Agenda Item Name:
Title
“FOR INFORMATION ONLY”, for inclusion into the Board’s minutes, Purchase Order to Tokio Marine for Insurance Brokerage Services for Risk Management.
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Presenter:
John Carnell, 352.264.6967/Larry Sapp, 352.374.5202
Description:
Tokio Marine Purchase Order
Recommended Action:
Recommended Action
Accept this informational report that the vendor for Purchase Order 2023-334 has been changed to Tokio Marine, and include in the Board’s minutes.
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Prior Board Motions:
September 13, 2022, Board approved the FY 2023 New World Report of Annual Blanket Purchase Orders sourcing exempt for Utilities, Insurance Services, Advertising and Perishable Food purchases over $50K.
September 13, 2022, Board approved the quotes to allow the Risk Manager to the bind insurance.
Fiscal Consideration:
Fiscal Consideration
There are sufficient funds to cover this purchase in account 507.04.0490.549-45.11.
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Strategic Guide:
Strategic Guide
All Other Mandatory and Discretionary Services
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Background:
On September 13, 2022, the Board approved FY 2023 New World Report of Annual Blanket Purchase Orders (agenda item 22-0731) which included approval of a vendor for stop loss insurance. Competitive quotes later revealed that a change in the Insurance Carrier would be benefit to the County. As a result, the new vendor for Purchase Order 2023-334 will be Tokio Marine. Amount $966,265.
This purchase is exempt from the County's competitive bidding requirements pursuant to Section 22.3-301(13) of the Alachua County Procurement Code, which permits the County to purchase insurance services. Due to the dollar amount and previous consideration of this Purchase Order, this information is being submitted to the Board.