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AI- 35309
Purchasing Department   17.A.3.
CC REGULAR
Meeting Date:
12/04/2012
Submitted By:
Vangie Garcia, PURCHASING DEPT.
Department:
PURCHASING DEPT.

Information

CAPTION

a.  Presentation for discussion, consideration and applicable action by Hidalgo County Commissioners Court on options presented by Montalvo Insurance in connection to the 2013-2014 annual coverages for "Property & Casualty Insurance Policies"; and

b.  Approval by CC of Option#____ pursuant to action on item "A"-herein for said coverages with the offered renewal premium(s)  as detailed  in the attachments herein with said term from January 1, 2013 through January 1, 2014; and

c.  Acceptance and approval for County Treasurer to issue check(s) after review, audit and processing procedures are completed by County Auditor upon Montalvo Insurance submitting invoice for said premium coverages as detailed, submitted and approved by CC in the amount of $___________________ for renewal coverages of Hidalgo County's Property & Casualty Insurance Policies which includes the TPA Services for 2013-2014.

d.  Authority for Valde Guerra, Hidalgo County Commissioners Court Executive Officer to execute any/all applicable documents required.

e.  Discussion regarding tail-end insurance coverage with Travelers for year 2013 and any additional topic relevant to this project.

BACKGROUND

Original term of Policies effective as of January 1, 2011 with ending date of December 31, 2013.  Term is effective and current, request is for the acceptance for 2013-2014 coverages/rates.

Fiscal Impact

FISCAL YEAR:
2013
ACCT. #:
1100-419-00-125-009-0-521, 522, 523 & 524
FUNDS AVAILABLE Y/N?:
Pending
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

For FY 2013 the adopted budget is $1,685,000.00. Budget officer is aware that additional funding will need to be appropriated at the beginning of 2013 no matter which option is chosen.

Attachments

Form Review

Inbox Reviewed By Date
Purchasing / Internal msalazar 11/29/2012 04:17 PM
Budget and Management mmunoz 11/30/2012 08:26 AM
Auditor's Office Alejandro Garcia 11/30/2012 05:26 PM
Form Started By:
vgarcia
Started On:
11/15/2012 11:53 AM
Final Approval Date:
11/30/2012