Posting Language
Title
Authorize a contract for actuarial and consulting services for benefit programs for the Human Resources Department with The Segal Company (Southeast), Inc., dba Segal for an initial term of three years with up to three 1-year extension options, for a total contract amount not to exceed $4,065,000. Funding: $825,000 is available in the Operating Budget of the Human Resources Department. Funding for the remaining contract term is contingent upon available funding in future budgets.
Body
Lead Department
Financial Services Department.
Client Department(s)
Human Resources Department.
Fiscal Note
Funding in the amount of $825,000 is available in the Fiscal Year 2025-2026 Operating Budget of the Human Resources Department.
Funding for the remaining contract term is contingent upon available funding in future budgets.
Purchasing Language:
The Financial Services Department issued a Request for Proposals solicitation RFP 5800 SMW3033 for these services. The solicitation was issued on June 9, 2025, and closed on July 8, 2025. Of the eight offers received,
the recommended contractor submitted the best evaluated responsive offer. A complete solicitation package,
including all offers received, is available for viewing on the City's website. This information can currently be found at: https://financeonline.austintexas.gov/afo/account_services/solicitation/solicitation_details.cfm?sid=142783
.
MBE/WBE:
This solicitation was reviewed for subcontracting opportunities in accordance with City Code Chapter 2-9B (Minority-Owned and Women-Owned Business Enterprise Procurement Program). For the services required for this solicitation, there were no subcontracting opportunities; therefore, no subcontracting goals were established.
For More Information:
Direct questions regarding this Recommendation for Council Action to the Financial Services Department - Central Procurement at FSDCentralProcurementRCAs@austintexas.gov or 512-974-2500. Respondents to the ...
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