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A resolution approving a contract for purchase of insurance services with Arthur J. Gallagher Risk Management Services, Inc., Agent for various insurers that will be providing insurance coverage for the Metropolitan Government.
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WHEREAS, Metropolitan Code Section 4.40.030 provides that purchases of fire and extended coverage insurance must be approved by Resolution of Council; and,
WHEREAS, as a result of RFQ No. 121225, the Purchasing Division of the Metropolitan Finance Department intends to procure fire and extended coverage insurance services from Arthur J. Gallagher Risk Management Services, Inc., Agent for various insurers that will be providing insurance coverage for the Metropolitan Government, pursuant to the terms and conditions set forth in the contract attached hereto and incorporated herein (the Contract); and,
WHEREAS, approval of the Contract is in the best interest of the Metropolitan Government.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That the Contract between The Metropolitan Government of Nashville and Davidson County and Arthur J. Gallagher Risk Management Services, Inc., Agent for various insurers that will be providing insurance coverage for the Metropolitan Government, attached hereto and incorporated herein, is hereby approved.
Section 2. That this Resolution shall take effect from and after its adoption, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.
Agenda Analysis
Analysis
This resolution approves a contract for purchase of property and boiler insurance services from Arthur J. Gallagher Risk Management Services, Inc., Agent for various insurers that will be providing insurance coverage for the Metropolitan Government. This is a contract for property and boiler insurance. The property insurance would cover the Metropolitan General Government, Metro Nashville Public Schools, the Metropolitan Transit Au...
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