Legislation Details

File #: 2026-0242    Version: 1
Type: Purchase Status: Passed
File created: 5/13/2026 In control: City Council Regular Meeting
On agenda: 6/8/2026 Final action: 6/8/2026
Title: Request for Purchase Authorization - FISCAL: Approval of Renewal of Insurance Coverage (general liability, motor vehicle physical damage, property and crime coverage) pool contributions/costs, stop loss coverage, SIR (Self-Insured Retention) fund replenishment, legal defense, and risk management consulting in the amount of $530,000 for the period July 1, 2026 through July 1, 2027; Michigan Municipal Risk Management Authority (MMRMA), Livonia, MI
Attachments: 1. 060826 Agenda Summary.pdf, 2. Coverage Proposal.pdf, 3. Premium Breakdown.pdf, 4. Renewal Premium and Net Asset Distr.pdf, 5. Resolution (Draft).pdf

Title

Request for Purchase Authorization - FISCAL: Approval of Renewal of Insurance Coverage (general liability, motor vehicle physical damage, property and crime coverage) pool contributions/costs, stop loss coverage, SIR (Self-Insured Retention) fund replenishment, legal defense, and risk management consulting in the amount of $530,000 for the period July 1, 2026 through July 1, 2027; Michigan Municipal Risk Management Authority (MMRMA), Livonia, MI

 

Body

Resolved, that the City of Rochester Hills City Council hereby authorizes a Blanket Purchase Order/contribution to the Michigan Municipal Risk Management Authority (MMRMA) of Livonia, Michigan, for general liability, motor vehicle physical damage, property and crime coverage, pool contributions, stop loss coverage, SIR (self-insured retention) fund replenishment, and risk management consulting in the amount not-to-exceed $530,000 for the period of July 1, 2026 through July 1, 2027.