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Sufficient funds have been requested to be budgeted for FY21/22 in 50412719-033191 for FSA and Retiree <br />Billing Services in the amount of $20,200 and budgeted in 50412719-034585 for COBRA administration in <br />the amount of $5,500. <br />RECOMMENDATION: <br />Staff respectfully recommends the Board approve the selection of Clarity Benefit Solutions for retiree <br />billing services at a rate of $2.50 per retiree per month with a three (3) year rate guarantee; approve the <br />selection of P & A Group for FSA services at a rate of $3.00 per participant per month with a five (5) year <br />rate guarantee; approve the selection of P & A Group for COBRA services at a rate of $.50 per benefit <br />eligible employee per month with a three (3) year rate guarantee; and authorize the Chairman of the <br />Board to execute the negotiated agreements with Clarity and P & A Group and any and all documents <br />necessary to effectuate the agreements effective October 1, 2021. <br />ATTACHMENTS: <br />Lockton Marketing Analysis for FSA, COBRA and Retiree Billing <br />Breakdown of Recommended Vendors <br />Sample Agreement with Clarity Benefit Solutions for Retiree Billing <br />Sample Agreement with P & A Group for FSA & COBRA services <br />30 <br />