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R07-108 II 1 2 RESOLUTION NO. R07- loe 3 4 A RESOLUTION OF THE CITY OF BOYNTON 5 BEACH, FLORIDA, APPROVING THE A WARD OF 6 BID #068-1710-07/JA TO TWO VENDORS FOR THE 7 EIGHTEEN MONTH CONTRACT FOR PROPERTY 8 AND CASUALTY INSURANCE PROGRAM WITH 9 AN ANNUAL EXPENDITURE OF $2,258,448.00; AND 10 PROVIDING AN EFFECTIVE DATE. 11 12 WHEREAS, on August 27, 2007, Procurement Services opened and tabulated 13 four (4) proposals for the referenced RFP; 14 WHEREAS, it is recommended to award the RFP to: Arthur J. Gallagher & Co.; 15 and Wells Fargo, as the lowest, most responsive, responsible bidders. 16 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION 17 OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1. Each Whereas clause set forth above is true and correct and 18 19 incorporated herein by this reference. 20 Section 2. The City Commission of the City of Boynton Beach, Florida, 21 hereby approves the award of Bid #068-1710-07/JA to Arthur J. Gallagher & Co., and 22 Wells Fargo for the Eighteen Month Contract for Property and Casualty Insurance 23 Program with an annual expenditure of $2,258,448.00. Section 3. That this Resolution shall become effective immediately. 24 S:\CA\RESO\Agreements\Bid Awards\Award of Bid - Property and Casualty Ins.doc II PASSED AND ADOPTED this ~ day of September, 2007. 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 ATTEST: 20 21 22 23 24 25 26 27 28 29 30 CITY OF BOYNTON BEACH, FLORIDA k~ /.Mayor . erry ylor S:\CA\RESO\Agreements\Bid Awards\Award of Bid - Property and Casualty Ins.doc