School District of Clay County
Green Cove Springs, Florida
Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway TIME: 3:30 p.m.
June 6, 2013 - Workshop-Special Meeting
Agenda Item #5


Item Title
Award RFP for Group Life and Disability #14-BA-116

Issue/Rationale

For RFP to be awarded as required per F.S. 287, DOE 6A-1.01 and School Board Policy. 

Group Life & Disability #14-BA-116 - RFP established for the purpose of Life Insurance for Basic, Retiree and Supplemental along with Disability for Long Term and Short Term.  Seventeen (17) RFP's solicited plus posted on our web site and six (6) proposals received.  Contract period is October 1, 2013 to September 30, 2016.

 



Recommended Action

Recommend approving the Insurance Committee's recommendation of award to Liberty Mutual.



Financial Impact

 

Basic Life/$1000                                $0.109

Basic AD&D/$1000                            $0.015

Retire Life                                           $2.296

LTD – Plan A                                       $0.060

          Plan B                                       $3.684

STD – Plan A                                       $1.233

          Plan B                                       $8.493

Matched Current on Supplemental Life

                                                                                                                               



Submitted By

Dr. George F. Copeland, Assistant Superintendent for Business Affairs

Data Source:  Nancy Racine, Director of Puchasing/Accounts Payable/ Material Management