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Item C12BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: February 20, 2008 Division: Employee Services Bulk Item: Yes X No _ Department: Risk Management Staff Contact Person/Phone#:Maria L. Slavik X3178 AGENDA ITEM WORDING: Approval to extend the current General and Professional Liability Insurance with Lantana Insurance Ltd. for Bayshore Manor and waiver of policy requiring going out for RFP. ITEM BACKGROUND: Coverage is for General Liability and Wrongful ActsNicarious Liability for abuse as required to maintain our State of Florida Assisted Living Facility License. It also covers claims alleging sexual and/or physical abuse. The current premium is $17,105. PREVIOUS RELEVANT BOCC ACTION: In years past, attempts to locate alternative insurance at a reasonable price have proved unsuccessful. Bayshore's current insurer, Lantana Insurance Ltd., has been the only company willing to offer the protection need for a cost that acceptable to the County. When proposals for alternative coverage have been received, the premiums have been as much as twice the amount being charged by Lantana. The last bid was in 2004 and Lantana has been the Carrier since. CONTRACT/AGREEMENT CHANGES: Renew the General and Professional Liability Insurance with Lantana Insurance, Ltd., for the period 4/30/08 — 4/30/09. STAFF RECOMMENDATIONS: It is recommended that the BOCC approve the request to waive the bid process and that County instruct Arthur J. Gallagher (the incumbent agent) to aggressively negotiate a renewal with Lantana for the upcoming year. TOTAL COST:_approx. $17,506.86 COST TO COUNTY: approx $17,506.86 BUDGETED: Yes X_ No SOURCE OF FUNDS: Ad valorem REVENUE PRODUCING: Yes No X AMOUNT PER MONTH Year APPROVED BY: County Atty O /Purchasing Risk Management DOCUMENTATION: Included X Not Required DISPOSITION: AGENDA ITEM # Revised 8/06 MONROE COUNTY BOARD OF COUNTY COMMISSIONERS CONTRACT SUMMARY Contract with: Arthur J. Gallagher & Co Contract # Effective Date: 4/30/08 Expiration Date: 4/30/2009 Contract Purpose/Description: Ba shore Manor Renewal Contract Manager: Maria Slavik 3178 Risk Management #7 (Name) (Ext.) (Department/Stop #) for BOCC meeting on 2-20-08 Agenda Deadline: 2-05-2008 CONTRACT COSTS Total Dollar Value of Contract: $ $17,506 Current Year Portion: $ Budgeted? Yes® Grant: $ County Match: $ approx. No ❑ Account Codes: 503-08502-530450-_ ADDITIONAL COSTS Estimated Ongoing Costs: $ /yr For: (Not included in dollar value above) (e . maintenance, CONTRACT REVIEW Changes lities, janitorial, salaries, etc. J-1ta a ded / Revi wer Division Director Yes No Risk Management ad- v� YesQ No[� O.M.B./Purchasing Yes❑ No� County Attorney YesQ Nog I Comments: Form ReviAM 2n7/O1 MCP 01 Date Out ).1•o1 D? C UNTY jo'MONROE KEY WESTFLORIDA 33040 (305) 294-4641` Office of the Employee Services Division Director 111-4r.07fl' ''" '-'JJM° The Historic Gato Cigar Factory 1100 Simonton Street, Suite 268 Key West, FL 33040 (305) 292-4458 — Phone (305) 292-4564 - Fax TO: Board of County Commissioners FROM: Teresa E. Aguiar, Employee Services Direct J2avat-� DATE: February 1, 2008 SUBJ: General and Professional Liability Insurance Renewal for Bayshore Manor BOARD OF COUNTY COMMISSIONERS Mayor Charles "Sonny" McCoy, District 3 Mayor Pro Tern Mario Di Gennaro, District 4 Dixie M. Spehar, District 1 George Neugent, District 2 Sylvia J. Murphy, District 5 This item requests approval to renew Bayshore Manor's General and Professional Liability insurance with Lantana Insurance, LTD. The current policy expires on April 30, 2008. The availability of insurance for Assisted Living facilities is extremely limited and the current policy has provided stable and quality insurance protection for the County since 2004. Based on the limited number of insurers with the resources and desire to provide the necessary coverage along with the costs associated with advertising, consultant fees and staff time, it is believed that obtaining competitive bid proposals at this time is not justified and would not produce favorable results. It is understood that Lantana Insurance, LTD has inspected Bayshore Manor and believes it is a well run facility. It is anticipated that Lantana will offer a favorably priced renewal for the 2008/2009 policy year. It is therefore the recommendation that the Board approve the request to waive the bidding process and instruct Arthur J. Gallagher (the incumbent Agent) to aggressively negotiate and renew Bayshore Manor's General and Professional Liability Insurance with Lantana Insurance, LTD. If you have any questions on this item, please do not hesitate to contact me at X4458.