HomeMy WebLinkAboutPre-Summary FormAGENDA ITEM SUMMARY FORM
FILE ID: (27' l�Is 43
Date: 12/5/2007
Commission Meeting Date: 1/10/2008
Requesting Department: Risk Management
District Impacted: _ _
Type, ® Resolution ❑ Ordinance ❑ Emergency Ordinance [] Discussion Item
❑ Other
Subject: insurance Brokerage Services for the Department of Risk Manag? mens
Purpose or Item:
Authorizing the City Manager to execute a Professional Services Agreement with Brown and Brown
of Florida, 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 (1) year
period, with the option to extend the Agreement for an additional four (4) one (1) year periods, in an a
amount not to exceed $106,250. Additional years are subject to the availability of funds and Budget
approval. The funds will be allocated from Account Code No. 05002.301001.545000.0000.00000
Background Information:
City of Miami issued RFLJ No. 06-07-001 seeking qualified and experienced firms for the provisions
of insurance brokerage services for the Department of Kisk Management and the Evaluation
Committee evaluated the proposals received and ranked Brown and Brown of Florida, Inc., as the top-
ranked firm, and recommended that the City Manager negotiate a Professional Services Agreement
with the top-ranked firm for an initial one (1) year period, with the option to extend the A greement for
four (4) additional one (1) year periods, in an amount not to exceed $106,250 and the City Manager
concurred with the recommendation of the Evaluation Committee. A°n"'aily
Budget Imuact Analysis
NO is this item related to revenue?
YE,S is this item an expenditure? If so, please identify funding source below. u�s �9�
g 001
eneral Accuunt Nn: 301.545000 — 7,1;:c .rY 2�"/ 33
��-
Speciol Revenue Account No: ��``- " �'`�"�
CIP Project No.-
NO
u:NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital. Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
!SIGN, AND DATE)
CIP BudY
If using or rweIVing capital funds
Grants I I Risk Manage
Purcbasin ^' ' _Dept. Director,
Chief �Z City Manager_
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