Posting Language
Title
Authorize negotiation and execution of a contract for commercial crime insurance coverage with Alliant Insurance Services Inc. d/b/a Alliant Insurance Services, for up to five years for a total contract amount not to exceed $450,000.
[Note: This solicitation was reviewed for subcontracting opportunities in accordance with City Code Chapter 2-9C (Minority Owned and Women Owned Business Enterprise Procurement Program). For the services required for this solicitation, there were there were no subcontracting opportunities; therefore, no subcontracting goals were established].
Body
Lead Department
Financial Services Department.
Client Department(s)
Human Resources Department.
Fiscal Note
Funding in the amount of $67,197 is available in the Fiscal Year 2023-2024 Operating Budget of the Human Resources Department. Funding for the remaining contract term is contingent upon available funding in future budgets.
Purchasing Language:
The Financial Services Department issued a Request for Proposals (RFP) 5800 BYS3026 for these services. The solicitation was issued on March 29, 2023, and closed on June 1, 2023. Of the four offers received, the recommended contractor submitted the best evaluated responsive offer. A complete solicitation package, including a log of offers received, is available for viewing on the City's Financial Services website, Austin Finance Online. Link: Solicitation Documents.
For More Information:
Direct questions regarding this Recommendation for Council Action to the Financial Services Department - Central Procurement at: FSDCentralProcurementRCAs@austintexas.gov or 512-974-2500. Respondents to the solicitation and their Agents should direct all questions to the Authorized Contact Person identified in the solicitation.
Additional Backup Information:
The contract will provide a Broker of Record for commercial crime insurance coverage for all City departments. The insurance will provide coverage for the most common types of...
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