Exhibit_B_–_Fee_Schedule.docx
DOCX document 18 KB Posted
- Solicitation number
- RFP PS-26-0032
- Issued by
- Maricopa County, Phoenix City, Arizona
About this file
This document is Exhibit B - Fee Schedule for a Request for Proposal (RFP PS-26-0032) issued by the City of Phoenix, Arizona, seeking group term life, AD&D, and optional life insurance plans. The solicitation is for a five-year contract commencing on January 1, 2027, with potential two additional option years. The City will select a contractor to provide comprehensive life insurance coverage for its employee population through a competitive bidding process.
The fee schedule includes critical pricing provisions, notably a "Most Favored Nations" clause allowing the City to adopt more favorable rates if the contractor has established similar terms with other clients. The initial rates are guaranteed for the full five-year contract period (January 1, 2027 through December 31, 2031), with the City retaining the right to terminate without penalty if pricing becomes non-competitive. The contractor's specific fee schedule will be inserted upon award, and price decrease requests can be submitted at any time during the contract term without requiring supporting documentation. The City reserves sole discretion in determining allowable rate increases.
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Text version
Request For Proposal - Professional Services #RFP PS-26-0032 Title: Group Term Life, AD&D, and Optional Life Insurance Plans
EXHIBIT B – FEE SCHEDULE
Most Favored Nations: If the Contractor enters (or has previously entered) any written agreement that has the effect of establishing Fee Schedule benefitting another Client with a similarly sized and risked employee pool in a manner more favorable in any material respect to Fee Schedule set forth herein, the Contractor shall furnish to the City as soon as reasonably practicable, a compendium containing the more favorable Fee Schedule (an “Election Notice”). The City may elect to receive the more favorable Fee Schedule set forth in such Election Notice that are reasonably applicable to the City upon written notice to the Contractor within thirty (30) days of receipt of a copy of such Election Notice.
The initial rates shall be guaranteed for five years, from January 1, 2027 through December 31, 2031.
The City shall have the right to terminate without penalty if the pricing terms are not industry competitive. Price decrease requests do not require supporting documentation and are allowed at any time during the contract term.
The City will be the sole judge in determining the allowable increase amount. Contractor’s Fee Schedule will be inserted upon award.
Refer to Vendor Questionnaire #4. Pricing Proposal, Financial Worksheet (Fee Schedule) to complete and provide the pricing proposal.
File details come from the government source that posted it. Updated .