HomeMy WebLinkAboutR-05-0123City of Miami
Legislation
Resolution: R-05-0123
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 05-00130 Final Action Date: 2/24/2005
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE CITY MANAGER TO EXECUTE THE FIRST AMENDMENT AND
EXTENSION TO THE PROFESSIONAL SERVICES AGREEMENT
("AGREEMENT"), IN SUBSTANTIALLY THE ATTACHED FORM, WITH BROWN AND
BROWN, INC., TO PROVIDE INSURANCE BROKERAGE SERVICES FOR THE
2005-2006 PERIOD, WITH THE OPTION TO EXTEND FOR AN ADDITIONAL
ONE-YEAR PERIOD, PURSUANT TO REQUEST FOR LETTERS OF INTEREST
NO. 02-03-032, SUBJECT TO THE TERMS, CONDITIONS AND PRICING OF THE
ORIGINAL AGREEMENT, IN AN ANNUAL AMOUNT NOT TO EXCEED $110,000;
ALLOCATING FUNDS IN AN ANNUAL AMOUNT NOT TO EXCEED $110,000, FROM
ACCOUNT CODE NO. 515001.624401.6340.65019, FOR THE CURRENT FISCAL
YEAR WITH FUTURE FISCAL YEAR FUNDING SUBJECT ONLY TO BUDGETARY
APPROVAL.
WHEREAS, the City of Miami issued Request for Letters of Interest No. 02-03-032 ("RFLI")
for insurance brokerage services, which authorized the execution of a professional services
agreement ("Agreement") with the successful broker for a one-year period with the option to extend
for four additional one-year periods; and
WHEREAS, pursuant to Resolution No. 03-515, adopted May 22, 2003, the City Commission
approved the recommendation of Brown and Brown, Inc. and authorized the execution of an
agreement for a one-year period for 2003-2004, with the option to extend for an additional one-year
period for 2004-2005; and
WHEREAS, the City has increased its coverage while realizing premium cost savings at a
reasonable service fee, and the Department of Risk Management is seeking the continued services of
Brown and Brown, Inc. as authorized by the RFLI, by amending and extending the existing contract,
at the same cost, terms, and conditions for a one-year period for 2005-2006, with the option for an
additional one-year period for 2006-2007;
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{1} to execute the First Amendment and extension to
the Agreement, in substantially the attached form, with Brown and Brown, Inc., to provide insurance
brokerage services for a one-year period for 2005-2006, with the option to extend for an additional
one-year period for 2006-2007, pursuant to the RFLI, subject to the terms, conditions and pricing of
said Agreement, in an annual amount not to exceed $110,000, with funds allocated in an annual
amount not to exceed $110,000, from Account Code No. 515001.624401.6340.6, for the current
City of Miami
Page 1 of 2 File Id: 05-00130 (Version: 1) Printed On: 10/28/2016
File Number: 05-00130 Enactment Number: R-05-0123
Fiscal Year with future Fiscal Year funding subject only to budgetary approval.
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
Footnotes:
{1} 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.
{2} 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.
City of Miami Page 2 of 2 File Id: 05-00130 (Version: 1) Printed On: 10/28/2016