Explanation
Background
The Department of Finance and Management Real Estate Management Office (REMO) solicited Request for Proposals (RFP No. SA00324) in April 2009 to provide insurance brokerage and risk management services for the City's property (casualty), boiler and machinery, and aviation insurance programs. The City selected Arthur J. Gallagher Risk Management Services, Inc. to administer the City's insurance programs for a five year period, consisting of an initial one-year term and four automatic consecutive one-year terms, each subject to appropriation of necessary funds by City Council and certification of availability of funds by the City Auditor.
The City entered into a contract with Arthur J. Gallagher Risk Management Services, Inc., as authorized by Ordinance No. 0943-2009, passed on 07/8/09, for the term August 1, 2009 through July 31, 2010 for insurance brokerage and engineering services and for the associated premiums for the property (casualty), boiler and machinery, and aviation insurance. The funding for the consecutive one year renewals of the insurance brokerage and engineering services contract with Arthur J. Gallagher Risk Management Services, Inc. and the premiums for property (casualty), boiler and machinery, and aviation insurance coverage was authorized for the first renewal term by Ordinance No. 0912-2010 (August 1, 2010 through July 31, 2011), Ordinance No. 0989-2011 for the second renewal term (August 1, 2011 through July 31, 2012), and Ordinance No. 1348-2012 for the third renewal term (August 1, 2012 through July 31, 2013). During the current 2012-2013 insurance year, as authorized by Ordinance No. 2046-2012, the City added a fourth program of insurance to provide for commercial general liability coverage for the operation of its CNG facility at 4211 Groves Road.
This ordinance authorizes the Director of Finance and Management to pay the cost of the fourth and final one-year renewal term of the insurance brokerage and e...
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