HomeMy WebLinkAboutSummary Form, AGENDA ITEM SUMMARY FORM
.,::, FILE ID:
Date: 09/03/2009 Requesting Department: Risk Management Department
Commission Meeting Date:/Q. 8/2009 District Impacted: Law Department
Type: X Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item Matter ID No.
❑ Other
Subject: Brown & Brown of Florida, Inc.
Purpose of 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
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 RFLI No. 06-07-001 seeking qualified and experienced firms for the provisions
of insurance brokerage services for the Department of Risk 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 (i) year period, with the option to extend the Agreement 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.
Budget Impact Analysis
NO Is this item related to revenue?
YES Is this item an expenditure? If so, please identify funding source below.
General Account No: 05002.301001.545000.0000.00000
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(MGN AND DATE)
CIP Budget
If using or receiving capital funds
Grants Risk M
Purcha 'n Dept. E
Chief _ i _ City M.
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