CC MEETING: September 10, 2024
DATE: September 3, 2024
TO: Erin Rinehart, City Manager
FROM: Samantha Dean, Director of Workforce Services
Chrystal Davis, Assistant City Manager
Title
Consider A Resolution Authorizing The City Manager To Bind Coverage With the Texas Municipal League Intergovernmental Risk Pool (TMLIRP) for Workers’ Compensation, General Liability, Including Law Enforcement Errors And Omissions, Automobile Liability, Automobile Physical Damage, Crime, Real And Personal Property, and Mobile Equipment, And Arthur J. Gallagher for Cyber Liability In An Annual Amount Not To Exceed $1,400,000.00.
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BACKGROUND:
The City of Carrollton issued RFP #24-026 for Property, Liability, Workers’ Compensation and Cyber Insurance services. Vendors were notified via the City’s electronic bidding system and the City received proposals from three (3) vendors. After review and analysis of the submissions, the City’s Insurance Consultant Charlesworth Consulting and City staff recommends awarding to TMLIRP as the provider for Workers’ Compensation, General Liability, which includes Law Enforcement and Errors and Omissions, Automobile Liability, Automobile Physical Damage, Crime, Real and Personal Property, and Mobile Equipment; and awarding Arthur J. Gallagher as the provider for Cyber Liability.
The attached resolution authorizes the City Manager to enter into an agreement with Texas Municipal League Intergovernmental Risk Pool (TMLIRP) and Arther J. Gallagher for the aforementioned services.
FINANCIAL IMPLICATIONS:
Texas Municipal League Intergovernmental Risk Pool (TMLIRP) issued a quote for Workers’ Compensation, General Liability, including Law Enforcement Errors and Omissions, Automobile Liability, Automobile Physical Damage, Crime, Real and Personal Property, and Mobile Equipment in an amount not to exceed $1,350,000.00.
Arthur J. Gallagher issued a quote for Cyber Liability in an amount not to exceed $50,000.00.
These insurance premiums will be paid with budgeted funds in the Risk Management Fund.
The contract term is for one-year. Additional renewals will be considered at the end of the term and brought before Council for consideration. All agreements will begin October 1, 2024.
IMPACT ON COMMUNITY SUSTAINABILITY:
This project supports and aligns with City Council’s goals and objectives of ensuring employees have appropriate resources and exemplify the vision.
STAFF RECOMMENDATION/ACTION DESIRED:
Staff recommends adoption of the attached resolution authorizing the City Manager to execute contracts with Texas Municipal League Intergovernmental Risk Pool (TMLIRP) and Arthur J. Gallagher to be effective October 1, 2024.