Jackson County Logo Jackson County Banner
Share to Facebook Share to Twitter Bookmark and Share
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
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 appropr...

Click here for full text