerage Consulting Services

The City of Davenport is seeking a vendor to provide employee benefit brokerage consulting services. The selected vendor will be responsible for providing long-range planning and cost savings, plan design and rate negotiation, health plan management, ongoing management support, employee benefit regulatory affairs, and employee communication. The vendor will work with the City to develop and implement a comprehensive employee benefits program, including a self-funded health plan, and will provide regular review and analysis of plan expenses, claims data, and utilization trends. The vendor will also assist in the development of long-range and cost-saving plans, review and discuss contribution and pricing strategies, and provide ongoing review of existing programs and benefit plans. • The contract term will be two years with three optional one-year renewals. • The vendor will be expected to acquire, maintain, and provide proof of acceptable amounts of insurance during the life of this contract. • The City reserves the right to cancel the contract with 30 days written notice if performance of awarded vendor proves unsatisfactory or no longer necessary. • The vendor agrees to indemnify, hold harmless, and defend the City of Davenport from and against any claim demand, action, loss, damage, liability, or expenses which the City may incur or sustain by reason of the failure of the vendor to fully perform and comply with the terms and obligations of this agreement.