Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Ratifying The City Manager’s Approval Authorizing The Appropriate City Officials To Bind The Policies For Excess Liability, Excess Workers’ Compensation Insurance, Pollution Liability, Marina Package, Blanket Accident, Storage Tank Liability, Deadly Weapon/Active Shooter, EMT Professional Liability, And Cyber Liability For An Amount Not To Exceed $1,659,640.00 For Which Quotes Were Solicited By Aon Risk Services West, Inc.
Strategic Plan Focus
Infrastructure & Facilites
Body
Staff Recommends: Approval of the attached Resolution.
Explanation:
The City desires to protect its assets through the purchase of various casualty insurance products. In accordance with the City’s Purchasing Code, Section 38.41(C) (10), purchases of insurance through the City’s “Agent of Record” are exempt from the competitive bid and competitive proposal requirements. Utilizing RFP 060-23-WV and Resolution R-2023-225, the City designated Aon Risk Services West, Inc. as its agent of record.
The total renewal cost is for a not to exceed amount of $1,659,640.00.
Fiscal Impact:
Funding for these agreements is available in the FY 2024 Operating Budget in account numbers: 558.112006.51900.591940.000000.000.000, 558.112006.51900.591930.000000.000.000, and 558.112006.51900.591910.000000.000.000.
Recommended for inclusion on the agenda by:
Tammie L. Hechler, Director, Human Resources
Raelin Storey, Assistant City Manager