Title
Approve and authorize the Contracts/Purchasing Officer to sign Amendment No. 5 to the 2009 professional services agreement with Marsh USA, Inc. dba Marsh Risk and Insurance Services, for workers' compensation and casualty insurance brokerage service, by increasing compensation in an amount not to exceed $120,000 for a total compensation amount not to exceed $720,000, and extending the term of the Agreement by one year, effective July 1, 2017 through June 30, 2018.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors approve and authorize the Contracts/Purchasing Officer to sign Amendment No. 5 to the 2009 professional services agreement with Marsh USA, Inc. dba Marsh Risk and Insurance Services, for workers' compensation and casualty insurance brokerage service, by increasing compensation in an amount not to exceed $120,000 for a total compensation amount not to exceed $720,000, and extending the term of the Agreement by one year, effective July 1, 2017 through June 30, 2018.
SUMMARY/DISCUSSION:
Marsh Risk and Insurance Services is a global leader in insurance broking and Risk Management. They help clients quantify and manage risk and help them unlock new opportunities for growth and risk avoidance.
The County entered into an Agreement with Marsh Risk and Insurance Services on February 1, 2009, to provide workers' compensation and casualty insurance brokerage services after the issuance of a Request for Proposals. This Agreement was approved July 1, 2012, with a termination date of June 30, 2013.
Renewal and Amendment No. 1 renewed and amended the Agreement and increased the term of the agreement to June 30, 2014. It also increased the amount of possible compensation to be paid by the County by $120,000 for a total amount not to exceed $240,000. The Renewal and Amendment also removed Exhibit A-Scope of Services/Payment Provisions and replaced it with Exhibit A-1 Scope of Services, which added language in Section 2 (i) relating t...
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