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HomeMy WebLinkAbout03-018 AGENDA BILL BREMERTON CITY COUNCIL 1. SUB~IECT: FOR AGENDA: February 12, 2003 PROFESSIONAL SERVICES AGREEMENT FOR ORIGINATING DEPT: City At~rtjgy's Office INSURANCE BROKER SERVICES WITH WILLIS ORIGINATOR: Peggy Lesser OF SEATTLE, INC. DATE SUBMITTED: January 30, 2003 2. (Comment on back if necessary) 3. EXHIBITS: PROPOSED CONTRACT APPROVED FOR SUBMITTAL: OPERATIONS CHAIRMAN COUNCIL PRESIDENT ENDORSEMENT [] INFORMATION [] 4. SUMM&RY STATEMENT AND REQUIREMENT FOR COUNCIL ACTION: Bmmerton requested proposals for providing insurance broker services to the City for three years. We received responsive bids from Willis of Seattle, Inc. for $25,000 per year and from Brown & Brown for $30,000 for the first year and $27,000 per year for the second and third years. Both firms were interviewed and found to be well-qualified. Staff recommends that Bremerton enter into a three year contract with the lowest cost provider, Willis of Seattle, Inc. at a cost of $25,000 per year 5. RECOMMENDATION: Move to approve the proposed throe year contract with Willis of Seattle, Inc., for the provision of insurance broker services and to authorize the Mayor to execute the contract in substantially the same form as the proposed contract. 6. RESPONSIBLE OFFICIAL: Risk Manager ENFORCEMENT OFFICIAL: Risk Manager EXPIRATION DATE: 3/1/06 REVIEW DATE: 9/1/05 7. NOTICE OF ACTION: PULLED [] TABLED [] APPROVED ~ DISAPPROVED [] AMENDED [] DATE: COUNCIL DIRECTIVE: 03-0¢8 8. AGENDA BILL NO.: 9. IMPACT OF NON-PASSAGE: 10. IMPACT ON STAFFING, BUDGETS, FACILITIES, EQUIPMENT OR OTHER RESOURCES: Sufficient funds are budgeted in the Risk Management fund. 11. RESEARCH SOURCES: