Agenda - View Meetings (All)

33.

Commissioners Court - Regular Session

Meeting Date:

10/29/2024

Approval of Proposal of Pollution Liability Insurance with Commerce and Industry Insurance Company for Fleet Services Department

Submitted For:

Joy Simonton

Submitted By:

Cheryl Johnson, Purchasing

Department:

Purchasing

Agenda Category:

Regular Agenda Items

Information

Agenda Item

Discuss, consider and take appropriate action on approving the Proposal of Pollution Liability Insurance through AIG Storage Tank Third Party Liability for Policy Number PLC 000168373 with Commerce and Industry Insurance Company for the term of 12-18-2024 through 12-18-2025, and authorizing execution of the document.

Background

This is a recurring annual insurance policy that is required for the County's fuel storage tanks. Policy funding is budgeted annually. FY 25 annual premium, obtaining this insurance is a two-step agenda posting process. The proposal acceptance, attached herein, is submitted to the Commissioner's Court agenda first, followed by a later submission with the renewal quote. The quote for pricing cannot be received until the proposal has been approved and signed. The funding source is 01.0882.0882.004416. The Fleet Services Department point of contact is Kevin Teller. The company is publicly traded, therefore no Form 1295 required.

Fiscal Impact

From/To

Acct No.

Description

Amount

Attachments

Proposal FY 2025

Form Review

Inbox

Reviewed By

Date

County Judge Exec Asst.

Becky Pruitt

10/24/2024 08:48 AM

Form Started By: Cheryl Johnson

Started On: 10/18/2024 04:29 PM

Final Approval Date: 10/24/2024