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:

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