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HomeMy WebLinkAboutRES 17-032RESOLUTION NO. 17-032 WHEREAS, bids were solicited for a one (1) year contract, with an option to renew for two (2) additional one (1) year periods, for insurance broker services on behalf of the City of Beaumont for all property insurance related services; and, WHEREAS, Higginbotham d/b/a Talon Insurance submitted a bid in the amount of $40,000.00; and, WHEREAS, City Council is of the opinion that it is in the best interest of the citizens of the City of Beaumont that the bid submitted by Higginbotham d/b/a Talon Insurance should be accepted; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the bid submitted by Higginbotham d/b/a Talon Insurance for a one (1) year contract, with an option to renew for two (2) additional one (1) year periods, for insurance broker services for all City of Beaumont property insurance related services in the amount of $40,000.00 be accepted by the City of Beaumont; and, BE IT FURTHER RESOLVED THAT the City Manager be and he is hereby authorized to execute a contract with Higginbotham d/b/a Talon Insurance, of Nederland, Texas, for the purposes described herein. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 14th day of February, 2017. t, 2 Ma66r Becky Ames *a]; UA 'T ]Uk,A TEXAS ** REVISED 3/7/17 ** (This award letter supersedes any previously submitted award letters.) March 7, 2017 ATTN: Ted Moor, III, Managing Director Copy Via Fax: 409-721-9600 Higginbotham Insurance Agency, Inc. No. of Pages: 3 P. O. Box 1609 Via email: tmoor(a)higginbotham.net Nederland, TX 77627 RE: Property Insurance Broker Services RFP No. PF1017-01 Dear Vendor: Please be advised that your company has been awarded the above referenced contract for the City of Beaumont. The provisions of the agreement are stated in RFP No. PF1017-01. The pricing details of the contract are shown on the following page. DATE BID AWARDED: February 14, 2017 (Resolution No. 17-032 - attached) CONTRACT BEGINS: February 25, 2017 CONTRACT ENDS: February 24, 2018 The initial term of the contract is for one (1) year with options to renew for two (2) additional one (1) year terms. When submitting invoices for payment, please reference the property. A separate invoice is required for each property. Invoices may be mailed to: OR may be emailed to: ATTN: Accounting Division invoices(a-)ci.beaumont.tx.us City of Beaumont P. O. Box 3827 Beaumont, TX 77704 PURCHASING T 409.880.3720 0 F 409.880.3747 PO Box 3827 1 Beaumont, TX 77704 801 Main St. I Suite 315 1 Beaumont, TX 77701 beaumonttexas.gov Higginbotham Insurance Agency, Inc. Award Letter — REVISED 3/7/17 Property Insurance Broker Services RFP No. PF1017-01 March 7, 2017 Page 2 Payment by City to Vendor shall be made in accordance with the requirements of Texas Government Code §2251.021. If you need any further information, please contact the Purchasing Division at (409) 880-3720. Sincerely, /,Z Patrick J. Bardwell Purchasing Manager 'C We G:\BIDS- DO NOT MOVE OR DELETE I\Pu17\Pu-F-16\PF1017-01_award_Revlsed 3-7.17.doc cc: Matt Martin, City Attorney's Office City Clerk's Office RFP PRICING TABLE PROPERTY INSURANCE BROKER SERVICES RFP NO. PF1017-01 Description I Response Marketing and Providing Fire, Flood, Wind, Hail, and Extended Coverage Property Insurance $40,000.00 First Year $40,000.00 Second Year Option $40,000.00 Third Year Option