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HomeMy WebLinkAboutMINUTES - 10031995 - C52 HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA C • 5� TO: BOARD OF COMNHSSIONERS n FROM: Richard J.Martinez,Executive cto `_►1 =�,, n I, r DATE: October 3, 1995 SUBJECT: AWARD CONTRACT FOR AUTOMOBILE LIABILITY INSURANCE SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION I. RECOMMENDED ACTION: AWARD contract for Automobile Liability Insurance for the policy year October 1, 1995 to October 1, 1996 to ISU Insurance Services, acting as agents for Fireman's Fund, at a total bid amount of$30,266.50. 11. FINANCIAL IMPACT: Funding has been provided in the Housing Authority's Fiscal Year 1995/96 Consolidated Operating Budget for the $30,266.50 premium payment for automobile liability insurance for the policy year October 1, 1995 to October 1, 1996. III. REASONS FOR RECOMMENDATION/BACKGROUND As the policy year for the current Housing Authority automobile liability insurance ends on October 1, 1995, Requests for.Proposals for automobile liability insurance were forwarded to insurance brokers on June 12, 1995 and three proposals were received. A proposal in the amount of$30,266.50 was received from the low bidder,ISU Insurance Services,acting as agents for Fireman's Fund. IV. CONSEQUENCES OF NEGATIVE ACTION; Should the Board of Commissioners elect to not award the contract for Automobile Liability Insurance to ISU Insurance Services, it would become necessary to expend additional funds to reissue the Request for Proposals. CONTINUED ON ATTACHMENT: YES SIGNATURE RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S) : ACTION OF BOARD ON / 9 9 APPROVED AS RECOMMENDED _X_ OTHER VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A X UNANIMOUS (ABSENT ----------------- 1 TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ON THE ABSENT: ABSTAIN: MINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN. ATTESTED October 3. 1995 PHIL BATCHELOR, CLERK OF THE BOA1jD OF COMMISSIONERS LAND CO TY ADMINISTRATOR B , DEPUTY