Title
Approve and authorize the County Counsel to execute a Renewal and Amendment No. 2 to the professional services agreement with Marsh USA, Inc. dba Marsh Risk and Insurance Services, for insurance brokerage services extending the agreement for two years, effective July 1, 2022 through June 30, 2024, for a one-time payment in the amount of $10,000.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors approve and authorize the County Counsel to execute a Renewal and Amendment No. 2 to the professional services agreement with Marsh USA, Inc. dba Marsh Risk and Insurance Services, for casualty insurance brokerage services extending the agreement for two years, effective July 1, 2022 through June 30, 2024, for a one-time payment in the amount of $10,000. This is a revision to the report submitted June 21, 2022, with additional material enclosed.
SUMMARY/DISCUSSION:
This matter was previously before the Board on June 21, 2022, and was approved; however, staff noticed that not all appropriate documentation was enclosed and is therefore resubmitting the requested action.
The County entered into an original Agreement with Marsh on February 1, 2009, to provide casualty insurance brokerage services after the issuance of a Request for Proposals. Since 2009, the County has continued its business relationship with Marsh by amending the contract for several years. In 2019, the Board authorized a new, 1-year contract with Marsh, to expire June 30, 2020, and in 2020, the Board authorized a Renewal and Amendment No. 1 to expire June 30, 2022. A copy of the2019 agreement and its amendment are enclosed.
Marsh has provided services related to a variety of insurance for many years, most significantly General Liability. Due to market conditions, the General Liability program Marsh was able to present was unsatisfactory, and a decision was made to bind the General Liability program with PRISM (formerly CSAC-EIA). However, Marsh has continued to provide ser...
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