26-23HR_Exhibit_C_Proposal_Price_Form.pdf

This is a Price Proposal Form submitted by the City of Sarasota, Florida, for Broker/Agent Services related to health-related employee benefits. The City is soliciting proposals from experienced and qualified individuals or firms to provide agent/broker services for the evaluation, obtaining, and management of self-funded medical, pharmacy, and dental plans, as well as supplemental insurance coverage. Respondents must demonstrate continuing capability to perform these services and possess the necessary licenses and certifications. The initial contract period is three years, with the opportunity for two additional one-year extension periods by mutual agreement, subject to budgetary constraints.

The pricing structure for this engagement is based on annual broker fees paid on a fixed-price basis, with quarterly payments according to the annual amounts specified for Year 1, Year 2, and Year 3 of the initial contract period. The form provides line items for the broker to enter proposed annual fees for each year, along with a total for the three-year period. Upon contract renewal, annual amounts shall be renegotiated and mutually agreed upon for each extension period.