Purchasing Type: Request for Proposals (RFP)
Public Hearing: YES ☐ NO ☒ Department: Purchasing & Contracting
AGENDA ITEM:
Title
Commission District(s): ALL
RFP - Request for Proposals No. 18-500480 Insurance Broker Services (Multiyear Contract): for use by Finance - Risk Management. Consists of providing brokerage services for Property and Casualty Insurance and Owner Controlled Insurance Program (OCIP) fees for Capital Improvement Projects (CIP). Recommend award to the highest scoring proposer: Marsh & McLennan Companies. Amount Not To Exceed: $1,474,000.00.
Body
Information Contact: Talisa Clark, CPPO
Phone Number: (404) 687-2797
PURPOSE:
Consists of providing brokerage services for Property and Casualty Insurance and Owner Controlled Insurance Program (OCIP) fees for Capital Improvement Projects (CIP). Five (5) proposals were received.
RECOMMENDATION:
Recommended Action
Recommend award to the highest scoring proposer:
Marsh & McLennan Companies, 11330 Lakefield Drive, Ste. 100, Johns Creek, GA 30097
Amount Not To Exceed: $1,474,000.00
and authorize the Chief Executive Officer to execute the contract and all associated documents.
Evaluation Committee Scores:
Firms: Scores:
Marsh & McLennan Companies 101
Alliant Insurance Services 98
Resurgens Risk Management 86
Willis Towers Watson 84
J.P. West, Inc. 72
After evaluation of the technical and cost proposals, the recommendation is to award to the highest scoring proposer.
ADDITIONAL INFORMATION:
1. LSBE Participation: 20%
2. Contract Effective Date: Date of Award
3. Contract Expiration Date: December 31, 2022
4. Amount Spent on Previous Contract: $11,366,850.95
5. Funding: General - Operating (Finance-Risk
Management)