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County Administrator's Report 12. 26.
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| BCC Regular Meeting |
Budget & Finance Consent |
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| RECOMMENDATION: |
Recommendation Concerning Insurance Premium Assessment for Bob Sikes Bridge - Mark Bartlett, Manager, Risk Management Office
That the Board approve the payment to the Florida Department of Transportation, in the amount of $32,067, for the insurance assessment for the Bob Sikes Bridge in accordance Addendum No. 1 of the Transfer Agreement between the Department of Transportation, the State Board of Administration, and Escambia County, for the period July 1, 2020, to July 1, 2021.
| Florida Dept of Transportation |
Bob Sikes Bridge Insurance Assessment:
$32,067 |
Fund 501, Internal Service, Cost Center 140835, Object Code 54501 |
[Funding: Fund 501, Internal Service, Cost Center 140835, Object Code 54501] |
| BACKGROUND: |
| This is a yearly assessment to pay the County’s portion of the insurance premium that is invoiced by the Florida Department of Transportation (FDOT) to cover the Bob Sikes Bridge. FDOT pays the premium in advance and invoices each County that has a structure covered by the policy. |
| BUDGETARY IMPACT: |
| Florida Dept of Transportation |
Bob Sikes Bridge Insurance Assessment:
$32,067 |
Fund 501, Internal Service, Cost Center 140835, Object Code 54501 |
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Funds are available in 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, a Purchase Order will be issued by the Purchasing Office. |
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