Label
PHARMACY BENEFIT MANAGER (PBM)
Department of Human Resources
Tyrome Alexander (x1031)
(Revised)
Title
Authorizing the mayor to enter into a pharmacy benefit management services contract extension with OptumRx for the provision of services to covered City of Toledo employees for a term of one (1) additional year; authorizing the expenditure of funds; waiving the competitive bidding requirements of Toledo Municipal Code Chapter 187; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
The city's pharmacy benefit management services contract with OptumRx, the current provider, expires on February 29, 2020. This ordinance is requesting for the current agreement to be extended one year through February 28, 2021. It is in the best interest of the City to waive competitive bidding as maintaining the existing agreement with OptumRx affords the City the necessary time to conduct a comprehensive review and assessment of its future pharmacy benefit needs.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the mayor is authorized to extend the current agreement with OptumRx for a period of one (1) year for the provision of pharmacy benefit management services. Such Agreement shall contain terms and conditions deemed proper and requisite according to the Director of Law and the Director of Human Resources.
SECTION 2. That, subject to future appropriations, the expenditure of price determinant funds is authorized from Account Code 1098-150330 for the purpose identified in Section 1, with said costs being allocated to Account Number 517400 (Medical Insurance) within the various organization units.
SECTION 3. That the Director of Finance is authorized to draw his warrant or warrants against the Account Code authorized in Section 2, in payment of the above authorized obligations upon presentation of proper voucher or vouchers.
SECTION 4. That this Council finds it in the bes...
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