File #: 2024-0306    Version:
Type: Purchase Status: Passed
File created: 6/11/2024 In control: City Council Regular Meeting
On agenda: Final action: 10/21/2024
Title: Request for Purchase Authorization - FISCAL: Increase to blanket purchase order for Insurance Coverage (general liability, motor vehicle physical damage, property and crime coverage) pool contributions/costs, legal defense and risk management consulting in the amount of $5,000.00 for a new not-to-exceed amount of $483,498.00; Michigan Municipal Risk Management Authority, Livonia, MI
Indexes: Agreements, Blanket Purchase, Insurance, Purchase Authorization
Attachments: 1. 102124 Agenda Summary.pdf, 2. Coverage Amendment.pdf, 3. 062424 Agenda Summary.pdf, 4. MMRMA Coverage Proposal (2024-25).pdf, 5. Renewal Premium and Net Asset Distributions (2015-2025).pdf, 6. Resolution (Draft).pdf

Title

Request for Purchase Authorization - FISCAL:  Increase to blanket purchase order for  Insurance Coverage (general liability, motor vehicle physical damage, property and crime coverage) pool contributions/costs, legal defense and risk management consulting in the amount of $5,000.00 for a new not-to-exceed amount of $483,498.00; Michigan Municipal Risk Management Authority, Livonia, MI 

 

Body

Resolved, that the City of Rochester Hills City Council hereby authorizes a Blanket Purchase Order increase of $5,000 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 revised amount not-to-exceed of  $483,498.00 for the period of July 1, 2024 through July 1, 2025.