Agenda Item Name:
Title
Stop Loss Insurance Services Inc.: Change Order 3 to Purchase Order 2019-293
End
Presenter:
John Carnell, 352.264.6967/Larry Sapp, 352.374.5202
Description:
Approve the issuance of Change Order 3 to Purchase Order 2019-293, to Stop Loss Insurance Services, Inc.
Recommended Action:
Recommended Action
Approve the issuance of Change Order 3 to Purchase Order 2019-293, to Stop Loss Insurance Services, Inc., for additional premiums for the remainder of Fiscal Year 2019.
Original Purchase Order: $590,236.79
Change Order #1: account change
Change Order #2: $ 14,000.00
Change Order #3: $ 1,100.00
Revised Purchase Order Total: $605,336.79
End
Prior Board Motions:
On May 28, 2019, the Board approved to fully encumber the budgeted amount of $604,236.79.
Fiscal Consideration:
Fiscal Consideration
Additional $1,100.00 to account 507.04.0490.519.45.11, Health Insurance fund
End
Background:
The difference between the required amount and the approved Board amount $1,100.00. This additional amount is needed to pay the Medical Stop Loss premiums for the remainder of Fiscal Year 2019.