File #: 16025    Version: 0 Name: casualty insurance for Jackson County
Type: Resolution Status: Passed
File created: 9/25/2006 In control: County Legislature
On agenda: 9/25/2006 Final action: 9/25/2006
Title: A RESOLUTION awarding a twelve-month term and supply contract, with three twelve-month options to extend, for the furnishing of property casualty insurance for use countywide to Lockton Companies, Inc., of Kansas City, MO, under the terms and conditions of Invitation to Bid No. 21-06.
Sponsors: Scott Burnett
Indexes: CASUALITY INSURANCE COVERAGE

                     IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

 

 

Title

A RESOLUTION awarding a twelve-month term and supply contract, with three twelve-month options to extend, for the furnishing of property casualty insurance for use countywide to Lockton Companies, Inc., of Kansas City, MO, under the terms and conditions of Invitation to Bid No. 21-06.

 

 

Intro

RESOLUTION # 16025, September 25, 2006

 

INTRODUCED BY Scott Burnett, County Legislator                                                                              

 

 

Body

WHEREAS, the Director of Finance and Purchasing has solicited bids on Invitation to Bid No. 21-06 for the furnishing of property insurance for use by the Finance Department; and,

 

WHEREAS, a total of forty solicitations were distributed and five responses were received, three of which were "No Bid," with the remaining bids as follows:

                     BIDDER                                                                                    ANNUAL PREMIUM                     DEDUCTIBLE

 

                     Lockton Companies                                          $367,002                                                               $150,000

                     Broker for Travelers Indemnity Co.

                     Kansas City (Jackson County), MO

 

                     FMGlobal                                                                                    $360,000                                                               $250,000

                     St. Louis, MO

 

and,

 

WHEREAS, following evaluation of the bids submitted, the Director of Finance and Purchasing recommends award to Lockton Companies of Kansas City, MO, as the lowest and best bidder; now therefore,

 

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

 

BE IT FURTHER RESOLVED that the Director of the Department of Finance is authorized to make all payments, including final payment on the contract, to the extent that sufficient appropriations are contained in the then current Jackson County budget.

 

 

Enacted and Approved

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

 

APPROVED AS TO FORM:

 

______________________________                                               _______________________________

Chief Deputy County Counselor                                                                    County Counselor

 

Certificate of Passage

 

                     I hereby certify that the attached resolution, Resolution # 16025 of September 25, 2006 was duly passed on September 25, 2006 by the Jackson County Legislature.  The votes thereon were as follows:

 

                     Yeas _______7________                                                               Nays _______0_______

 

                     Abstaining ____0_______                                                               Absent ______2______

 

 

________________________                                          ____________________________________

Date                                                                                                                                   Mary Jo Spino, Clerk of the Legislature

                                                                                                                                                   

                                                                                    

 

Fiscal Note

                                          

This award is made on a need basis and does not obligate Jackson County to pay any specific amount.  The availability of funds for specific purchases is subject to annual appropriation.

 

 

_______________________                                            __________________________________

Date                                                                                                                                Director of the Department of Finance