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County Administrator's Report 9. 3.
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| BCC Regular Meeting |
Budget & Finance Consent |
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| RECOMMENDATION: |
Recommendation Concerning Flood Insurance, Mark Bartlett, Risk Manager - Jana Still, Resources Department Director
That the Board take the following action concerning flood insurance for specific County facilities:
A. Approve the issuance of a blanket Purchase Order to American Bankers Insurance Company, effective October 1, 2020, through September 30, 2021, in the amount of $32,000; and
B. Approve the issuance of a blanket Purchase Order to Hartford Fire Insurance Company, effective October 1, 2020, through September 30, 2021, in the amount of $52,000.
| Vendor |
Funding |
Amount |
| American Bankers insurance Company |
Fund 501, Internal Service Fund, Cost Center 140835,
Object Code 54501 |
$32,000 |
| Hartford Fire Insurance Company |
Fund 501, Internal Service Fund, Cost Center 140835,
Object Code 54501 |
$52,000 |
[Funding: Fund 501, Internal Service Fund, Cost Center 140835, Object Code 54501] |
| BACKGROUND: |
| The County purchases flood insurance for specific County facilities qualifying for the national flood insurance program. The carrier for most of the locations is American Bankers Insurance Company, and the carrier for the coastal locations transferred from SRIA is Hartford Fire Insurance Company. |
| BUDGETARY IMPACT: |
| [Funding: Fund 501, Internal Service Fund, Cost Center 140835, Object Code 54501] |
| LEGAL CONSIDERATIONS/SIGN-OFF: |
| N/A |
| PERSONNEL: |
| N/A |
| POLICY/REQUIREMENT FOR BOARD ACTION: |
| This Recommendation is in compliance with the Escambia County, FL Code of Ordinance, Chapter 46, Article II, Section 46-64. Per the direction received at the October 3, 2019, Board meeting, all purchases over $25,000 must have Board approval. |
| IMPLEMENTATION/COORDINATION: |
| Upon Board approval, Purchase Orders will be issued by the Purchasing Office. |
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