Purchasing Type: Change Order (CO)
Public Hearing: YES ☐ NO ☒ Department: Purchasing & Contracting
AGENDA ITEM:
Title
Commission District(s): ALL
CO - Change Order No. 1 to Contract No. 1125109 for Insurance Broker Services (Multiyear Contract): for use by Finance - Risk Management. This contract consists of providing brokerage services for Property and Casualty Insurance and Owner Controlled Insurance Program (OCIP) fees for Capital Improvement Projects (CIP). Awarded to Marsh & McLennan Companies. Amount Not To Exceed: $25,250.00.
Body
Information Contact: Cathryn G. Horner, Chief Executive Officer
Phone Number: (404) 371-6334
PURPOSE:
Awarded by the BOC on August 28, 2018 for amount not to exceed $1,474,000.00. This contract consists of providing brokerage services for Property and Casualty Insurance and Owner Controlled Insurance Program (OCIP) fees for Capital Improvement Projects (CIP). This request is to increase the contract amount to implement the Pace Safe Driver Training Program to lower driver accident rates for County employees.
RECOMMENDATION:
Recommended Action
Recommend approval of Change Order No. 1 with:
Marsh & McLennan Companies, 11330 Lakefield Drive, Ste. 100, Johns Creek, GA 30097
Amount Not To Exceed: $25,250.00
ADDITIONAL INFORMATION:
1. LSBE Participation: 20%
2. Contract Effective Date: November 1, 2018
3. Contract Expiration Date: December 31, 2022
4. Amount Spent To Date: $525,000.00
5. Funding: General - Operating (Finance - Risk Management)