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A resolution to approve the First Amendment to the contract for purchase of insurance services approved by RS2021-1086 between The Metropolitan Government of Nashville and Davidson County, acting by and through the Finance Department and Arthur J. Gallagher Risk Management Services, Inc.
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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, The Metropolitan Government of Nashville and Davidson County ("Metro"), acting by and through the Purchasing Division of the Finance Department previously entered into a contract to procure fire and extended coverage insurance services from Arthur J. Gallagher Risk Management Services, Inc., ("Gallagher") for various insurers to provide insurance coverage for the Metropolitan Government approved by RS2021-1086; and,
WHEREAS, the parties wish to amend this contract by extending the term of the contract, revising the total contract value, removing the requirement to identify the project name, RFQ or Contract number on the ACORD document, and adding language related to the Boycott of Isreal, a copy of which amendment is attached hereto and incorporated herein; 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 First Amendment to the contract between The Metropolitan Government of Nashville and Davidson County and Arthur J. Gallagher Risk Management Services, Inc., 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 amends a contract for property and boiler insurance services from Arthur J. Gallagher Risk Management Services, Inc. originally approved in RS202...
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