24-0027 Healthcare Broker Services

The City of Goodyear has awarded a contract to Brown & Brown Insurance of Arizona for healthcare broker services. The contract has a term of 2 years, with an option to renew. The vendor will provide healthcare brokerage services, including drafting, reviewing, and evaluating competitive quotes or bids, conducting feasibility studies, and providing basic consulting services. The contract has a total value of $78,000 in the first year, with annual increases of 2.5%. The vendor will also provide additional services, such as actuarial analysis and conducting employee orientation and education sessions. * Key aspects of the contract include: * Healthcare brokerage services * Drafting, reviewing, and evaluating competitive quotes or bids * Conducting feasibility studies * Providing basic consulting services * Actuarial analysis * Conducting employee orientation and education sessions * Total contract value of $78,000 in the first year, with annual increases of 2.5%