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SMART Board Meeting Agenda Packet January 2026

SMART hires Manquen Vance as benefits consultant

Not to exceed $275,000.00 for the three‑year base, plus $100,000.00 for option year one and $105,000.00 for option year two (total not to exceed $480,000.00 for five years)Suburban Mobility Authority For Regional TransportationMANQUEN VANCEJanuary 22, 2026

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Derivita logo
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Description

SMART approved a multi‑year contract with Manquen Vance to serve as its employee benefits consultant, with compensation capped at $275,000 for the initial three‑year term and up to $480,000 including two optional one‑year renewals. The consultant will assist SMART in designing, evaluating, and funding employee benefits programs.

Contract Details

Contract Amount

Not to exceed $275,000.00 for the three‑year base, plus $100,000.00 for option year one and $105,000.00 for option year two (total not to exceed $480,000.00 for five years)

Vendor

MANQUEN VANCE

Agency

Suburban Mobility Authority For Regional Transportation, MI

Contract Type

CONSULTING

Document Date

January 22, 2026

Contract Term

Three‑year base term plus two one‑year renewal options (total possible five years)

Renewal Info

Includes two one‑year renewal options after the three‑year base term, funded at not to exceed $100,000.00 for option year one and $105,000.00 for option year two, for a total potential contract value of $480,000.00 over five years. Exercise of options subject to future Board/management action.

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