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R-1807 - 05/28/2019 - PURCHASING - Resolutions RESOLUTION 2019-PL-IS-R-1807 A RESOLUTION APPROVING THE WAIVER OF COMPETITIVE BIDDING AND AUTHORIZING THE PURCHASE OFINSURANCE BENEFITS FOR EMPLOYEES WHEREAS, the Village provides its employees with hem|th, dental, and life insurance benefits (collectively, "Insurance F9ans'�; and VVHEREAS, the Village currently purchases health insurance coverage, third-party administrator yarvicesand stop loss insurance from B|ueCnmemEUuaShio|d of Illinois(collectively, ~8C/BS Plans'�; and WHEREAS, the Village wishes to change providers and purchase dental insurance coverage from Buend|mn Dental("GuandimnPlan'�; and WHEREAS, the Village currently purchases term life insurance coverage from Dearborn National ('I)earbornP/an'�; and WHEREAS, the Insurance Plans are upfor renevva|� and VVHEREAS, instead of putting the purchase of the Insurance Plans out to bid o/ request for competitive proposals, the Village Board has once again retained Vista National Insurance Group, Inc. to market the Insurance Plans to various insurance providers to mttu|n the most advantageous Insurance Plans for the ViUaga| and WHEREAS, because the Village retained Vista National Insurance Group. Inc. to obtain quotes from various insurance providers, and the Village Board believes that Vista National Insurance Group, Inc, has negotiated for the purchase of Insurance Plans that are advantageous to the Village, Village staff has recommended that the Village waive competitive bidding for the purchase of the Insurance Plans; and WHEREAS, Village staff has recommended the Village Board renew: (i)the BC/BS Plans so that they continue through June 30, 2020� (ii) change providers to the Guardian Plan so that itcontinues through June JO. 2028; (iii) and (iv) the Dearborn Plan so that it continues through June 30. 2020 (co||ao\ivo|y. ~Rono*mhs'�/ end WHEREAS, the President and Board of Trustees, being fully advised in the pmmioeu, have determined that it is in the boot interests ofthe Village and its residents to so waive competitive bidding and to approve the Insurance Planu, all subject tothe appropriation ofsufficient funds for the Insurance Plans inthe future fiscal year: NOW THEREFORE, BE |TRESOLVED BYTHE PRESIDENT AND BOARD OFTRUSTEES OF THE VILLAGE OFOAK BROOK, DUPAGE AND COOK COUNTIES, ILLINOIS asfollows: Section 1: Recitals, The foregoing recitals are hereby incorporated into, and made o port of this Resolution as the findings of the President and Board of Trustees of the Village of Oak Brook. Section 2: Waiver of Competitive Bidding Requirements. The advertising and bidding requirements for the purchase of the Insurance Plans are hereby waived in accordance with Section 1-7- 4 of -7'4of the Village Code. Section_3� Authorization of Insurance Plan. The purchase of the Insurance Plans is hereby authorized. Section 4: Execution of Required Documentation. The P/eaidenl, Village Manager, and the Village Clerk shall be, and are henaUy, authorized to execute and atteo<, on behalf ofthe Village all Resolution 2019-PL-IS-R-1807 Approving the Purchase m Insurance Plans Page of documents necessary to complete the purchase of the Insurance Plans pursuant to Section 3ofthis Resolution,which documentation shall be in afinal form approved bythe Village Attorney. Section 5: Effective Date.This Resolution shall be in full force and effect from and after its passage by two-thirds of the Trustees and its approval in the manner provided by law. APPROVED THIS 28thday ofMay, 2019 Gopal G. Lalmalani Village President PASSED THIS 28th day ofMay, 2019 Ayes: Trustees Baar, Cuevas, Manzo, Saiyed, Tiesenga, Yusuf Nayn� None Absent: None B Of 044r Village Clerk �s _ �_ a� -: {,�