Label
PHARMACY BENEFIT MANAGER (PBM) CONTRACT EXTENSION
Human Resources
Tyrome Alexander (x1031)
Title
Authorizing the Mayor to enter into an extension with OptumRx for the provision of pharmacy benefit management services for the City of Toledo covered employees for a term of fifteen (15) months; authorizing the expenditure of funds; and authorizing the waiver of competitive proposal and bidding requirements under 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 28, 2021. The current agreement can be extended until May 31, 2022.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the Mayor is authorized to extend the Agreement with OptumRX for the provision of pharmacy benefit management services for a period of fifteen (15) months; and the expenditure of funds is authorized. The competitive proposal and bidding requirements under Toledo Municipal Code Chapter 187 are waived. 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 expenditures for pharmacy benefit management services are authorized from Account Code 7083-17100-537410-1156001STDSTD. That said costs shall then be allocated to Account Code 517400 (Medical Insurance) within the various City 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 Ordinance is declared to be an emergency measure and shall be in force and effect from and after its passage. The reason for the emergency lies in the fact that same is necessary for the immediate preservation of the public peace, health, safety and property, and for the further reason that the Ordinance must be immediately effective in order to maintain services beneficial and necessary to the City and its employees.
Vote on emergency clause: yeas _____, nays _____.
Passed: _________________, as an emergency measure: yeas _____, nays _____.
Attest: ________________________ __________________________________
Clerk of Council President of Council
Approved: _____________________ __________________________________
Mayor
I hereby certify that the above is a true and correct copy of an Ordinance passed by Council ________________________.
Attest: ________________________
Clerk of Council