File #: 20259    Version: 0 Name: Property casualty insurance Lockton
Type: Resolution Status: Passed
File created: 9/12/2019 In control: Budget Committee
On agenda: 9/16/2019 Final action: 9/23/2019
Title: A RESOLUTION awarding a twelve-month contract with four twelve-month options to extend for the furnishing of property casualty insurance for use countywide to Lockton Companies, LLC., of Kansas City, MO, under the terms and conditions of Request for Proposals No. 46-19, at an actual annual cost to the county in the amount of $892,844.00.
Sponsors: Scott Burnett
Indexes: CONTRACT, INSURANCE
Attachments: 1. 20259bu.pdf, 2. 20259adopt.pdf, 3. 20259 Lockton Co Contract.pdf, 4. 2020 Travelers Release of Claims.pdf
Related files: 18954, 21087

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

 

 

Title

A RESOLUTION awarding a twelve-month contract with four twelve-month options to extend for the furnishing of property casualty insurance for use countywide to Lockton Companies, LLC., of Kansas City, MO, under the terms and conditions of Request for Proposals No. 46-19, at an actual annual cost to the county in the amount of $892,844.00.

 

 

Intro

RESOLUTION NO. 20259, September 16, 2019

 

INTRODUCED BY Scott Burnett, County Legislator                                                                              

 

 

Body

 WHEREAS, the Director of Finance and Purchasing has solicited written proposals on Request for Proposals No. 46-19 for the furnishing of property insurance for use by the Finance and Purchasing Department; and,

 

WHEREAS, a total of sixteen notifications were distributed and one response was received and evaluated as follows:

 BIDDER                                                                                                         ANNUAL PREMIUM    POINTS AWARDED

 

Lockton Companies, Broker                                                               $892,844.00                                                               97.5

for Traveler’s Indemnity Co.

Kansas City (Jackson County), MO

                        

 

and,

 

 

 

WHEREAS, following evaluation of the bid submitted, the Director of Finance and Purchasing recommends award of a twelve-month contract with four twelve-month options to extend to Lockton Companies of Kansas City (Jackson County), MO, broker for Travelers Indemnity Co., under the terms and conditions of RFP 46-19; and,

 WHEREAS, the recommended broker’s compensation will be in the form of a commission paid by the insurance company; 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 and Purchasing 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 No. 20259 of September 16, 2019 was duly passed on September 23, 2019 by the Jackson County Legislature.  The votes thereon were as follows:

 

 

Yeas _______9________                                                               Nays ______0________

 

 

Abstaining ____0_____                                                               Absent _____0_______

 

 

 

________________________                                                               _______________________________

Date                                                                                                                                                          Mary Jo Spino, Clerk of the 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.

 

Funding for future years is subject to appropriation in the County’s then current budget.

 

ACCOUNT NUMBER:                     060                     5160                     56310

ACCOUNT TITLE:                                          Self-Insurance Fund

Non-Departmental-Self Insurance

Property Damage

NOT TO EXCEED:                                          $892,844.00

 

 

 

_______________________                                                                 _______________________________

Date                                                                                                                                                     Chief Administrative Officer