Item Coversheet

CITY OF RIVIERA BEACH CITY COUNCIL
AGENDA ITEM SUMMARY

Meeting Date: 12/5/2018 
Agenda Category:REGULAR RESOLUTION
Subject: RESOLUTION AUTHORIZING ARTHUR J. GALLAGHER & CO. TO PROVIDE COMPREHENSIVE PROTECTED SELF-INSURANCE PACKAGE FOR THE 2018-2019 FISCAL YEAR
Recommendation/Motion: THAT THE CITY COUNCIL AUTHORIZES THE DIRECTOR OF FINANCE & ADMINISTRATIVE SERVICES TO MAKE PAYMENTS TO ARTHUR J. GALLAGHER & CO., MIAMI FOR COMPREHENSIVE PROPERTY, CASUALTY, WORKERS COMPENSATION, PUBLIC OFFICIALS LIABILITY AND EMPLOYMENT PRACTICES LIABILITY COVERAGE NOT TO EXCEED AMOUNT OF $1,725,286.00
Originating Dept HUMAN RESOURCES RISK MANAGEMENT   Costs $1,725,286 
User Dept.HUMAN RESOURCES RISK MANAGEMENT Funding Source
AdvertisedNo Budget Account Number
50215102 545000

Date   
Paper   
Affected PartiesNot Required   
Background/Summary: 

ARTHUR J. GALLAGHER OUR LIABILITY BROKER SENT OUT A REQUEST FOR PROPOSAL  TO CARRIERS TO SECURE QUOTES FOR OUR LIABILITY INSURANCES.  BASED ON THE NUMEROUS  NATURAL DISASTERS WE  ARE ESTIMATING A 9% PROGRAM INCREASE WITH MAXIMUM COST FOR ALL COVERAGE NOT TO EXCEED $1,725,286 AND A LOSS FUND ALLOCATION OF $1,600,702.94.   OUR BROKER ARTHUR J. GALLAGHER CONTINUES TO NEGOTIATE WITH CARRIERS TO REDUCE THE RENEWAL COST FOR FY 18-19.   WE ESTIMATE THE PROGRAM WILL BE WELL UNDER THE ESTIMATED COST.

 
Fiscal Years
Capital Expenditures
Operating Costs
External Revenues
Program Income (city)
In-kind Match (city) 
Net Fiscal Impact
NO. Additional FTE Positions
(cumulative)

III. Review Comments

A. Finance Department Comments:
 
B. Purchasing/Intergovernmental Relations/Grants Comments:
 
C. Department Director Review:
Contract Start Date 
Contract End Date
Renewal Start Date
Renewal End Date
Number of 12 month terms this renewal
Dollar Amount
Contractor Company Name
Contractor Contact
Contractor Address
Contractor Phone Number
Contractor Email
Type of Contract
Describe
ATTACHMENTS:
File NameDescriptionUpload DateType
Resolution_-Liability_Insurance__2018-2019.docxResolution11/26/2018Cover Memo
CORE360_Stewardship_-_Pre-Renewal_Meeting_Revised-_Liability.pdfEXECUTIVE SUMMARY11/20/2018Cover Memo
Liability_ins._estimated_program_cost_12-15-18_thru_12-15-19.docxEstimated Program Cost FY 18-1911/26/2018Cover Memo
REVIEWERS:
DepartmentReviewerActionDate
Human ResourcesYoung, EurekaApproved11/20/2018 - 6:08 PM
PurchasingAnswererApproved11/26/2018 - 10:05 AM
Financesherman, randyRejected11/26/2018 - 12:37 PM
Human ResourcesSullin, MarieApproved11/26/2018 - 2:33 PM
PurchasingAnswererApproved11/26/2018 - 3:25 PM
Financesherman, randyApproved11/27/2018 - 8:48 AM
AttorneyAnswererApproved11/28/2018 - 2:28 PM
City ClerkRobinson, ClaudeneApproved11/28/2018 - 8:45 PM
City ManagerAnswererApproved11/29/2018 - 2:46 PM