Item:
Title
Request the Board Authorize the Interim County Attorney to Execute a Contract with Arthur J. Gallagher Risk Management Company, LLC for Insurance Brokerage and Risk Management Services in the Amount of $42,000.00
Body
Date of BOCC Meeting: May 13, 2024
Request for Board Action:
Agenda Text
The Board is requested to authorize the Interim County Attorney to execute the contract with Arthur J. Gallagher Risk Management Company, LLC for insurance brokerage and risk management services. Arthur J. Gallagher has a long-standing relationship with the County serving as its insurance broker since 2012. However, their current contract ended January 9th, 2024, and an RFP was marketed for services in anticipation of the contract end.
The County finances its risk using a combination of commercial insurance and self-insurance programs. This contract ensures that this strategy remains effective and in line with current market conditions for third party insurance coverage. Arthur J. Gallagher Risk Management Company, LLC provided a response to RFP 23-012 requesting vendors for consultation services in the areas of risk financing, claims reporting and claims management, safety and loss control, and insurance premium and bond premium payments.
Funding for this contract will come from the Risk Management budget. The services provided in this contract are critical to ensuring the County appropriately manages financial risk transfer on an annual basis through fair market pricing of insurance.
Alignment with Strategic Plan: This aligns with Strategic Goal 5: Accountable, Efficient and Visionary Government - An effective organization committed to continuous innovation, exceptional customer service, transparency, and fiscal responsibility.
Resource Persons: Curtis Massey, Interim County Attorney and Janelle Owens, Risk Manager
County Manager's Recommendation: The County Manager recommends that the Board authorize the Interim Couty Attorney authority to exec...
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