HomeMy WebLinkAbout2003-06-23 03-216 ORDERCDURa1AMON
Item No. 03-216
Dace: 6-23-03
Item/Subject: Order, Accepting the Quote of AIG Aviation for Insurance Coverage at Bangor
International Airyort.
Responsible Department: Purchasing
Commentary:
The Ory has received a quote for the upcoming year from for AIG Aviation for the continuetl
insurance services currently provided to Bangor International Airport. This years quote is $163,500
which is a premium increase of $18,000.00 from last year. Given the current markets, this
specialized coverage and the circumstances resulting from the events of September 11'", the
$163,500 premium appears to be a reasonable price.
We recommend your approval of accepting the AIG Aviation quotation.
Department Head
The Finance Committee has reviewed and recommends approval.
Dl
Cay Manger
Meandabild Information: Summary of Coverages and Cost
Finance Director
City Solicitor
Introduced Por
X Passage
— First Reading Page_a
Referral
03-216
Assigned to Cawcilor Tremble June 23, 2003
..;' CITY OF BANGOR
(TITLE.) Order, Accepting Me Quote of AIG Aviation For Insurance Coverage at Bangor
International Airport
By the Oty Coundi of the City of Bangor.
ORDERED,
That the Quotation provided by AIG Aviation for insurance coverage at Bangor International
Airport in the amount of $163,500 is hereby accepted.
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Jesse 23. 2003
Passed
O RD RR
MTLE,)RceeptmR ties Qoote of RIG Aviatisa
for Iva a Coverage a[ a�ogar lu ePRRtlol 1
Airport i
Assigned Cauxiffsl
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