Action Items 2.
CANCELLED Metro Trans Engineering & Construction Cooperative
- Meeting Date:
- 11/10/2022
REQUESTED ACTION:
MOTION TO APPROVE: The acquisition of MTECC General Liability and Public Officials Insurance and delegation to the Chair to approve the expenditure for obtaining the quoted policies.
WHAT THIS ACTION ACCOMPLISHES:
Approval of this item will allow the MTECC Interim Executive Director to obtain the necessary general liability coverage for the agency.
SUMMARY EXPLANATION/BACKGROUND:
Now that the creation of MTECC has been established and start-up operations underway, it will be necessary for MTECC to carry general liability insurance as a risk mitigation for its business dealings. The Florida League of Cities through FMIT and Brown and Brown are insurance companies that have insured several municipalities in Florida and the Broward MPO. Both insurance companies have been solicited to provide quotes for general liability and public officials coverages.
MPO STAFF RECOMMENDATION(S):
Staff recommends approval of this item, so that MTECC may obtain general liability insurance.
ADDITIONAL INFORMATION/PREPARER:
If you have any questions about this item, please contact Chris Bross at (954) 876-0064 or brossc@browardmpo.org.