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File #: 18-1372   
Type: Orange County Transportation Authority Item Status: Passed
File created: 7/26/2018 In control: Finance and Administration Committee
On agenda: 10/24/2018 Final action: 11/12/2018
Title: Property Insurance Policy Renewal
Sponsors: Al Gorski, Maggie McJilton
Attachments: 1. Transmittal, 2. Staff Report

Title

Property Insurance Policy Renewal

 

Overview

The Orange County Transportation Authority holds a property insurance policy with Zurich Insurance Company.  This policy is scheduled to expire on December 1, 2018.

 

Recommendation(s)

Authorize the Chief Executive Officer to negotiate and execute Purchase Order No. A40297, in the amount of $550,000, to Marsh Risk and Insurance Services, Inc., to purchase property insurance on behalf of the Orange County Transportation Authority for the policy period of December 1, 2018 to December 1, 2019.