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AI- 29550
19.A.5.
CC REGULAR
Meeting Date:
11/15/2011
Submitted For:
Martha L. Salazar
Submitted By:
Yvette Islas, PURCHASING DEPT.
Department:
PURCHASING DEPT.

Information

CAPTION

a.  Accept and approve invoice(s) received from Montalvo Insurance (see attached documents) in the amount of $2,026,021.45 for renewal of “Hidalgo County’s Property & Casualty Insurance Policies which includes TPA Services" for 2012-13 with coverage effective January 01, 2012 through January 01, 2013;

b. Approval for County Treasurer to issue check(s) after review, audit and processing procedures completed by County Auditor with the authority for Court Member or Commissioner’s Court Executive Officer to sign any applicable documentation related to item above;

c. Discussion and applicable action on any options (attached hereto) presented by Montalvo Insurance in connection with Hidalgo County's Property & Casualty Insurance Policies.

BACKGROUND


Fiscal Impact

FISCAL YEAR:
2011
ACCT. #:
1-1100-143-20-000-000-0-000
FUNDS AVAILABLE Y/N?:
SEE BELOW
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

GEN FUND-PREPAID SERVICES
prepaid services account.
The invoice in calendar year 2012 will be paid from 1-1100-419-00-125-009-0-XXX. Funds in the amount of $1,685,000.00 have been allocated in that budget.

Attachments

Form Review

Inbox Reviewed By Date
Purchasing / Internal msalazar 11/08/2011 05:30 PM
Budget and Management mmunoz 11/09/2011 07:58 AM
Auditor's Office Alejandro Garcia 11/10/2011 04:42 PM
Form Started By:
yislas
Started On:
11/07/2011 11:41 AM
Final Approval Date:
11/10/2011