Pays P&A Administrative Services up to $270,000 to run employee benefit accounts through 2025
The district is hiring P&A Administrative Services, Inc. of Buffalo, NY to administer its Flexible Spending Account, dependent care, transit, COBRA and billing services for employees. The cost can be no more than $90,000 per year and $270,000 over the whole term, March 1, 2022 through June 30, 2025.
Plain-English summary written by AI from the official text. AI summary · amounts checked against official text
- Vendor / partner
- P&A Administrative Services, Inc. · Buffalo, NY
- Action
- New agreement
- Category Categories and sub-categories are assigned by AI from each item's official text, using a fixed set of definitions. They can be wrong. How categories work
- Legal, compliance & risk
- Term
- Mar 1, 2022 – Jun 30, 2025
- This vote
- $270,000
- Presented by
- Chief Financial Officer
- File
22-0248· agendaV.-1- Outcome
- Adopted on the General Consent Report, Feb 23, 2022
Official text
Approval by the Board of Education of a Services Agreement 2021-2022 by and between the District and P&A Administrative Services, Inc., Buffalo, NY, for the latter to serve as Third Party Administrator of the District’s Flexible Spending Account (FSA), Dependent Care Assistance Program (DCPA), Transit, COBRA and Billing Services, as delineated in Exhibit A of Agreement, incorporated herein by reference as though fully set forth, for the term March 1, 2022 through June 30, 2025, at a cost not to exceed $90,000.00 annually, not to exceed $270,000.00 cumulatively for the term.
History
- Adopted on the General Consent Report