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County Administrator's Report 10. 18.
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| BCC Regular Meeting |
Budget & Finance Consent |
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| RECOMMENDATION: |
Recommendation Concerning Fire Department Property, Vehicle, Accident & Health, and Statutory Death Insurance - Robert Dye, Manager, Risk Management Office
That the Board approve the payment to the County's General Lines Agent, USI Insurance Services, LLC, in the amount of $261,997.03, to provide commercial property insurance through VFIS, a division of Glatfelter Insurance Group, for the Fire Department property, vehicles, and equipment for the period of January 1, 2019, through December 31, 2019. The Statutory Death and Accident and Health Policies renew separately with individual premiums under $50,000.
[Funding: Fund 143, Fire Services Fund, Cost Center 330206, Object Code 54501] |
| BACKGROUND: |
| The Fire Department’s commercial property policy provides coverage for their Buildings, Business personal property, vehicles, and equipment on a replacement cost basis with a low deductible unavailable on the County’s commercial property policy. The policy is negotiated by the County's General Lines Agent, USI Insurance Services, LLC, and issued through VFIS, a division of Glatfelter Insurance Group. The renewal premium estimate was $261,845 plus Service Charge (1.5% of the premium) for a total renewal premium of $261,997.03. |
| BUDGETARY IMPACT: |
| Funds are available in Fund 143, Fire Services Fund, Cost Center 330206, Object Code 54501 |
| LEGAL CONSIDERATIONS/SIGN-OFF: |
| This recommendation does not require legal sign off. |
| PERSONNEL: |
| Risk Management will be the Contractor Administrator. No additional personnel will be required. |
| POLICY/REQUIREMENT FOR BOARD ACTION: |
| County Ordinance, Chapter 46, Article II, Section 46-64, providing for Board approval of contracts of fifty thousand dollars ($50,000.00). |
| IMPLEMENTATION/COORDINATION: |
Upon approval by the Board of County Commissioners a purchase order will be issued by the Purchasing Office to provide payment for services rendered from the contract.
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