File #: 14337    Version: 0 Name: Property casualty insurance.
Type: Resolution Status: Passed
File created: 10/7/2002 In control: Finance and Audit Committee
On agenda: 10/7/2002 Final action: 10/14/2002
Title: A RESOLUTION awarding a contract for the furnishing of property casualty insurance for use countywide to FM Global of St. Louis, MO, at a cost to the County not to exceed $552,000.00.
Sponsors: Ronald E. Finley
Indexes: INSURANCE

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

 

 

Title

A RESOLUTION awarding a contract for the furnishing of property casualty insurance for use countywide to FM Global of St. Louis, MO, at a cost to the County not to exceed $552,000.00.

 

Intro

RESOLUTION # 14337, October 7, 2002

 

INTRODUCED BY Ronald E. Finley, County Legislator

 

 

Body

WHEREAS, the Purchasing Director has solicited formal written bids on Bid No. 62-02 for the furnishing of property casualty insurance for use countywide; and,

 

WHEREAS, he has received as the only responsive bid thereon a bid from FM Global of St. Louis, MO, in the actual amount of $587,244; and,

 

WHEREAS, the County's Risk Manager thereafter requested a quote with a higher deductible, reducing the bid to $552,000; and,

 

WHEREAS, the Purchasing Director recommends award of the contract to FM Global of St. Louis, MO, for the reason that it has submitted the lowest and best bid; now therefore,

 

BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that award be made as recommended by the Purchasing Director and that the Purchasing Director be and hereby is authorized to execute any documents necessary to the accomplishment of the award; and,

BE IT FURTHER RESOLVED that the Director of the Department of Finance be and hereby is authorized to make all payments including final payment on the contract.

 

Enacted and Approved

Effective Date:  This Resolution shall be effective immediately upon its passage by a majority of the Legislature.

 

APPROVED AS TO FORM:

 

______________________________                                            ________________________________

                                                                                                                                                                        County Counselor

 

Certificate of Passage

 

                     I hereby certify that the attached resolution, Resolution # 14337 of October 7, 2002 passed on ___________October 14________________, 2002 by the Jackson County Legislature.  The votes thereon were as follows:

 

                     Yeas _______5__________                      Nays _______0_______

 

                     Abstaining ______0_______                     Absent _____4_______

 

 

______________________                       _________________________________

Date                                                                                                         Mary Jo Spino, Clerk of Legislature

 

Fiscal Note

There is a balance otherwise unencumbered to the credit of the appropriation to which the expenditure is chargeable and there is a cash balance otherwise unencumbered in the treasury to the credit of the fund from which payment is to be made each sufficient to provide for the obligation herein authorized. 

 

ACCOUNT NUMBER:                         060 5160 6310 

 

ACCOUNT TITLE:                                          Self Insurance Fund

                                                                                    Self Insurance

                                                                                    Property Damage

 

NOT TO EXCEED:                                          $552,000.00

 

 

________________________                                          __________________________________

Date                                                                                                                              Director of the Department of Finance