File #: 21729    Version: 1 Name: Property Insurance Broker - Lockton
Type: Resolution Status: Passed
File created: 9/11/2024 In control: Budget Committee
On agenda: 9/16/2024 Final action: 9/23/2024
Title: A RESOLUTION transferring $200,000.00 within the 2024 Self-Insurance Fund and awarding a twelve-month contract with four twelve month options to extend for the furnishing of a broker for property insurance for use by the Finance Department to Lockton Companies of Kansas City, MO, under the terms and conditions of Request for Proposals No.24-066, at an actual cost to the County in the amount of $2,575,950.00.
Sponsors: Megan L. Marshall
Indexes: FINANCE DEPARTMENT, INSURANCE, SELF INSURANCE FUND
Attachments: 1. 21729adopted, 2. RLA, 3. Fiscal Note 24-279 - Finance - Property Insurance, 4. 24-066 Recommendation Memo.pdf, 5. 24-066 Summary.pdf, 6. Lockton Price Sheet.pdf
Related files: 18954, 20259
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

Title
A RESOLUTION transferring $200,000.00 within the 2024 Self-Insurance Fund and awarding a twelve-month contract with four twelve month options to extend for the furnishing of a broker for property insurance for use by the Finance Department to Lockton Companies of Kansas City, MO, under the terms and conditions of Request for Proposals No.24-066, at an actual cost to the County in the amount of $2,575,950.00.


Intro
RESOLUTION NO. 21729, September 16, 2024

INTRODUCED BY Megan L. Marshall, County Legislator


Drafter
WHEREAS, the Director of Finance and Purchasing has solicited proposals on Request for Proposals (RFP) No. 24-066 for the furnishing of a broker for property insurance for use by the Finance Department; and,

WHEREAS, a total of eighteen notifications were distributed and four responses were received, one of which was rejected by Purchasing, with the remaining proposals as following:

VENDOR

Lockton Companies
Kansas City, MO

McGriff Insurance Services
Charlotte, NC

Higginbotham
Fort Worth, TX


WHEREAS, pursuant to section 1054.6 of the Jackson County Code, the Director of Finance and Purchasing recommends the award of a twelve-month contract with four twelve month options to extend for the furnishing of the required services to Lockton Companies of Kansas City, MO, for the reason that it has submitted the lowest and best proposal; now therefore,

BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the following transfer within the 2024 Self-Insurance Fund be and hereby is made:

DEPARTMENT/DIVISION
CHARACTER/DESCRIPTION
FROM
TO
Self-Insurance Fund
Finance



060-1404
56830- Contingency
$200,000

060-1404
56310- Property Insurance

$200,000



and,


BE IT FURTHER RESOLVED by the County Legislature of Jackson County, Missouri, that award be made as recommended by the Director Finance and Purchasing and that the director be, and is hereby, authorized to execute ...

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