HomeMy WebLinkAboutResolution - 2023-R0266 - Amendment No. 1 Contract 13972 with Marsh & McLennan AgencyResolution No. 2023-RO266
Item No. 5.28
May 23, 2023
RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Mayor of the City of Lubbock is hereby authorized and directed to execute
for and on behalf of the City of Lubbock, First Amendment to that certain Services Agreement
dated April 26, 2018, for actuarial and consulting services in support of the City's self -insured
health benefit plan, by and between the City of Lubbock and Milliman, Inc. and Marsh &
McLennan Agency, LLC, and related documents. Said Amendment is attached hereto and
incorporated in this resolution as if fully set forth herein and shall be included in the minutes of
the City Council.
Passed by the City Council on May 23, 2023
APPROVED
Human Resources Director
APPROVED AS T•FORM:
17-ii-Itle, irst Assistant City Attorney
ccdocs/RES.Amend to Agrmt-Milliman & MMA
May 5, 2023
Resolution No. 2023-R0266
STATE OF TEXAS §
KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LUBBOCK §
FIRST AMENDMENT TO SERVICES AGREEMENT
THIS FIRST AMENDMENT TO SERVICES AGREEMENT, hereinafter referred to as the "Amendment" is
entered into by the CITY OF LUBBOCK (referred to herein as City), a Home Rule Municipality of Lubbock County,
Texas, MILLIMAN, INC. ("Milliman"), and MARSH & MCLENNAN AGENCY, LLC ("MMA"), (collectively, herein, the
"Parties")
WITNESSETH:
WHEREAS, City, Milliman, and MMA executed a Services Agreement ("Agreement") on April 26, 2018 by
Resolution No. 2018-110144, pursuant to which the City retained from Milliman and MMA certain actuarial and
consulting services in support of the City's self -insured health benefit plan; and
WHEREAS, the Agreement provided for an initial one year term with an option to renew annually for
four additional one-year terms; and
WHEREAS, the Parties now desire to amend the Agreement to provide for the option to renew the
Agreement for an additional one-year term.
NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the Parties hereby agree to the following:
1. Section 4 of the Agreement is amended to read as follows:
"4. Term The term of this Services Agreement will be June 1, 2018 and end May 31, 2019 and
may be renewed annually for five additional one-year terms at the direction of the City Manager or
Client. However, in no event will this Services Agreement exceed the term of the Consulting Agreement
between the Client and MMS. Client or Milliman or MMA may terminated this Services Agreement at
any time during this term by providing 30-day written notice to the other parties. This Services
Agreement shall automatically terminate on notice to Milliman of termination of the Consulting
Agreement by either Client or MMA. If this Services Agreement is terminated, MMA and Client shall be
obligated to pay Milliman for services actually performed by Milliman prior to the effective date of
termination."
First Amendment to Services Agreement
City of Lubbock, Milliman, Marsh & McLennan Page 1 of 2
All other terms and conditions of the Agreement shall remain unchanged and in full force and
effect, except as may be necessary to effectuate the purpose of amended Section 4.
EXECUTED this 23rd day of Ma
THE CITY OF LUBBOCK
BY: D?22
TRAY PAY , MAYOR
ATTEST:
Courtney Paz, 6ty
Sec et ry
APPROVED AS TO ON , NT:
rian—Dif-kerson, IrAerim Human Resources Director
2023.
Millim , In .
BY:
Ronald M. Cornwell
Principal & Consulting Actuary
Marsh & McLennan Agency, LLC
BY:;a,//
Mike Harris
Chief Operating Officer
First Amendment to Services Agreement
City of Lubbock, Milliman, Marsh & McLennan Page 2 of 2