Finance — 06/15/16 Page 2
Tom DeLacey, Benefits Consultant for the City of Nashua.
I’m with Work Place Benefits Solutions, which is a HUB International company. Historically we had a $250,000
stop loss level which basically means any claimant who hits that $250,000 the insurance plan picks up
anything above that. We've looked at the numbers over the years. Each year we kind of look at different stop
loss levels and try to determine if it makes sense to increase that level. We're comfortable with increasing it
based on the overall size of the group and the amount of claims, which is roughly about one percent of total
claims, and also because of the reserve fund that the city has. We think that city can save some money, and
they have sufficient reserves if there was a particularly bad year.
Alderman Siegel
What’s your estimate moving forward of what we can save by upping that limit by $100,000? The deductible,
rather.
Mr. DeLacey
For instance what next year’s premium would be, they really kind of run in line. If you look there’s about a 25
percent savings to go from $250,000 to $350,000. You would think that would continue to be that 25 percent
difference year over year.
Alderman Siegel
Okay, thank you very much.
MOTION CARRIED
From: Dan Kooken, Purchasing Manager
Re: Nashua City Wide Telecom Project (Value: $2,200,000)
MOTION BY ALDERMAN SIEGEL TO ACCEPT, PLACE ON FILE AND, CONTINGENT UPON BOARD OF
ALDERMEN APPROVAL, AWARD THE CONTRACT TO CUSTOM COMPUTER SPECIALISTS, INC. IN
THE AMOUNT OF $2,200,000. SOURCE OF FUNDING IS DEPARTMENT, 122 INFORMATION
TECHNOLOGY; BOND; 71, EQUIPMENT
ON THE QUESTION
Director Bruce Codagnone, IT Division
We have with us Rick Farrenkopf, who is the Director of Technology at the Schools, Peter Cinfo, IT Manager
for the Police Department, and Suzanne MacLaughlin and Paul from Custom Computer. They are on the
vendor side. We got proposals from seven different vendors. We had a wide variety of criteria other than the
costs that we looked at. Custom Computer ranked the highest. We have a very complex ranking sheet that
we use. Every member of the team independently put their data into the sheet. We came back with the top
two vendors. We invited the top two vendors to come in for further discussions. We felt Custom Computer
had the strongest bid as well as the best product for the city.
Mayor Donchess
Who, other than yourself, was on the team interviewing the vendors?
