Item C42
BOARD OF COUNTY COMMISSIONERS
.
AGENDA ITEM SUMMARY
Meeting Date: September 18-19. 2002 Division: Management Services
Bulk Item: Yes -X- No - Department: Administrative ServiceslRiskManagement
AGENDA ITEM WORDING: Approval to accept renewal with VFIS to provide Portable Equipment and
Emergency Aparatus Insurance at a premium of $43,532.00 to be paid in four quarterly payments.
ITEM BACKGROUND: Board approved RFP for this carrier on 9/9/99.
PREVIOUS REVELANT BOCC ACTION: Accepted original proposal 9/19/99. This is third year
renewal. Premium for 10/1/00, was $37,148. Over $10,000,000 in insured values.
CONTRACT/AGREEMENT CHANGES: This represents a 6.75% increase over the 2002/2003
premium. The total increase is $3,532. The new renewal dates are 10/1/02-9/30/03.
STAFF RECOMMENDATIONS: Approval.
TOTAL COST: $43.532 BUDGETED: Yes -X- No -
COST TO COUNTY: $43.532
REVENUE PRODUCING: Yes - No-X. AMOUNT PER MONTH - Year -
APPROVED BY: County Atty _ OMB/Purchasing _ Risk Management _
DMSION DIRECTOR APPROVA~Jp ~~ ~Q ~/
JAMES L. ROBERTS
DOCUMENT A TION: Included -1L To Follow Not Required _
DISPOSITION: AGENDA ITEM #~
Revised 2/27/01
VFIS
P.O. Box 2726
York, PA 17405
800-233-1957
08/09/02
The Monroe County Board of
County Commissioners
1100 Simonton Street
Key West, FL 33040
Re: Renewal Premiums
Gentlemen:
Florida insurance regulations require that we advise you of your renewal premiums in advance of
your renewal date. Based on the information in file at the present time, your policies are likely to
renew with these approximate premiums:
Policy Number Policy Term Premium
CL0018053-03 10/01/02 - 02 $9,187.00
CM1010236-03 10/01/02 - 03 $34,345.00
These premiums are estimates only and are subject to change as additional information becomes
available, including that on your renewal questionnaire.
Thank you for your business.
Very truly yours,
VFIS
Louise DuBuske
c:
c: VFIS of Florida