Agenda

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County Administrator's Report 9. 6.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	09/24/2020
Issue: General Lines Insurance Agent (PD 15-16.039)
From:	Mark Bartlett
Department:	Human Resources
CAO Approval:

RECOMMENDATION:

Recommendation Concerning General Lines Insurance Agent (PD 15-16.039), Mark Bartlett, Risk Manager - Jana Still, Human Resources Department Director

That the Board take the following actions concerning General Lines Insurance Agent:

A. Approve the utilization of the second of two possible one-year renewal periods provided for under the Agreement of June 16, 2018, (PD 15-16.039); and

B. Approve the payment to USI Insurance Services, LLC in the amount of $130,000 in accordance with PD 15-16.039, General Lines Insurance Agent, and the amended Agreement of November 16, 2017, for the period of October 1, 2020, through September 30, 2021.

Vendor	Funding	Amount
USI Insurance Services, LLC	Fund 501, Internal Service Fund, Cost Center 140835, Object Code 54501	$130,000

[Funding: Fund 501, Internal Service, Cost Center 140835, Object Code 54501]

BACKGROUND:

Traditionally General Lines Insurance Agencies serving the County have been commission based. USI was selected by a five-person review committee based on their qualifications and ability to service the County’s extensive Insurance portfolio. The agreement was amended for additional compensation by Board action in recognition of the expansion of the scope of work with additional lines of coverage added to benefit the County.

Insurance policies and renewals are negotiated on the County’s behalf, without commission at the retail level. Removal of the commission incentive from insurance premiums results in a significant savings to the County.

BUDGETARY IMPACT:

[Funds are available in Cost Center 140835, Object Code 54501]

LEGAL CONSIDERATIONS/SIGN-OFF:

N/A

PERSONNEL:

Risk Management will be the contract administrator.

POLICY/REQUIREMENT FOR BOARD ACTION:

This Recommendation is in compliance with the provisions of the Code of Ordinances of Escambia County, Florida, Chapter 46, Finance, Article II, Purchase and Contracts.

IMPLEMENTATION/COORDINATION:

Upon Board approval, a Purchase Order will be issued by the Purchasing Office to provide payment for services rendered from the Contract.

Attachments
Original Contract
Contract Amendment