AGENDA CAPTION:
Title
Consider approval of Resolution 2019-61R, approving a Master Interlocal Purchasing Agreement with the North Central Texas Council of Governments (NCTCG) for the City's procurement of Actuarial Services; authorizing the City Manager or his designee to execute this agreement on behalf of the City; and declaring an effective date.
Body
Meeting date: April 2, 2019
Department: Human Resources Department - Linda Spacek, Director (By Lynda Williams, Purchasing Manager)
Amount & Source of Funding
Funds Required: N/A
Account Number: N/A
Funds Available: N/A
Account Name: N/A
Fiscal Note:
Prior Council Action: In 2007, 2013, and 2015, the City obtained City Council approval for one-year agreements with North Central Texas Council of Governments specifically for actuarial services.
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Background Information:
Pursuant to Chapter 791, Texas Government Code, the City may enter into an interlocal cooperation contract with North Central Texas Council of Governments (NCTCOG) whereby the City may procure certain shared products or services through the NCTCOG contracts.
Through the interlocal agreement with NCTCOG, the City intends to utilize a contract with Gabriel Roeder Smith & Company, Irving, Texas for actuarial services for the City's benefits plan through the NCTCOG. The City is required by the Governmental Accounting Standards Boa...
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