e|agenda.NET Sarasota County Schools |
THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA Landings Administrative Complex 1980 Landings Blvd. 3:00 p.m. |
Agenda Item #31 Title APPROVAL TO AWARD RFP#18-0386 FOR PROPERTY AND CASUALTY INSURANCE BROKERAGE SERVICES Description Proposals to provide 'Property and Casualty Insurance Brokerage Services' were received from three proposers on October 19, 2017. The proposal of Arthur J. Gallagher Risk Management Services, Inc., was the best proposal meeting the advertised specifications. This proposal is for three-year period with option to renew for two additional one-year periods. Compensation will be in the form of commissions paid to the broker by the insurance companies at an annual rate of 5%, not to exceed $125,000.00. Recommendation That the proposal of Arthur J. Gallagher Risk Management, Inc., to provide 'Property and Casualty Insurance Brokerage Services' for a three-year period, be approved as presented. Contact CORCORAN & LICHON/SPRINKLE Financial Impact N/A Attachment: PropertyInsuranceBrokerageRFP#18-0386-REC.pdf |