HomeMy WebLinkAbout2019-06-24 19-266 Order
06/24/201919-266
06/24/2019
19-266
Finance
Order
N/A
Title, Order
Authorizing Award of Citywide Property & Casualty Insurance Coverage to _________________________
On May 31, 2019, the City received two responses to its request for bids for Citywide Property &
Casualty Insurance coverage. The City’s insurance needs are significant and include; $512,110,397
in property, $18,007,633 in contractor equipment (i.e. equipment not licensed for roads, requires
coverage not provided in another area or by agreement with others), general liability (i.e. potholes,
sewer backups, trips & falls, liquor, employee benefits, law enforcement and professional (nurse,
emt) liabilities, $24,001,508 of covered automobiles, Public Official liability, School Board liability,
Crime (i.e. employee acts), Cyber liability , hull and marine liability and marina operator liability.
The coverages include all operations; municipal, school, sewer, golf, and non-airport operations (this
bid covers airport equipment, vehicles, buildings, employees).
At the request of the Finance Committee, staff is seeking further clarification from a bidder prior to a
final award being made. Therefore, this order will need to be amended to include the chosen
provider of property & casualty insurance coverage.
Finance Committee
06/17/2019
New Business
06/24/201919-266
CITY OF BANGOR ORDER
06/24/2019
19-266
Weston
Authorizing Award of Citywide Property & Casualty Insurance Coverage to _________________________
Be it Ordered by the City Council of the City of Bangor that, the Citywide Property & Casualty Insurance
coverage is hereby awarded to ___________________________.
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