HomeMy WebLinkAbout2010-06-28 10-249 ORDERCOUNCIL ACTION
Item No. I (1 ' 4 9
Date: June 28, 2010
Item/Subject: ORDER, Authorizing Contract Award for Insurance Coverage at Bangor
International Airport
Responsible Department: Airport
Commentary:
On June 11, 2010 the City received three proposals for Insurance Coverage at Bangor International
Airport. The annual premiums ranged from $258,741— $335,425 — see attached tabulation.
On June 21, 2010 the Finance Committee reviewed and approved staff recommendation to award
the contract to Sargent, Tyler & West of Yarmouth, Maine.
The contract award recommendation must be reviewed approved by the City Council as it is
anticipated to be over $50,000.
Manager's Comments:
Associated Information:
Order, Bid Tabulation
Budget Approval:
Legal Approval:
Introduced for
X Passage
First Reading
Referral
Department Head
Interim City Manager
-'e�
ity Solicitor
Page _ of _
In "49
Assigned to Councilor - Blanchette June 28, 2010
CITY OF BANGOR
(TITLE.) Order, Authorizing Contract Award for Insurance Coverage at Bangor
International Airport
By the City Council of the City of Bangor.•
ORDERED,
THAT, the proposal provided by Sargent, Tyler & West for insurance coverage at
Bangor International Airport in the amount of $258,741 is hereby accepted.
IN CITY COUNCIL
June 28, 2010
Notion Made and Seconded for Passage
Passed
ORDER
(TITLEhorizing Contract Award for
Tnsirance Coverage at Bangor International
e�
Assigned to Councilor �
i
ORDER
(TITLEhorizing Contract Award for
Tnsirance Coverage at Bangor International
e�
Assigned to Councilor �
10 49
City of Bangor
Tabulation - Airport Ground Liability
Opening: 06/11/10
Sargent Tyler & West
Yarmouth, ME
Willis of Northern N.E.
Bangor, ME
Falcon Insurance
Kerrville, TX
Item
Description
Annual
Premium
Deductible
Annual Premium
Deductible
Annual
Premium
Deductible
1
General Liability
240,809
100,000/200,000
307,880
100,000/200,000
335,425
100,000
2
Environmental Liability
16,932
50,000
25,000-30,000
50,000
No Bid
No Bid
3
Vehicle Physical Damage
1,000
1,000
- No Bid
No Bid
No Bid
No Bid
Total Premium:
1 258,741
1332,800 - 337,880
335,425