HomeMy WebLinkAboutRES 09-013 RESOLUTION NO. 09-013
WHEREAS, bids were received for a policy for excess workers' compensation
insurance; and,
WHEREAS, McGriff, Seibels and Williams of Dallas, Texas, representing Star
Insurance Company, submitted a bid as follows:
$81,500 Annual flat rate based on the 2009 projected payroll of
$66,047,175 for the first year
$.121634 Per $100 of payroll for the optional two (2) additional one (1)
year periods
and,
WHEREAS, City Council is of the opinion that the bid submitted by McGriff, Seibels
and Williams of Dallas,Texas, representing Star Insurance Company,should be accepted;
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT the bid submitted by McGriff, Seibels and Williams, representing Star Insurance
Company, for a policy for excess workers' compensation insurance in the amount shown
above be accepted by the City of Beaumont. The policy is effective January 1, 2009, for
one year with an option to renew two (2) additional one (1) year periods at the same
guaranteed rate.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 13th day of
January, 2009.
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- Mayor`
Becky Ames -
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