HomeMy WebLinkAboutMINUTES - 04242012 - C.62RECOMMENDATION(S):
APPROVE and AUTHORIZE the County Administrator, or designee, to execute a contract amendment/extension
with Buck Consultants to increase the payment limit by $40,000 to a new payment limit of $370,000 and to extend
the contract period from April 30, 2012 to October 31, 2012.
FISCAL IMPACT:
The cost of the contract will be paid from the County's cost center for employee benefits, as the services provided by
Buck Consultants concern analysis of employee benefits provided by the County.
BACKGROUND:
In November 2007, the County conducted a Requests for Proposals (RFP) for Benefit Design Consultation. The
County required expert consultation on accounting standards for retiree healthcare and other post-employment
benefits (OPEB) described in Government Accounting and Standards Board (GASB) Statement No. 45, "Accounting
and Financial Reporting by Employers for Post-Employment Benefits Other Than Pensions."
APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
Action of Board On: 04/24/2012 APPROVED AS RECOMMENDED OTHER
Clerks Notes:
VOTE OF SUPERVISORS
AYE:John Gioia, District I
Supervisor
Mary N. Piepho, District III
Supervisor
Karen Mitchoff, District IV
Supervisor
Federal D. Glover, District V
Supervisor
ABSENT:Gayle B. Uilkema, District II
Supervisor
Contact: Lisa Driscoll, 925-335-1023
I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the
Board of Supervisors on the date shown.
ATTESTED: April 24, 2012
David Twa, County Administrator and Clerk of the Board of Supervisors
By: Carrie Del Bonta, Deputy
cc:
C. 62
To:Board of Supervisors
From:David Twa, County Administrator
Date:April 24, 2012
Contra
Costa
County
Subject:Contract Amendment/Extension with Buck Consultants for Benefit Design Consultation
BACKGROUND: (CONT'D)
Buck Consultants is a leader in human resource and benefits consulting with more than 1,500 professionals
worldwide. Founded in 1916 to advise clients in establishing and funding some of the nation’s first public and private
retirement programs, Buck is an innovator in the areas of retirement benefits, health and welfare programs, human
capital management, compensation, and employee communication
The County will conduct a new RFP in the Fall of 2012. A contract extension is required to give the County adequate
time to complete the new RFP process.
CONSEQUENCE OF NEGATIVE ACTION:
The County would be without actuarial services while the RFP process was being conducted.
CHILDREN'S IMPACT STATEMENT:
None.