Loading...
Item C24 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: September 17.2003 Division: Management Services Bulk Item: Yes ~ No Department: Administrative Services/RiskManagement AGENDA ITEM WORDING: Approval to accept renewal proposal from Florida Municipal Insurance Trust Agreement #386 at a net annual premium of$237,241 to be paid in quarterly installments of$59,31O to Florida League of Cities. First installment due on October 1,2003. This is the third and final renewal. ITEM BACKGROUND: This program provides $5,000,000 excess liability insurance over the County's $100,000 Self-Insured Retention for General, Public Officials and Automobile Liability Claims. Also provides auto physical damage and Ambulance Attendants Medical Malpractice Coverage. PREVIOUS REVELANT BOCC ACTION: Awarded bid to Florida League of Cities, Inc. for 2002- 2003 at an annual premium of $198,631. CONTRACT/AGREEMENT CHANGES: Coverage period is 10/1/2003-10/1/2004.This represents a 17% increase and additional county vehicles added to policy. STAFF RECOMMENDATIONS: Approval. TOTAL COST: $237.214 BUDGETED: Yes -1L No COST TO COUNTY: $237.214 SOURCE OF FUNDS: Primarily Ad Valorem REVENUE PRODUCING: Yes No -X AMOUNT PER MONTH_ Year APPROVED BY: County Atty _ Ol\.1B/Purchasing _ Risk Management_ DIVISION DIRECTOR APPROVAL: .~~ U~~-C~_ SHEILA A. BARKER DOCUMENT A TION: Included -X- To Follow Not Required _ DISPOSITION: AGENDA ITEM #~-7 Revised 2/27/01 AUG-21-2003 THU 05:19 PM FLORIDA LEAGUE OF CITIES FAX NO. 407 317 7181 p, 01 I~'LORII)A 'LEAG'UE OF CITIES, INC. 125 fast Colonial Drive. P.O. Box 530065. Orlando, FL 32853-0065 (407) 425-'142 . Sun com 344-0120 To: Name: Company: Fax Number: RE: Bill Grumhaus Monroe County B.C.C. 305-295-4364 Renewal Quote for 03/04 From: Name: F:lx Number: Voice Phone: Valerie Bums 407 -425-9378 (407) 425-9142 Ext. 177 Fa)( Notes: !-Ii Bill, Attached ple;lse rind your 200:i/2004 Renewal Quote. If I can be of further assistance, I?lease let me know. Ttl:)nk you, Valerie. Dale and time of trrln9mission: 8/2l/03 Nl.lmber of !'Jag\)s inchlding this CI)ver sheet: 2 AUG-21-2003 THU 05:19 PM FLORIDA LEAGUE OF CITIES FAX NO. 407 317 7181 p, 02 1i'J..OtUUA "t:AGITf: nt' crrms, IN(:. Public milk, S~)'"icl.~s P. O. nil'" ~i~0065 Orlandi!, Fl 32145..'.0065 RENEWAL QUOre FOR 2003-2004 Mcmroo County Board of County Commissioners Renewal COYft.!!iliH'1 !l~ductible. Limit Pretnll:lm... CenerallPfofession3t L iabilily $100,000 SIR $5,000,000 $126,421 AutoOlObil€1 Liability $100,000 SIR $5,000,000 $99,508 Automobile Physical Dflmage Per Schedule $11,285 Properly n/a n/a $0 W9rk~ru' (;ompel1~ation n/a nJa $0 "OTAI. NU:MlllM $237,214 1l111noltl