Loading...
HomeMy WebLinkAbout02/21/2018 5KAGENDA BILL CITY OF BREMERTON CITY COUNCIL 5K SUBJECT: Amendment No. 7 to the Study Session Date: February 14, 2018 Professional Services Agreement with COUNCIL MEETING Date: February 21, 2018 Willis of Seattle, Inc. for Insurance Broker Department: City Attorney's Office — Services Risk Management Presenter: Thelma Swem Phone: (360) 473=5302' SUMMARY: The City entered into contract with Willis of Seattle, Inc. for insurance broker services in 2003. Since that time, Willis of Seattle has extended its agreement without a rate increase. The proposed amendment extends the agreement for one (1) year with a minimal increase of $2,500. ATTACHMENTS: 1. Proposed Amendment No. 7 to Professional Services Agreement 2. Professional Services Agreement with Amendments 1 through 6 FISCAL IMPACTS (Include Budgeted Amount): The Risk Management Fund has adequate funds budgeted to pay for the services contemplated__ STUDY SESSION AGENDA: ® Limited Presentation ❑ Full Presentation STUDY SESSION ACTION: ® Consent Agenda ❑ General Business ❑ Public Hearing RECOMMENDED MOTION: Move to approve Amendment No. 7 to the Professional Services Agreement with Willis of Seattle, Inc. for insurance broker services and authorize the Mayor to finalize and execute the agreement with substantia44y the same terms and conditions as presented. COUNCIL ACTION: [Approve ❑ Deny ❑ Table ❑ Continue ❑ No Action Form Updated 01/02/2018 AMENDMENT NO. 7 TO PROFESSIONAL SERVICES AGREEMENT BETWEEN CITY OF BREMERTON AND WILLIS OF SEATTLE, INC. THIS AMENDMENT Number 7, entered into as of the 1" day of March, 2018, to the certain Professional Services Agreement ("Agreement") commencing March 1, 2003, between the City of Bremerton and Willis of Seattle, Inc. for broker services is based upon the following recital of facts: 1. The current professional services contract expires on March 1, 2018, and there is a mutual desire to amend the Agreement to extend the term during which services are to be performed by Willis of Seattle, Inc. NOW THEREFORE, for and in consideration of the mutual agreement contained herein, the parties do hereby agree: 1. The term of the Professional Services Agreement is extended to March 1, 2019. 2. The City of Bremerton shall pay Willis of Seattle, Inc. $27,500 per year, for the services detailed in Exhibit A of the Professional Services Agreement and rendered during this extension period. 3. Willis of Seattle shall maintain the business records required in Section VII of the Professional Services Agreement for a minimum of seven (7) years subsequent to March 1, 2019. 4. All other terms of the Agreement as amended shall remain in full force and effect. IN WITNESS THEREOF, the parties hereto have executed this Amendment Number 7 as of the date and year written below. WILLIS OF SEATTLE, INC. t --- By: LIN C NNINGFIAM , Executive Vice President Corporate Risk and Broking Market Leader — Pacific Northwest DATE: 4�Awa 2 G 2V 1 CITY OF BREMERTON LUJ 4A�) GRE �HEELER, Mayor ATTEST: SHANNON CORIN, City Clerk APPROVED AS TO FORM: ROGER A �LUBOVICH, City Attorney_ R:\Legal\Legal\Contracts\RISK\Willis of Seattle - amend.7.doe -- —