FINANCIAL_SERVICESONGOING

Marsh McLennan Agency Details Benefits Savings & HRA Fees

Marsh McLennan Agency presented an employee benefits update showing over $750,000 in negotiated health plan savings for the City of Buda since 2018. The firm continues to administer the City’s HRA program and advise on HSA versus HRA funding strategies.

Status
ONGOING
Document date
July 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Marsh Mclennan Agency
Agency
City of Buda · TX

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Administrative fees of $4.00 PPPM in 2025 and $4.10 PPPM in 2026 for HRA administration; $750,299 cumulative renewal savings negotiated since 2018
Contract type
FINANCIAL_SERVICES
Contract term
Ongoing benefits brokerage and HRA admin through at least June 2026 (per fee figures)
Renewal
Presentation indicates ongoing brokerage and HRA admin services; no explicit renewal date or term amendment is stated in the agenda excerpt.
Document type
Agenda
Source document
City of Buda Agenda 2026-07-23

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Buda?

Marsh Mclennan Agency was awarded this financial services contract by City of Buda, as recorded on July 23, 2026. The contract value is Administrative fees of $4.00 PPPM in 2025 and $4.10 PPPM in 2026 for HRA administration; $750,299 cumulative renewal savings negotiated since 2018.

How much is the Marsh Mclennan Agency contract with City of Buda worth?

The Marsh Mclennan Agency contract with City of Buda is valued at Administrative fees of $4.00 PPPM in 2025 and $4.10 PPPM in 2026 for HRA administration; $750,299 cumulative renewal savings negotiated since 2018, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Buda Agenda 2026-07-23 (Agenda), dated July 23, 2026 from City of Buda. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Marsh Mclennan Agency hold?

Marsh Mclennan Agency may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Marsh Mclennan Agency's profile

What is City of Buda currently buying?

Explore City of Buda's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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