STRATEGIC PRIORITY: Government Performance and Financial Management
AGENDA DATE: December 8, 2021
COUNCIL DISTRICT(S): N/A
DEPARTMENT: Office of Procurement Services
EXECUTIVE: Elizabeth Reich
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SUBJECT
Title
Authorize a three-year consultant contract for risk management and insurance consulting services for the Office of Risk Management - Arthur J. Gallagher Risk Management Services, Inc., most advantageous proposer of five - Estimated amount of $195,000 - Financing: Risk Management Fund (subject to annual appropriations)
Body
BACKGROUND
This action does not encumber funds; the purpose of a consultant contract is to establish firm pricing for services, for a specific term, which are ordered on an as needed basis according to annual budgetary appropriations. The estimated amount is intended as guidance rather than a cap on spending under the agreement, so that actual need combined with the amount budgeted will determine the amount spent under this agreement.
This consultant contract will provide for risk management and insurance consulting services for the Office of Risk Management. The contract will engage the services of a firm to provide consulting, and technical assistance which will encompass all phases of risk management services for the City's operations. The services include the review of coverage for the property insurance program, excess workers compensation insurance, excess liability insurance, risk transfer consulting, market assistance with insurance requirements for contractors, and the review of insurance companies' financial stability.
A five-member committee from the following departments reviewed and evaluated the qualifications:
* City Controller's Office (1)
* Court and Detention Services (1)
* Office of Risk Management (2)
* Office of Procurement Services (1)*
*The Office of Procurement Services only evaluated the cost and local prefere...
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