COUNCIL AGENDA ITEM
SUBJECT:
title
Insurance Agent/Broker Services - Brown and Brown - Addendum #1
body
DEPARTMENT:
Human Resources
SUMMARY:
In July 2017, the City broadcast a Request for Proposal (RFP#17-HR-014) for Insurance Agent/Broker Services for Group Health and Other Employee Benefits. On September 25, 2017, Council awarded the contract to Brown and Brown for an initial three (3) year term, expiring on September 25, 2020. The Agreement includes two (2) one (1) year renewal options.
Both parties wish to utilize the option to renew the contract for an additional term of one (1) year. Addendum #1 will extend the current contract from September 25, 2020 until September 24, 2021.
BUDGETED ITEM: ☒ Yes ☐ No ☐ Not Applicable
BUDGET AMENDMENT REQUIRED: ☐ Yes ☒ No ☐ Not Applicable
RECOMMENDED ACTION:
Motion to approve Addendum #1 to the Insurance Agent/Broker Services for Group Health and Other Employee Benefit contract with Brown and Brown of Florida, Inc. and authorize the City Manager to execute the document.