HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: Q7- if,i5 43
Date: 12/5/2007 Requesting Department: Risk Management
Commission Meeting Date: 11101200E District Impacted:
'Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other _
Subject: Insurance Brokerage Services for the Department of Risk Management
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 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 RFLI 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 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. a�navally
Budzet Impact Analysis
ual
NO Is this item related to revenue?
YES Is this item an expenditure? If so, please identify funding source below.
6.--
General Account No: 301001.545000 _ 77;4 :t Fx 2U3&
Special Revenue Account No: /7 1. `c` le -Zee AA 3-1—
CProject Nu.
4q4 7 «/o/67.
IF
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(SIGN AND DBE)
CIP BudAAA 12112401
If using or reef a in capital funds
Grants,/Risk Manage
V Purchasin ' Dept. Director
V Chief City Manager
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