e|agenda.NET Sarasota County Schools |
THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA Landings Administrative Complex 1980 Landings Blvd. 6:30 P.M. |
Agenda Item #32 Title RENEWAL OF TSA CONSULTING GROUP ADMINISTRATION SERVICES AGREEMENT EFFECTIVE JULY 1, 2012 THROUGH JULY 30, 2013 Description In April 2011, the Board executed an administration services agreement with TSA Consulting Group for Internal Revenue Code 403(b) compliance services and educational and third party administration program services. The agreement provides for annual contract renewals with a 3% increase in service fee each year until June 30, 2016. This renewal will be for year 2 (7/1/12 through 6/30/13) at the rate of $5.15 per year per participant billed monthly. Recommendation That the year 2 renewal of the administration services agreement, effective July 1, 2012 through June 30, 2013, with TSA Consulting Group, be approved as presented. Contact WHITE & CORCORAN/PETERSON Financial Impact $29,355 Attachment: Sarasota FL Executed Contract 10-1-11 smm.pdf Attachment: Sarasota FL Renewal Letter for 7-1-12.pdf Attachment: TSACG Renewal 10-01-2011.pdf |