Title
Award
Most Qualified: Award of Contract, Requisition No. 15-86, Minnesota Life Insurance Company, d.b.a. Minnesota Life (Headquarters: St. Paul, MN) for group term life and accidental death and dismemberment insurance, to the highest ranked/most qualified respondent, in the total three year initial contract term amount of $24,000,000.00 $7,513,212.00 (annual amount of $8,000,000.00 $2,504,404.00). Contract is for an initial term of three years and includes two one year renewal periods. The award includes the authority for the Procurement Department to utilize unused annual award amounts for future years without further action by the Board of Supervisors. Funding Source: Self-Insurance Trust Fund and employee contributions. Only eight percent of the $8,000,000.00 is paid by the County, the remainder are voluntary plans to be paid by employees. Administering Department: Human Resources.