Finance Committee - 10/04/2017 Page 9
MOTION CARRIED
From: Dan Kooken, Purchasing Manager
Re: Main Street Vehicle Detection at Allds Street (Value: $17,880)
MOTION BY ALDERMAN SIEGEL TO ACCEPT, PLACE ON FILE AND AWARD THE CONTRACT
TO ELECTRIC LIGHT COMPANY IN THE AMOUNT OF $17,880. SOURCE OF FUNDING IS
DEPARTMENT 161, GENERAL FUND; STREET INFRASTRUCTURE IMPROVEMENTS ($4,174)
AND THE PAVING TRUST, 81, INFRASTRUCTURE IMPROVEMENTS ($13,706)
ON THE QUESTION
Alderman Siegel
For people watching, this is to avoid the problem of having the loops in the street constantly getting cut. It
allows it to be out of the way so there’s less maintenance going forward and it’s a better system. Is that a good
summary, Mr. Husband?
Mr. Husband
Yes.
MOTION CARRIED
From: Dan Kooken, Purchasing Manager
Re: FY18 Winter Road Salt (Value: $465,000)
MOTION BY ALDERMAN SIEGEL TO ACCEPT, PLACE ON FILE, AND AWARD THE CONTRACT IN
EQUAL AMOUNTS OF $232,500 TO GRANITE STATE MINERALS, INC., AND EASTERN MINERALS,
INC. FOR A TOTAL AMOUNT OF $465,000. FUNDS ARE AVAILABLE IN DEPARTMENT
161, STREETS; GENERAL FUND
MOTION CARRIED
From: Dan Kooken, Purchasing Manager
Re: Communication - Retiree Drug Subsidy “Reopening” Plan Years 2012 And 2013
MOTION BY ALDERMAN SIEGEL TO ACCEPT, PLACE ON FILE AND, CONTINGENT UPON BOARD OF
ALDERMEN APPROVAL, AUTHORIZE THE CITY TO ENTER INTO THE SERVICE AGREEMENT AND
BUSINESS ASSOCIATE AGREEMENT WITH PART D ADVISORS, INC., ON A CONTINGENCY FEE
BASIS OF 20% OF ANY ADDITIONAL MEDICARE DRUG SUBSIDY RECEIVED OVER AND ABOVE THE
$773,000 PREVIOUSLY AWARDED
ON THE QUESTION
Mr. Budreau
The Medicare Drug Subsidy is a program instituted by the Medicare and Senators for Medicare and Medicaid
Services in 2003. It was intended to incent health insurers sponsor to provide retirees health plans with
prescription benefits that would make it attractive for retirees to use those health plans rather than go to
Medicare D. We no longer participate in that program directly because we moved from a self-funded retiree
plan to a fully insured plan. In the years that we were self-funded, we applied and received subsidies from the
government. For those two years in question, 2012 and 2013, it was about $773,000. A small industry has
sprung up in the last several years because what has been found is that with basically the use of software and
data there’s a handful of companies that have gone back and reviewed the applications that were previously
submitted and genuinely found that there’s still some money lying on the table. Part D Advisors is one of those
