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HomeMy WebLinkAboutR-03-0515J-03-451 05/15/03 RESOLUTION NO. 0 J "" 5 15 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE A PROFESSIONAL SERVICES AGREEMENT ("AGREEMENT"), IN SUBSTANTIALLY THE ATTACHED FORM, WITH BROWN AND BROWN, INC., THE TOP-RANKED FIRM SELECTED AS A RESULT OF THE COMPETITIVE SELECTION PROCESS TO PROVIDE INSURANCE BROKERAGE SERVICES, FOR AN INITIAL ONE-YEAR PERIOD, WITH THE OPTION TO EXTEND THE AGREEMENT FOR AN ADDITIONAL ONE-YEAR PERIOD, IN AN ANNUAL AMOUNT NOT TO EXCEED $110,000; ALLOCATING FUNDS FROM ACCOUNT CODE NO. 515001.624401.6.650. WHEREAS, the City of Miami issued RFLI No. 02-03-032 seeking qualified and experienced firms for the provisions of insurance brokerage services for the Department of Risk Management; and WHEREAS, the Evaluation Committee evaluated the proposals received and ranked Brown and Brown, Inc. as the top-ranked firm, and recommended that the City Manager negotiate a Professional Services Agreement ("Agreement") with the top-ranked firm for an initial one-year period, with the option to extend the Agreement for an additional one-year period, in an amount not to exceed $110,000; and MT COMMON KEETIM OF MAY 2 2 2003 Resolution No. 03-- 515 A WHEREAS, the City Manager concurred with the recommendation of the Evaluation Committee; and WHEREAS, Resolution No. 03-228, adopted February 27, 2003, authorized the City Manager to negotiate an Agreement with Brown and Brown, Inc., the top-ranked firm, and present the negotiated agreement to the City Commission for review and consideration; and WHEREAS, funds for said services will be allocated from Account Code No. 515001.624401.6.650; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The City Manager is authorized!' to execute a Professional Services Agreement ("Agreement"), in substantially the attached form, with Brown and Brown, Inc., the top-ranked firm selected as a result of the competitive selection process to provide insurance brokerage services for the Department of Risk Management, for an initial one-year period, with the option to ii The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. Page 2 of 3 03— 515 0 extend the Agreement for an additional one-year period, in an amount not to exceed $110,000, with funds allocated from Account Code No. 515001.624401.6.650. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayoral PASSED AND ADOPTED this 22nd day of May , 2003. ,R'ANUEL A. DIAZ, MAY ATTEST: r PR CILLA A. THOMPSON CI CLERK law- If APPROVED ke"Tjf FORM AND CORRECTNESS: 90%WFC1ILARELLO ATTORNEY 247:tr:AS:BSS zf If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. Page 3 of 3 03- 515 PROFESSIONAL SERVICES AGREEMENT This Agreement is entered into this day of , 2003 (but effective as of ) by and between the City of Miami, a municipal corporation of the State of Florida ("City") and Brown and Brown, Inc., a Florida corporation ("Provider"") RECITAL A. The City has issued a Request for Letters of Interest ("RFLI") for the provision of insurance brokerage services ("Services") and Provider's proposal ("Proposal"), in response thereto, has been selected as the most qualified proposal for the provision of the Services. The RFLI and the Proposal are sometimes referred to herein, collectively, as the Solicitation Documents, and are by this reference incorporated into and made a part of this Agreement. B. The Commission of the City of Miami, by Resolution No. 03-228, adopted on February 27, 2003, approved the selection of Provider and authorized the City Manager to negotiate an agreement with an initial period of one year with the option to extend the agreement for an additional one-year period; and C The Commission of the City of Miami, by Resolution No. , adopted on , authorized the City Manager to execute this Agreement under the terms and conditions set forth herein. NOW, THEREFORE, in consideration of the mutual covenants and promises herein contained, Provider and the City agree as follows: TERMS 1. RECITALS: The recitals are true and correct and are hereby incorporated into and made a part of this Agreement. 03- 51J /C-D3ND3S3-��VG/ 2. TERM: The term of this Agreement shall be for one (1) year, commencing on the effective date hereof. 3. OPTION TO EXTEND: The City shall have one option to extend the term hereof for a period of one (1) year, subject to availability and appropriation of funds. City Commission approval shall not be required 4. SCOPE OF SERVICE: A. Provider agrees to provide the Services as specifically described, and under the special terms and conditions set forth in Attachment "A" heretowith by this reference is incorporated into and made a part of this Agreement. B. Provider represents and warrants to the City that: (i) it possesses all qualifications, licenses and expertise required under the Solicitation Documents for the performance of the Services; (ii) it is not delinquent in the payment of any sums due the City, including payment of permit fees, occupational licenses, etc., nor in the performance of any obligations to the City; (iii) all personnel assigned to perform the Services are and shall be, at all times during the term hereof, fully qualified and trained to perform the tasks assigned to each; and (iv) the Services will be performed in the manner described in Attachment "A". 5. COMPENSATION: A. The amount of compensation payable by the City to Provider shall be based on the rates and schedules described in Attachment `B" hereto, which by this reference is incorporated into this Agreement; provided, however, that in no event shall the amount of compensation exceed $106,250.00 per year. The annual fee shall be inclusive of all fees and costs payable by the City to Provider for Services. B. Unless otherwise specifically provided in Attachment `B", payment shall be made within forty-five (45) days after receipt of Provider's invoice, which shall be accompanied by cm:PSA Brown Brown Insurance 4-29-03 2 03- 5i5 sufficient supporting documentation and contain sufficient detail, to allow a proper audit of expenditures, should City require one to be performed. 6. OWNERSHIP OF DOCUMENTS: Provider understands and agrees that any information, document, report or any other material whatsoever which is given by the City to Provider or which is otherwise obtained or prepared by Provider pursuant to or under the terms of this Agreement is and shall at all times remain the property of the City. Provider agrees not to use any such information, document, report or material for any other purpose whatsoever without the written consent of City, which may be withheld or conditioned by the City in its sole discretion. During this Agreement and for at least ten (10) subsequent years, Provider shall provide City access to all files and records maintained on City's behalf. 7. AUDIT AND INSPECTION RIGHTS: A. The City may, at reasonable times, and for a period of up to three (3) years following the date of final payment by the City to Provider under this Agreement, audit, or cause to be audited, those books and records of Provider which are related to Provider's performance under this Agreement. Provider agrees to maintain all such books and records at its principal place of business for a period of three (3) years after final payment is made under this Agreement. B. The City may, at reasonable times during the term hereof, inspect Provider's facilities and perform such tests, as the City deems reasonably necessary, to determine whether the goods or Services required to be provided by Provider under this Agreement conform to the terms hereof and/or the terms of the Solicitation Documents, if applicable. Provider shall make available to the City all reasonable facilities and assistance to facilitate the performance of tests or inspections by City representatives. All tests and inspections shall be subject to, and made in accordance with, the provisions of Section 18-100 of the Code of the City of Miami, Florida, as same may be amended or supplemented, from time to time. cm:PSA Brown Brown Insurance 4-29-03 3 03— 515 8. AWARD OF AGREEMENT: Provider represents and warrants to the City that it has not employed or retained any person or company employed by the City to solicit or secure this Agreement and that it has not offered to pay, paid, or agreed to pay any person any fee, commission, percentage, brokerage fee, or gift of any kind contingent upon or in connection with, the award of this Agreement. 9. PUBLIC RECORDS: Provider understands that the public shall have access, at all reasonable times, to all documents and information pertaining to City contracts, subject to the provisions of Chapter 119, Florida Statutes, and agrees to allow access by the City and the public to all documents subject to disclosure under applicable law. Provider's failure or refusal to comply with the provisions of this section shall result in the immediate cancellation of this Agreement by the City. 10. COMPLIANCE WITH FEDERAL, STATE AND LOCAL LAWS: Provider understands that agreements between private entities and local governments are subject to certain laws and regulations, including laws pertaining to public records, conflict of interest, record keeping, etc. City and Provider agree to comply with and observe all applicable laws, codes and ordinances as they may be amended from time to time. 11. INDEMNIFICATION: Provider shall indemnify, defend and hold harmless the City and its officials, employees and agents (collectively referred to as "Indemnitees") and each of them from and against all loss, costs, penalties, fines, damages, claims, expenses (including attorney's fees) or liabilities (collectively referred to as "Liabilities") by reason of any injury to or death of any person or damage to or destruction or loss of any property arising out of, resulting from, or in connection with (i) the performance or non-performance of the Services contemplated by this Agreement which is or is alleged to be directly or indirectly caused, in whole or in part, by any act, omission, default or negligence (whether active or passive) of Provider or its employees, agents or subcontractors (collectively referred to as "Provider"), cm:PSA Brown Brown Insurance 4-29-03 4 03- 515 regardless of whether it is, or is alleged to be, caused in whole or part (whether joint, concurrent or contributing) by any act, omission, default or negligence (whether active or passive) of the Indemnitees, or any of them or (ii) the failure of the Provider to comply with any of the paragraphs herein or the failure of the Provider to conform to statutes, ordinances, or other regulations or requirements of any governmental authority, federal or state, in connection with the performance of this Agreement. Provider expressly agrees to indemnify and hold harmless the Indemnitees, or any of them, from and against all liabilities which may be asserted by an employee or former employee of Provider, or any of its subcontractors, as provided above, for which the Provider's liability to such employee or former employee would otherwise be limited to payments under state Workers' Compensation or similar laws. 12. DEFAULT: If Provider fails to comply with any term or condition of this Agreement, or fails to perform any of its obligations hereunder, then Provider shall be in default. Upon the occurrence of a default hereunder the City, in addition to all remedies available to it by law, may immediately, upon written notice to Provider, terminate this Agreement whereupon all payments, advances, or other compensation paid by the City to Provider while Provider was in default shall be immediately returned to the City. Provider understands and agrees that termination of this Agreement under this section shall not release Provider from any obligation accruing prior to the effective date of termination. Should Provider be unable or unwilling to commence to perform the Services within the time provided or contemplated herein, then, in addition to the foregoing, Provider shall be liable to the City for all expenses incurred by the City in preparation and negotiation of this Agreement, as well as all costs and expenses incurred by the City in the re - procurement of the Services, including consequential and incidental damages. 13. RESOLUTION OF CONTRACT DISPUTES: Provider understands and agrees that all disputes between Provider and the City based upon an alleged violation of the terms of this Agreement by the City shall be submitted to the City Manager for his/her resolution, prior to cm:PSA Brown Brown Insurance 4-29-03 5 03 51 03- Provider being entitled to seek judicial relief in connection therewith. In the event that the amount of compensation hereunder exceeds $50,000.00, the City Manager's decision shall be approved or disapproved by the City Commission. Provider shall not be entitled to seek judicial relief unless: (i) it has first received City Manager's written decision, approved by the City Commission if the amount of compensation hereunder exceeds $50,000.00, or (ii) a period of sixty (60) days has expired, after submitting to the City Manager a detailed statement of the dispute, accompanied by all supporting documentation (ninety (90) days if City Manager's decision is subject to City Commission approval); or (iii) City has waived compliance with the procedure set forth in this section by written instruments, signed by the City Manager. 14. CITY'S TERMINATION RIGHTS: A. The City shall have the right to terminate this Agreement, in its sole discretion, at any time, by giving written notice to Provider at least five (5) business days prior to the effective date of such termination. In such event, the City shall pay to Provider compensation for Services rendered prior to the effective date of termination. In no event shall the City be liable to Provider for any additional compensation, other than that provided herein, or for any consequential or incidental damages. B. The City shall have the right to terminate this Agreement, without notice to Provider, upon the occurrence of an event of default hereunder. In such event, the City shall not be obligated to pay any amounts to Provider and Provider shall reimburse to the City all amounts received while Provider was in default under this Agreement. 15. INSURANCE: Provider shall, at all times during the term hereof, maintain such insurance coverage as stated in Attachment D, which is incorporated by reference and made a part of this Agreement. All such insurance, including renewals, shall be subject to the approval of the City for adequacy of protection and evidence of such coverage shall be furnished to the City on Certificates of Insurance indicating such insurance to be in force and effect and cm:PSA Brown Brown Insurance 4-29-03 6 03- 515 providing that it will not be canceled during the performance of the Services under this contract without thirty (30) calendar days prior written notice to the City. Completed Certificates of Insurance shall be filed with the City prior to the performance of Services hereunder, provided, however, that Provider shall at any time upon request file duplicate copies of the policies of such insurance with the City. If, in the judgment of the City, prevailing conditions warrant the provision by Provider of additional liability insurance coverage or coverage which is different in kind, the City reserves the right to require the provision by Provider of an amount of coverage different from the amounts or kind previously required and shall afford written notice of such change in requirements thirty (30) days prior to the date on which the requirements shall take effect. Should the Provider fail or refuse to satisfy the requirement of changed coverage within thirty (30) days following the City's written notice, this Contract shall be considered terminated on the date that the required change in policy coverage would otherwise take effect. 16. NONDISCRIMINATION: Provider represents and warrants to the City that Provider does not and will not engage in discriminatory practices and that there shall be no discrimination in connection with Provider's performance under this Agreement on account of race, color, sex, religion, age, handicap, marital status or national origin. Provider further covenants that no otherwise qualified individual shall, solely by reason of his/her race, color, sex, religion, age, handicap, marital status or national origin, be excluded from participation in, be denied Services, or be subject to discrimination under any provision of this Agreement. 17. MINORITY AND WOMEN BUSINESS AFFAIRS AND PROCUREMENT PROGRAM: The City has established a Minority and Women Business Affairs and Procurement Program (the "M/WBE Program") designed to increase the volume of City procurement and contracts with Blacks, Hispanic and Women -owned business. The M/WBE Program is found in Ordinance No. 10062, a copy of which has been delivered to, and receipt of cm:PSA Brown Brown Insurance 4-29-03 7 03- 515 which is hereby acknowledged by, Provider. Provider understands and agrees that the City shall have the right to terminate and cancel this Agreement, without notice or penalty to the City, and to eliminate Provider from consideration and participation in future City contracts if Provider, in the preparation and/or submission of the Proposal, submitted false of misleading information as to its status as Black, Hispanic and/or Women owned business and/or the quality and/or type of minority or women owned business participation. 18. ASSIGNMENT: This Agreement shall not be assigned by Provider, in whole or in part, without the prior written consent of the City's, which may be withheld or conditioned, in the City's sole discretion. 19. NOTICES: All notices or other communications required under this Agreement shall be in writing and shall be given by hand -delivery or by registered or certified U.S. Mail, return receipt requested, addressed to the other party at the address indicated herein or to such other address as a party may designate by notice given as herein provided. Notice shall be deemed given on the day on which personally delivered; or, if by mail, on the fifth day after being posted or the date of actual receipt, whichever is earlier. If to Provider: Gerard J. Fiacco Brown and Brown, Inc. 220 South Ridgewood Avenue Daytona Beach, FL 32114 cm:PSA Brown Brown Insurance 4-29-03 0 If to City: Joe Arriola, City Manager City of Miami 3500 Pan American Drive Miami, Florida 33133 With conies to: Alejandro Vilarello, City Attorney City of Miami 444 S.W. 2nd Avenue, Suite 945 Miami, Florida 33130 Diane Ericson, Director of Risk Management City of Miami 444 S.W. 2nd Avenue, Ninth Floor Miami, Florida 33130 03- 515 20. MISCELLANEOUS PROVISIONS: A. This Agreement shall be construed and enforced according to the laws of the State of Florida. B. Title and paragraph headings are for convenient reference and are not a part of this Agreement. C. No waiver or breach of any provision of this Agreement shall constitute a waiver of any subsequent breach of the same or any other provision hereof, and no waiver shall be effective unless made in writing. D. Should any provision, paragraph, sentence, word or phrase contained in this Agreement be determined by a court of competent jurisdiction to be invalid, illegal or otherwise unenforceable under the laws of the State of Florida or the City of Miami, such provision, paragraph, sentence, word or phrase shall be deemed modified to the extent necessary in order to conform with such laws, or if not modifiable, then same shall be deemed severable, and in either event, the remaining terms and provisions of this Agreement shall remain unmodified and in full force and effect or limitation of its use. E. This Agreement constitutes the sole and entire agreement between the parties hereto. No modification or amendment hereto shall be valid unless in writing and executed by properly authorized representatives of the parties hereto. 21. SUCCESSORS AND ASSIGNS: This Agreement shall be binding upon the parties hereto, their heirs, executors, legal representatives, successors, or assigns. 22. INDEPENDENT CONTRACTOR: Provider has been procured and is being engaged to provide Services to the City as an independent contractor, and not as an agent or employee of the City. Accordingly, Provider shall not attain, nor be entitled to, any rights or cm:PSA Brown Brown Insurance 4-29-03 9 03- 515 benefits under the Civil Service or Pension Ordinances of the City, nor any rights generally afforded classified or unclassified employees. Provider further understands that Florida Workers' Compensation benefits available to employees of the City are not available to Provider, and agrees to provide workers' compensation insurance for any employee or agent of Provider rendering Services to the City under this Agreement. 23. CONTINGENCY CLAUSE: Funding for this Agreement is contingent on the availability of funds and continued authorization for program activities and the Agreement is subject to amendment or termination due to lack of funds, reduction of funds and/or change in regulations, upon thirty (30) days notice. 24. REAFIRMATION OF REPRESENTATIONS: Provider hereby reaffirms all of the representations contained in the Solicitation Documents. 25. ENTIRE AGREEMENT: This instrument and its attachments constitute the sole and only agreement of the parties relating to the subject matter hereof and correctly set forth the rights, duties, and obligations of each to the other as of its date. Any prior agreements, promises, negotiations, or representations not expressly set forth in this Agreement are of no force or effect. n. PERSONNEL: Provider agrees to assign the personnel specified in Attachment C, which is incorporated by reference and made a part to this Agreement, to perform the Services listed in Attachment A of this Agreement. It is understood that the involvement of a consultant in the City's risk management and insurance program in no way lessens or changes Provider's duties and responsibilities. INTENTIONALLY LEFT BLANK cm:PSA Brown Brown Insurance 4-29-03 10 03- 515 IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their respective officials thereunto duly authorized, this the day and year above written. ATTEST: Print Name: Title: Corporate Secretary ATTEST: Priscilla A. Thompson, City Clerk APPROVED AS TO FORM AND CORRECTNESS: "Provider" Brown and Brown, Inc, a Florida corporation By: Print Name: Title: President "City" CITY OF MIAMI, a municipal corporation Ma Joe Arriola, City Manager APPROVED AS TO INSURANCE REQUIREMENTS: Alejandro Vilarello Diane Ericson City Attorney Risk Management cm:PSA Brown Brown Insurance 4-29-03 11 ®3- 515 ATTACHMENT A — SCOPE OF SERVICES I. PURPOSE This is an Agreement for specified Services whereby the City retains Provider and Provider accepts the City's retainer, to perform insurance brokerage services as more fully set forth below. II. PROVIDER'S DUTIES Services would include, but not be limited to, the review, analysis, recommendation, and placement of all insured and self-funded programs in the areas of property, casualty and liability coverage, as well as processing policy change endorsements, policy review and audits, and monitoring claims. Services would also be required to manage insurances currently held by the City, and for insurances being sought by the City during the term of the Agreement. Attachment E, which is incorporated by reference and made a part hereof, depicts the insurance coverages to be handled within the Agreement for insurance brokerage services. In addition to the insurance coverages specified in Attachment E, Provider shall provide to the City the following Services: 1. Act as City's insurance broker regarding the negotiation of coverage terms and premiums, and the placement of coverage with insurers. 2. Review the insurance policies for compliance with the insurers' proposals and City's specifications and obtain revisions when needed in a timely manner. 3. Check the accuracy of each binder, certificate, endorsement, premium audit or adjustment or other document received from City's insurers and obtain revisions when needed in a timely manner. 4. Promptly submit originals of the insurance policies and endorsements to City. 5. Prepare certificates of insurance as requested by City. 6. Prepare a schedule of City's insurance policies including the name of the insurer, policy number, term, limits, summary of coverages provided, deductibles/retentions and the estimated annual premium. 7. Keep City informed of changing conditions in the insurance marketplace. 8. Monitor the financial strength of the insurers providing City's coverages and inform City of adverse developments. Provider to provide City with information available from authorities evaluating or monitoring insurance companies. cm:PSA Brown Brown Insurance 4-29-03 12 515 1 5 03- 9. Develop and execute an insurance coverage marketing strategy. However, Provider will not approach any insurance company on behalf of the City without the express written consent of the City. 10. Assist City in developing and maintaining the underwriting information necessary to market the insurance coverages. 11. Provide loss control assistance, including risk evaluation by Provider's loss control specialists for no less than 4 hours each month. 12. Monitor the loss control assistance provided by City's insurers, evaluate the recommendations submitted by the insurers and negotiate amendments, if appropriate. 13. Provide detailed loss data both directly from the insurer and from Provider's own database on a monthly basis with an annual recap of all losses. 14. Analyze City's loss data to determine trends in causes, types of injuries and sites of incidents. A report, including graphics, is to be provided on a quarterly basis. 15. Provide reserves estimates and basis of their computation in a form which is satisfactory to City's auditors for year end audit purposes for workers' compensation and general liability where the City is self-insured. 16. Monitor the claims services provided by City's insurers and assist City in adjusting and settling claims including the preparation of proofs of loss on a timely basis. 17. Develop and monitor procedures to assist City in submitting timely reports of values. 18. Attend meetings with City's personnel as may reasonably be requested by City. 19. Review contracts as requested by City, comment on the insurance hold/harmless indemnification, subrogation and other risk transfer provisions therein, and obtain revisions to City's insurance policies as required. 20. Furnish continuing advice and counsel to City as appropriate, including but not limited to, alternate methods for meeting the City's requirements for its insurance programs. 21. Provide any other Services as normally and customarily required of an insurance broker for a public entity. III. REPORT No later than ninety days prior to the expiration of the term of this Agreement, Provider shall submit a written report to City detailing Provider's activities conducted for the City during the current term. The report shall include a statement of the approximate time spent by each brokerage employee on City's account during the current term, a discussion cm:PSA Brown Brown Insurance 4-29-03 13 51 03- of any known problems and recommendations for solutions to those problems. The report shall also include a proposal for services for a subsequent term, an insurance coverage marketing strategy and a listing of objectives to be accomplished. If however, this Agreement is not renewed, Provider shall provide City with a summary of outstanding items, including endorsements not yet received by Provider which have been ordered from the insurance company and Provider shall submit all original policies and any additional documentation necessary for the City to transfer the City `s insurance programs to another insurance broker. cm:PSA Brown Brown Insurance 4-29-03 14 03- 515 ATTACHMENT B — COMPENSATION As full compensation to Provider for the Services rendered hereunder, City shall pay Provider an annual fee of $106,250, of which one-fourth, $26,563, shall be remitted to Provider on a quarterly basis. In the event that the City exercises its option to extend this Agreement as provided in Section 3 of this Agreement, the annual fee for the optional year(s) shall be $106,250. It is the intent of both parties to this Agreement that the annual fee is the sole remuneration to the Provider relating to the Services described in Attachment A. Provider is to disclose any remuneration received from insurers, wholesalers, intermediaries, affiliated companies and subsidiary companies regarding the insurance coverages specified in Attachment E, or any additional coverage subsequently bound on behalf of the City by Provider during the terms and extended term of this Agreement, and all such remuneration will be credited against the annual fee. Charges for any additional Services not covered in this Agreement will be negotiated in advance and may require approval by the City Manager and/or City Commission. cm:PSA Brown Brown Insurance 4-29-03 15 03- 515 ATTACHMENT C - PROVIDER'SPERSONNEL Provider shall assign the following personnel to provide Services specified in this Agreement: NAME Gerard J. Fiacco Elinn Peacock, CPIW Pam Thompson, CIC Michelle Martin, CIC, CPCU Denise Gordon, AIC, ACSR Julie Haufler, CIC, AAI, CPIW Theresa Schwab, CPCU James Parker TITLE Vice President Account Executive Vice President Account Manager Claims Manager Marketing Manager Marketing Manager Loss Analyst Upon approval by the City, Provider may assign or change such other personnel as Provider deems necessary to provide the Services to the City. In such event, Provider shall replace the personnel listed above, with qualified and experienced personnel. Provider's notification that it is assigning additional or changing personnel shall be by a letter sent to the City Manager, who shall, by letter, notify Provider of his/her acceptance or rejection of the the personnel assigned by Provider to provide Services. Such decision by the City Manager shall not require additional City Commission approval. cm:PSA Brown Brown Insurance 4-29-03 16 03- 515 ATTACHMENT D — PROVIDER'S INSURANCE Provider agrees to maintain in full force and effect the following policies of insurance during the term of this Agreement: TYPE Workers Compensation Employers Liability Commercial General Liability Business Auto Liability Umbrella Liability Errors & Omissions LIMITS OF LIABILITY Statutory $1,000,000 Each Ace., Bodily Injury $1,000,000 Each Employee, Disease $1,000,000 Policy Limit, Disease $1,000,000 Each Occurrence $2,000,000 General Aggregate $1,000,000 Each Accident $10,000,000 Each Occurrence $10,000,000 Aggregate $ 10,000,000 Each Occurrence $10,000,000 Aggregate Provider shall submit a certificate or certificates evidencing the coverages in a form satisfactory to City. Said certificates(s) shall provide for thirty (30) days notice to City prior to cancellation, non -renewal or material change of any insurance required by this Agreement. Receipt of deficient certificates by City, or by any of City's representatives, does not constitute a waiver of Provider's obligation to fulfill the insurance requirements herein. cm:PSA Brown Brown Insurance 4-29-03 17 03- 515 ATTACHMENT E - INSURANCE COVERAGES SUBJECT TO THE AGREEMENT EXPIRES COVERAGE COMPANY & POLICY NO. 5/1/03 Master Primary Laver $15,000,000 Property Lexington Insurance Co. Program Policy No.: 8751033 $10,000,000 (66.67%) Pacific Insurance Co. TIV Policy No.: ZG0022102 $232,048,333 $5,000,000 (33.33%) $10,000,000 X $15,000,000 Wind Commonwealth Insurance Co. $223,405,203 Policy No.: CLP -10993 $4,000,000 (40%) Flood Gen Star Indemnity $108,640,511 Policy No.: IPG382871 $2,500,000 (25%) Loss Limit Essex Insurance Company $200,000,000 Policy No.: MSP8094 $2,500,000 (25%) Royal Surplus Lines Policy No.: K2HD318541 $1,000,000 (10%) $25,000,000 X $25,000.000 Nutmeg Insurance Company Policy No.: SX 00 00036 $10,000,000 (40%) Commonwealth Insurance Co. Policy No.: CLP -10993 $6,000,000 (24%) Caliber One Policy No.: ZSI 001856 01 $5,000,000 (20%) Essex Insurance Company Policy No.: MSAP6246 $2,750,000 (11%) Lloyds Underwriters Policy No.: WB0201002 $1,250,000 (5%) $50,000,000 X $50,000,000 Travelers Exc. & Surplus Lines Policy No.: KTXQCMB297TO54702 $20,000,000 (40%) ACE Policy No,: WXA691662 $17,500,000 (35%) Royal Surplus Lines Policy No.: K2HD318540 $10,000,000 (20%) Lloyds Underwriters Policy No.: WB0201003 $2,500,000 (5%) $100,000,000 X $100,000,000 Lloyds Underwriters Policy No.: WB0200993 $100,000,000 100% ATTACHMENT E (continued) cm:PSA Brown Brown Insurance 4-29-03 18 03— 515 EXPIRES COVERAGE COMPANY & POLICY NO. 5/1/03 Master Property Program (continued) TIV $232,048,333 Wind $223,405,203 Flood $108,640,511 Loss Limit $200,000,000 Coverage: All Real and Personal Property, Including Improvements and Betterments owned, operated or controlled by the Insured or for which the Insured is legally liable, unless otherwise excluded. Scheduled locations that qualify for the Windstorm Pool valued less than $1,000,000 are excluded for Wind & Hail. Perils: "All Risk" of Physical Damage, including Flood and Earthquake, to all Real and Personal Property, Extra Expense, Valuable Papers, Demo. and ICC Sublimits: Earthmovement $25,000,000 Annual Aggregate Flood -Excluding all properties $25,000,000 Annual Aggregate located on the 100 years Flood Plan (Zones A, AE, V) Newly Acquired Locations $5,000,000 Transit $500,000 Hazardous Substance Cleanup and $1,000,000 Annual Aggregate Removal Expediting Expense $5,000,000 Valuable Papers $5,000,000 Off Premises -Service Interruption $5,000,000 (Utilities) Misc. Unnamed Locations $5,000,000 Extra Expense $10,000,000 Business Interruption $25,000,000 Catastrophe Extra Expense $250,000 Loss Adjustment Expense $1,000,000 Contingent/Contributing Element $5,000,000 Leasehold Interest $5,000,000 Trees & Landscape $2,500,000 Accounts Receivable $5,000,000 Deductibles: All Perils $100,000 per occ. Except: Flood & Earthquake Wind & Hail $250,000 per occ. 5% per location subject to min. of $1,000,000 per occ. if eligible to FWUA or $100,000 if not eligible to FWUA Service Interru tion The reater of 24 hrs. or $100,000 ATTACHMENT E (continued) cm:PSA Brown Brown Insurance 4-29-03 19 �- 515 ORANGE BOWL STADIUM EXPIRES COVERAGE COMPANY & POLICY NO. 5/1/03 Property/ Zurich American Insurance Co. Equipment Policy No.: ERP111537 06 Breakdown Coverage All Risk, RC, Agreed Amount Real Property $156,432,938 Personal Property 787,500 Business Interruption/Extra Exp. 2,818,846 Sub -Limits Named Windstorm $25,000,000 Flood 5,000,000 Agg. Earthmovement 25,000,000 Agg. Demolition & ICC 5,000,000 Boiler & Machinery 50,000,000 Deductibles All Perils $100,000 per occ. Except: Wind & Hail (Named Storms Only) 5% of Insured Values Flood 500,000 per occ. Earthquake 100,000 per occ. Boiler & Machinery 100,000 per occ. Utility Interruption 24 hours 5/1/03 Excess $25,000,000 X $25,000,000 Windstorm Westchester Surplus Lines & Hail (ACE USA Group) Policy No.: WXA691725 $12,500,000 (50%) Commonwealth Policy No.: CLP11007 $7,500,000 (30%) Essex Insurance Company (Markel North American Ins. Group) Policy No.: MSP8152 $5,000,000 (20%) $25,000,000 X $50,000,000 USF&G Specialty Insurance Co. (St. Paul Companies) Policy No.: 144FG0165 $25,000,000 100% cm:PSA Brown Brown Insurance 4-29-03 20 03- 5 1 5) ATTACHMENT E (continued) UNIVERSITY OF MIAMI JAMES L. KNIGHT INTERNATIONAL CTR. EXPIRES COVERAGE COMPANY & POLICY NO. 5/1/03 Property Primary Laver $5,000.00 Lexington Insurance Co. Policy No.: 8751032 $5,000,000 (100%) $5,000,000 X $5,000,000 US Fire Insurance Co. Policy No.: 245-002871-7 $5,000,000 (100%) TIV $10,000,000 X $10,000,000 $89,804,263 Glencoe Insurance Ltd Policy No.: AR -10298-00 $10,000,000 (100°%) $5,000,000 X $20,000,000 Loss Limit Commonwealth Insurance Co. $80,000,000 Policy No.: CLP10992 $5,000,000 (100%) $55,000,000 X $25,000,000 Allianz Policy No.: CLP3001838 $55,000,000 (100%) Coverage All Risk, RC, Agreed Amount, Real & Personal Prop. inc. I&B, BI, Rental Income & Extra Expense Perils "All Risk" of Physical Damage, Incl. Earthquake, Earth Movement and Sink Hole Sublimits Earthmovement Business Interruption Contingent/Contributing Time Elem. Newly Acquired/Unscheduled Locs. Haz. Substance Cleanup & Removal Expediting Expense Off Premises Service Interruption Accounts Receivable Valuable Papers Extra Expense Transit Leasehold Interest Loss Adjustment Expenses Trees & Landscape Deductibles All Perils Except: Earth Movement Windstorm & Hail Service Interruption $25,000,000 annual aggregate $10,000,000 $ 5,000,000 $ 5,000,000 $ 1,000,000 $ 5,000,000 $ 5,000,000 $ 5,000,000 $ 5,000,000 $10,000,000 $ 500,000 $ 5,000,000 $ 1,000,000 $ 2,500,000 $100,000 per occ. $250,000 5% of TIV subject to $1,000,000 min. per occ. Greater of 24 hrs. or $100 cm:PSA Brown Brown Insurance 4-29-03 21 03- ATTACHMENT E (continued) UNIVERSITY OF MIAMI JAMES L. KNIGHT INTERNATIONAL CTR. EXPIRES COVERAGE COMPANY & POLICY NO. 5/1/03 Equipment Hartford Steam Boiler Group Breakdown (American International Group) Best's Rating: A+ IX Policy No.: FBP2214150 Sublimits Equipment Breakdown Limit $50,000,000 Property Damage Included Business Income Included Extra Expense Included Service Interruption $ 5,000,000 Perishable Goods $ 100,000 Computer Equipment $ 250,000 Demolition & ICC $1,000,000 Expediting Expense $ 100,000 Hazardous Substances $ 100,000 CFC Refrigerants $ 100,000 Deductibles Direct Coverages $ 5,000 Except Air Conditioning over 500HP $10,000 Indirect Coverages 24 Hours cm:PSA Brown Brown Insurance 4-29-03 22 ATTACHMENT E (continued) EXPIRES COVERAGE COMPANY & POLICY NO. 5/01/03 Electronic Travelers Casualty & Surety Data Best's Rating: A++ XV Processing Policy No.: QT660451 R5514TIL02 Coverage All Risk of Physical Damage to covered Property at locations per schedule on file with the Company excluding Flood and Quake Hardware (Blanket) $27,974,614 Software/Media(Blanket) $1,548,430 Deductibles All Perils $5,000 Windstorm/Hail/per occ/per location 1 % of covered values cm:PSA Brown Brown Insurance 4-29-03 23 03- 515 ATTACHMENT E (continued) EXPIRES COVERAGE COMPANY & POLICY NO. 5129/03 Windstorm Florida Windstorm Underwriting Association Policy No.; 557022 Location and Covera a 1) 6447 NE 7d' Ave., Miami, FL Limit or Amount Limit (Building/Contents) $828,0001$10,000 Deductible (Building/Contents $24,8401$1,000 2)101 NW 34th St., Miami, FL Limit (Building/Contents) $627,000/$79,000 Deductible (Building/Contents $18,810/$2,370 3) 236 Grand Ave., Miami, FL Limit (Building) $313,000 Deductible $9,390 4) 27 NE 58th St., Miami, FL Limit (Building/Contents) $194,0001$42,000 Deductible(Bu ilding/Con tents $5,820/$1,260 5)1701 NW 15' Ave., Miami, FL Limit (Building/Contents) $209,000/$21,000 Deductible Building/Con tents 6,270/$1,000 6) 2845 Brickell Ave., Miami, FL Limit(Building/Contents) $209,0001$21,000 Deductible(Bu ilding/Con tents 6,2701$1,000 7) 2132 NW 31d Ave., Miami, FL Limit (Contents) $26,000 Deductible $1,000 8) 6015 NE 4th Ct., Miami, FL Limit(Building/Contents) $157,0001$21,000 Deductible(Bu ilding/Con tents $4,710/$1,000 9) 6599 Biscayne Blvd., Miami, FL Limit (Building/Contents) $138,000/$26,000 Deductible (Building/Contents $4,140/$1,000 cm:PSA Brown Brown Insurance 4-29-03 24 03- 515 ATTACHMENT E (continued) EXPIRES COVERAGE Flood (Federal Program) LocationlCo.lPolicy No. Limit/Deductible 9/8/03 1) James L. Knight Center 400 SE 2nd Ave., Miami, FL 33131 Building $500,000 Insurance Corporation of New York Contents $500,000 Polis No.: 99014967022002 Deductible $5,000 11/22/02 2) Dept. of Parks 2600 S. Bayshore Dr., Miami, FL Building $500,000 Omaha Property & Casualty Contents $100,000 Polis No.: 3-5086-9484-5 Deductible $5,000 11122/02 3) Hangar D 3371 Pan American Dr., Miami, FL Building $220,000 Omaha Property & Casualty Contents $84,900 Polis No.: 3-5086-9487-8 Deductible $5,000 11/22/02 4) Hangar C 3375 Pan American Dr., Miami, FL Building $220,000 Omaha Property & Casualty Contents $84,900 Polis No.: 3-5086-9486-0 Deductible $5,000 11/22/02 5) Hangar A 3381 Pan American Dr., Miami, FL Building $500,000 Omaha Property & Casualty Contents $500,000 Polis No.: 3-5086-9483-7 Deductible $5,000 11/22/02 6) Hangar B 3385 Pan American Dr., Miami, FL Building $500,000 Omaha Property & Casualty Contents $500,000 Polis No.: 3-5086-9485-2 Deductible $5,000 11/22/02 7) Coconut Grove Exhibition Center 3358-60 Pan American Dr., Miami Building $500,000 Omaha Property & Casualty Contents $500,000 Polis No.: 3009717319 Deductible $5,000 11/22/02 8) Manuel Artime Theatre 900 SW 1St St., Miami, FL Building $500,000 Omaha Property & Casualty Contents $247,000 Polis No.: 3-5086-9481-1 Deductible $5,000 5/23/03 9) Allapattah Activity Center 2257 NW No. River Dr., Miami, FL Building $500,000 Omaha Property & Casualty Contents $40,000 Polis No.: 3009881628 Deductible $5,000 11/22/02 10) Manuel Artime Community Ctr. 970 SW 1St St., Miami, FL Omaha Property & Casualty Building $242,000 Polis No.: 3-5086-9482-9 Deductible $5,000 11/22/02 11) MRC 444 S.W. 2nd Ave., Miami, FL Building $500,000 Omaha Property & Casualty Contents $500,000 Polis No.: 3009717293 Deductible $5,000 cm:PSA Brown Brown Insurance 4-29-03 25 03-- 515 ATTACHMENT E (continued) UNIVERSITY OF MIAMI JAMES L. KNIGHT INTERNATIONAL CTR. EXPIRES COVERAGE COMPANY & POLICY NO. 10/9/02 Commercial Admiral Insurance Company General Liability (W.R. Berkley Group) (Primary Layer) Best's Rating: A+ IX Policy No.: A01AG07476 Limits: General Aggregate $2,000,000 Product Aggregate $1,000,000 Each Occurrence $1,000,000 Damage to Rented Premises $50,000 Medical Expenses Excluded Deductible: $5,000 per occurrence 10/8/02 First Excess Evanston Insurance Company Liability (Markel North American Ins. Group) (Second Layer) Best's Rating: A X Policy No.: XO -NJ -1176-00 Limits: Each Occurrence $10,000,000 General Aggregate $10,000,000 Products/Comp. Op. Agg. $10,000,000 Excess of Each Occurrence $1,000,000 Aggregate $2,000,000 Products/Comp. Op. Agg, $1,000,000 1019/02 Second Excess Westchester Surplus Lines Ins. Co. Liability (ACE INA Group) (Third Layer) Best's Rating: A IX Policy No.: MLA3541050 Limits: Each Occurrence $9,000,000 General Aggregate $9,000,000 Products/Comp. Op. Agg. $9,000,000 Each Occurrence $11,000,000 Aggregate $11,000,000 Products/Comp. Op. Agg. $11,000,000 cm:PSA Brown Brown Insurance 4-29-03 26 03— 5 15 ATTACHMENT E (continued) UNIVERSITY OF MIAMI JAMES L. KNIGHT INTERNATIONAL CTR. EXPIRES COVERAGE COMPANY & POLICY NO. 4123 Fidelity Fidelity & Deposit Co. of Maryland Continuous Coverage (Zurich Financial Services Group) Best's Rating: A+ XV Policy No.: CCP9746821-07 Coverage: Insuring Agreement I Employee Dishonesty $100,000 Deductible $2,500 cm:PSA Brown Brown Insurance 4-29-03 27 03- 515 ATTACHMENT E (continued) EXPIRES COVERAGE COMPANY & POLICY NO. 1011/03 Aviation XL Specialty Insurance Company Helipad (XL Capital Group) Liability Best's Rating: A+ XV Polis No.: NAL3006884 10/1103 Excess Casualty North River Insurance Company (Crum & Forster Insurance Group) Auto, G/L, W/C, (Fairfax Financial Group) Police Officers Best's Rating: A- X E&0, Public Policy No.: 544-000062-6 Officials Liability Limit — Per Occurrence $5,000,000 SIR $350,000 10/1 Money & Fidelity & Deposit Co. of Maryland Continous Securities (Zurich Financial Services Group) Best's Rating: A+ XV Polis No.: CCP0038802 cm:PSA Brown Brown Insurance 4-29-03 28 03- 515 ATTACHMENT E (continued) EXPIRES COVERAGE COMPANY & POLICY NO. 10/1/02 Marina Commercial Union Insurance Co. Operators Legal Liability Policy No.: CZJH2O717 Coverages: Marina Operators Legal Liability Commercial General Liability Owned Watercraft "Miss Miami" Protection & Indemnity 10/1/02 Special Events St. Paul Surplus Lines Ins. Co. Liability (St. Paul Companies) Best's Rating: A XV Policy No.: SF05508322 Limits: Each Occurrence $1,000,000 Aggregate $1,000,000 cm:PSA Brown Brown Insurance 4-29-03 29 03- 5 ATTACHMENT E (continued) CITY OF MIAMI DEPARTMENT OF PARKS & RECREATION PROGRAMS EXPIRES COVERAGE COMPANY & POLICY NO. 8112 Fidelity Fidelity & Deposit Co. of Maryland Continous Coverage (Zurich Financial Services Group) Best's Rating: A+ XV Policy No.: CCP0048981 Coverage: Public EE Dishonesty $100,000 Deductible $1,000 cm:PSA Brown Brown Insurance 4-29-03 30 03- 515 ATTACHMENT E (continued) CITY OF MIAMI CITY OF MIAMI ELECTED OFFICERS RETIREMENT TRUST EXPIRES COVERAGE COMPANY & POLICY NO. 6127 Fidelity Travelers Property & Casualty Continous Coverage Best's Rating: A++ XV Policy No.: 103306572BCM Coverage: Employee Dishonesty $100,000 Forgery $100,000 Deductible NIL cm:PSA Brown Brown Insurance 4-29-03 31 03- 515 ATTACHMENT E (continued) CITY OF MIAMI BAYFRONT PARK MANAGEMENT TRUST EXPIRES COVERAGE COMPANY & POLICY NO. 8/31/03 Directors & Federal Insurance Company Officers Liability (Chubb Group of Insurance Cos.) Best's Rating: A++ XV Policy No.: 8162-21-30 EZG Limits Each Loss $1,000,000 Aggregate $1,000,000 Retention Each Loss $2,500 3/13/02 Business Progressive Insurance Company Auto Policy No.: Ca 04623542-0 Auto Liability $100,000/300,000 BI $50,000 PD PIP Statutory Uninsured Motorists Each Person $10,000 Each Accident $20,000 Medical Payments $500 Ea. Acc. Comp. & Coll. Ded. $500 cm:PSA Brown Brown Insurance 4-29-03 32 03— 5{5 CITY OF MIAMI, FLORIDA A=15 INTER -OFFICE MEMORANDUM TO: Honorable May MAY 13 2003 _ DATE: FILE mbers of a City Commissio SUaJECT : A resolution authorizing the City Manager to execute a Professional Services FROM: � C� REFERENCES: Agreement with Joel Arcola Brown & Brown, Inc. Chef Administrator/City Manager ENCLOSURES: RECOMMENDATION It is respectfully recommended that the City Commission adopt the attached resolution, pursuant to Resolution No. 03-228, authorizing the City Manager to execute a professional services agreement, in substantially the attached form, with Brown & Brown, Inc., the top ranked firm, for one (1) year with the option to extend for another one-year in an amount not to exceed $110,000, with funding provided from Account Code 515001.624401.6.650. BACKGROUND The City of Miami issued RFLI #02-03-032 for Insurance Brokerage Services to secure a broker to assist in the management of the City's various insurance and self-funded programs. The City Commission accepted the recommendation of the City Manager approving the findings of the Evaluation Committee and authorized the City Manager to negotiate a professional services agreement with Brown and Brown, the top-ranked firm. The Department of Risk Management has negotiated this agreement and the City Manager will present the negotiated agreement to the City Commission for review and consideration. J H/DE/db 03- 515 Budgetary Impact Analysis Department Risk Management Division Commission Meeting Date: May 22, 2003 Title and brief description of legislation or attached ordinance/resolution: Brown and Brown. Inc. 1. Is this item related to revenue? NO xK1 Yes ❑ (If yes, skip to item #4) 2. Are there sufficient funds in Line Item? CIP Project #: Yes: x Index Code: 624401 (If applicable) (da&4aly 7�mfs) Minor: 650 Amount: $106.250 No: Complete the following information: 3. Source of funds: Amount budgeted in the line item: Balance in line item: Amount needed in line item: Sufficient funds will be transferred from the following line items: $ 5,850,417 $ 7,044,814 (credit $2,100,457) $ 106,250 ACTION ACCOUNT NUMBER TOTAL Project No./Index/Minor Object From $ From $ To 1 $ To I $ 4. Comments: Approved by: Department Director/Designee Date APPROVALS Verifie et. of gic g, Budgeting& Performan Date: Verified by CIP: (If applicable) Director/Designee Date: 03— 515