TO: Finance Committee
FROM: Armando De Avila, Risk Management Benefits Administrator
SUBJECT:
title
Award of Contract for Insurance Brokerage Services for General Liability, Workers Compensation and Property and Casualty Coverage to Alliant Insurance Services in the Amount of $40,500.00.
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BACKGROUND:
Between February 3, 2025 and February 21, 2025, the City of Joliet requested proposals seeking a broker/consultant to perform the full range of services related to the design, implementation, maintenance, communication, and improvement of the City’s General Liability, Workers Compensation, and Property and Casualty coverages and other plans as they are added or developed. The City’s current carrier program will remain unchanged until July 31, 2025.
CONCLUSION:
A bid opening was held on February 21, 2025. The responses to RFP 2893-0525 were as follows:
Each vendor was interviewed by a committee of staff from the Finance and Human Resources Departments. The committee also reviewed the proposal materials submitted by each vendor and considered the vendors’ proposed services for the City.
Based on all of the above, the committee is recommending Alliant Insurance Services to be the next broker/ consultant for the City’s General Liability, Workers Compensation, and Property and Casualty coverages.
Sufficient funds exist within the Human Resources Budget under Org: 01014000, Object 525200
RECOMMENDATION:
recommendation
Based on the above, it is recommended that the Finance Committee recommend to the full City Council the Award of Contract for Insurance Brokerage Services for General Liability, Workers Compensation, and Property and Casualty Coverage to Alliant Insurance Services in the Amount of $40,500.00
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