Legislation Details

File #: #R8088    Version: 1 Name: Property and Casualty Insurance Renewal
Type: Resolution Status: Agenda Ready
File created: 1/31/2024 In control: CITY COMMISSION REGULAR MEETING
On agenda: 2/21/2024 Final action:
Title: Temp. Reso. #R8088 authorizing the renewal of various insurance coverages for the City's Property and Casualty Insurance Program as part of the City's Comprehensive Risk Management Program, effective April 1, 2024; approving a projected premium cost of $4,993,096, not-to-exceed $5,000,000, including taxes and fees; declaring by four-fifths affirmative vote that applying the City's Competitive Procurement Procedures to the insurance renewals is not in the City's best interest, thereby exempting the insurance renewals from the City's competitive procurement requirements; authorizing the Human Resources Director to negotiate lower premium amounts due under the insurance renewals; authorizing the City Manager to execute the insurance renewal agreements. (Human Resources Director Randy Cross)
Attachments: 1. R8088 Property and Casulty Insurance Renewal 4-1-24 - Revision with backup
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.

CITY OF MIRAMAR

PROPOSED CITY COMMISSION AGENDA ITEM

 

Item Description:

Title

Temp. Reso. #R8088 authorizing the renewal of various insurance coverages for the City’s Property and Casualty Insurance Program as  part of the City’s Comprehensive Risk Management Program, effective April 1, 2024; approving a projected premium cost of $4,993,096, not-to-exceed $5,000,000, including taxes and fees; declaring by four-fifths affirmative vote that applying the City’s Competitive Procurement Procedures to the insurance renewals is not in the City’s best interest, thereby exempting the insurance renewals from the City’s competitive procurement requirements; authorizing the Human Resources Director to negotiate lower premium amounts due under the insurance renewals; authorizing the City Manager to execute the insurance renewal agreements. (Human Resources Director Randy Cross)