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BOCC AGENDA ITEM
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| Item Title: | Gallagher Risk Management Services Agreement | | Date: | 9/26/2022 | | Department: | Human Resources |
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| | | | | | | | | Background: | On September 1, 2021 the County entered into an agreement with Harden, A Gallagher Company to provide broker and risk management services on behalf of Nassau County at a cost of $125,000 annually.
Human Resources is providing an amendment to this agreement which would remove certain administrative services, thereby reducing the annual amount for services to $115,000 annually ($230,000 contract total) and also allow for invoicing on a quarterly basis. This amendment would keep the original termination date of the agreement of September 30, 2024. | | Request: | | Approve and Authorize the Chairman to sign Amendment No. 1 to the Agreement with Gallagher, Contract No. CM3066 for Risk Management Services for the period of October 1, 2022 thru September 30, 2024, in the amount of $115,000 annually. | | Financial/Economic Impact to Future Years Budgeting Process or Effect on Citizens: | | Reduction of fees by $10,000.00 annually. | | Action Requested and Recommendation: | | Approve and Authorize the Chairman to sign Amendment No. 1 to the Agreement with Gallagher, Contract No. CM3066 for Risk Management Services for the period of October 1, 2022 thru September 30, 2024, in the amount of $115,000 annually. | | Is this action consistent with the Nassau County Comprehensive Land Use Plan? | | NA | | Funding Source: | | 01291519-534000 |
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| Additional Information Needed for Contracts/Agreements (If Applicable) | | | Contract Number assigned by Contracts Management: | | CM3066-A1 | | For non-governmental agencies, has the document been sent to the vendor for signature? | | Yes | | Does the document need to be recorded? If so, who will pay the recordation fee? | | No | | Are there any special mailing instructions? (Include contact name, address, deadline for submittal, how to mail such as express mail, FedEx, etc): | | N/A | | How many originals are needed? | | 2 |
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