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2149ORDINANCE NO. 1 W q AN ORDINANCE WAIVING COMPETITIVE BIDDING ON GROUP HEALTH INSURANCE FOR CITY EMPLOYEES WITH GREAT-WEST HEALTHCARE, AND FOR OTHER PURPOSES. WHEREAS, Arkansas Code Annotated Section 14-58-303 allows waiving of competitive bidding in exceptional situations where such procedure is deemed not feasible or practical; and WHEREAS, there are many items necessary for the City's use where competitive bidding is deemed not feasible or practical; and WHEREAS, the Insurance Committee has recommended that the City obtain health insurance for City employees through Great-West Healthcare and competitive bidding would not be feasible or practical; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS: 1. That competitive bidding be waived for the following item to be used by the City, described as follows: Group health insurance for city employees with Great-West Healthcare. Competitive bidding is being waived for the reason that the Insurance Committee has considered the terms of insurance policies and has recommended the group health ~ ` insurance policy of Great-West Healthcare and competitive bidding would not be feasible or practical. PASSED AND APPROVED this 7 day of sEPi ~7~18~ , 2006. WILLIAM H. JOHNSON, Mayor ATTEST: PHIL A, City Clerk SPONSORED BY: RECEIVED City Clerk's Offfice Date/Time ~ ' 3 -a ~ ~ = 3 v~~ ~~