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Agenda Item
Clay County Board of County Commissioners | Clay County Administration Building Tuesday, August 22 4:00 PM |
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| | | | | | | | 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)
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| | | | | | | | 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. |
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| | | | | | | | Is Funding Required (Yes/No):
| If Yes, Was the item budgeted (Yes\No\N/A):
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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):
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ATTACHMENTS: | | Description | Type | Upload Date | File Name | | Memo and documentation | Backup Material | 8/8/2017 | insurance.pdf |
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REVIEWERS: | Department | Reviewer | Action | Date | Comments | Budget Office | Goodermote, Angela | Approved | 8/15/2017 - 3:46 PM | Item Pushed to Agenda |
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