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AN ORDINANCE TO WAIVE COMPETITIVE BIDDING AND AUTHORIZE A CONTRACT WITH ARKANSAS BLUE CROSS BLUE SHIELD TO PROVIDE INSURANCE COVERAGE FOR CITY EMPLOYEES FOR 2021.
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WHEREAS, the City has negotiated a favorable rate for insurance coverage for January 1 through December 31, 2021, and it would not be feasible or practical to require bids.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
SECTION 1: That the City of Jonesboro shall enter into a contract for insurance coverage with Arkansas Blue Cross Blue Shield for a 5% increase in premiums. Single coverage will be $501.22 per month and $1076.82 for family coverage. The City will pay 71% of the premiums for both single and family coverage. Benefits will remain the same.
SECTION 2: Due to the need to maintain adequate coverage for city employees at an advantageous rate, competitive bidding would neither be feasible nor practical. As such, pursuant to the provisions of ACA 14-58-303 and ACA 14-538-304, competitive bidding is hereby waived.
SECTION 3: That Mayor and City Clerk are hereby authorized to execute such documents as are necessary to effectuate the contract.
PASSED AND APPROVED THIS 1ST DAY OF DECEMBER, 2020.