City of Columbus - File #: 1806-2006

• File #: 1806-2006
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 10/5/2006
• In control: Administration Committee
• On agenda: 10/23/2006
• Final action: 10/25/2006
• Title: To authorize the Director of the Department of Human Resources to enter into contract with Arthur J. Gallagher & Co., to provide property insurance on selected city properties on an annual basis; to authorize and direct the expenditures of $212,169.00, and to declare an emergency. ($212,169.00)

Date	Ver.	Action By	Action	Result
10/25/2006	1	CITY CLERK	Attest
10/24/2006	1	MAYOR	Signed
10/23/2006	1	Columbus City Council	Approved	Pass
10/23/2006	1	COUNCIL PRESIDENT	Signed
10/12/2006	1	HR Drafter	Sent for Approval
10/12/2006	1	HR Drafter	Sent for Approval
10/12/2006	1	Auditor Reviewer	Reviewed and Approved
10/12/2006	1	CITY AUDITOR	Reviewed and Approved
10/12/2006	1	HR Drafter	Sent to Clerk's Office for Council
10/11/2006	1	HR Drafter	Sent for Approval
10/11/2006	1	CITY ATTORNEY	Reviewed and Approved
10/10/2006	1	HR Drafter	Sent for Approval
10/10/2006	1	ODI DIRECTOR	Reviewed and Approved
10/6/2006	1	Finance Reviewer	Reviewed and Approved
10/6/2006	1	Finance Reviewer	Reviewed and Approved
10/6/2006	1	FINANCE DIRECTOR	Reviewed and Approved
10/5/2006	1	HR Drafter	Sent for Approval
10/5/2006	1	HR DIRECTOR	Reviewed and Approved
10/5/2006	1	HR Drafter	Sent for Approval

Explanation

BACKGROUND:  

The Department of Human Resources, Employee Benefits/Risk Management section conducted a Request for Proposal (RFP), in July of 2005, to obtain property insurance and loss control engineering services for select City properties.  The City selected Arthur J. Gallagher & Company to administer the property insurance policy for a three year period, renewable on an annuall basis.

Its insurance carrier, St Paul Travelers Insurance Co., will provide blanket building coverage,  for select city properties and has an A.M. Best's Rating of A+ and a XV (2,000,000) Financial Size, a requirement of the City of Columbus.  The insurance coverage policy is effective August 1, 2006, for a period of one year, with an annual renewal option through an escalator clause.  An annual $100,000 deductible applies.

Arthur J. Gallagher & Company

Contract Compliance No.  34-1282846

This ordinance is being requested as an emergency measure to expedite payment to the insurance carrier.

Fiscal Impact:

To enter into contract with Arthur J. Gallagher & Company.  The financial obligation for this contract is $212,169.00.  Payment will be made from the Employee Benefits Fund of the Human Resources Department.

Title

To authorize the Director of the Department of Human Resources to enter into contract with Arthur J. Gallagher & Co., to provide property insurance on selected city properties on an annual basis; to authorize and direct the expenditures of  $212,169.00, and to declare an emergency. ($212,169.00)

Body

WHEREAS, the City of Columbus needs to enter into contract for property insurance and engineering services for its select city properties; and

WHEREAS, it is necessary to authorize the expenditure of $212,169.00; and

WHEREAS, an emergency exists in the usual daily operations of the Department of Human Resources in that it is immediately necessary to extend the contract for the renewal of insurance for property insurance thereby preserving the public health, peace, property, safety and welfare; now, therefore

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:

SECTION 1. That the Human Resources Director be and is hereby authorized and directed to enter into contract with Arthur J Gallagher for the renewal of property insurance and engineering services for the City properties.

SECTION 2.  That the expenditure of $212,169.00. from Fund No. 502, Department of Human Resources, Division No.46-02, Object Level One 3, Object Level Three 3336, OCA 450882 is hereby authorized and directed.

SECTION 3.  That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.