Item Coversheet
  

Agenda Item

Clay County Board of County Commissioners
 Clay County Administration Building
Tuesday, August 22  4:00 PM
TO: Finance & Audit Committee
DATE: 8/8/2017
  
FROM: Clayton Meng
  
SUBJECT: Approval of the County's Agent of Record (Brown & Brown) recommendations for the procurement of insurance for the fiscal year 2017/2018, for a one year term, in the amount of $939,784.00. Funding Sources: 001-0105-545000 & 524000 (General Fund / Risk Management/Safety / Insurance & Worker's Compensation) (C. Meng)
  
AGENDA ITEM TYPE:  


BACKGROUND INFORMATION:
The County's agent of record has evaluated our insurance needs for property, casualty and worker's compensation insurance. Negotiations were held with our current carriers and evaluations were done on other competitive carriers. 

Is Funding Required (Yes/No):
If Yes, Was the item budgeted (Yes\No\N/A):


Funding Sources: General Fund / Risk Management/Safety / Insurance & Worker's Compensation

 

Account # 001-0105-545000    Amount - $733,986 
Account # 001-0105-524000   Amount - $205,798



Sole Source (Yes\No):
Advanced Payment (Yes\No):

ATTACHMENTS:
DescriptionTypeUpload DateFile Name
Memo and documentationBackup Material8/8/2017insurance.pdf
REVIEWERS:
DepartmentReviewerActionDateComments
Budget Office Goodermote, AngelaApproved8/15/2017 - 3:46 PMItem Pushed to Agenda