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Verbal public comments may be submitted pursuant to the instructions noticed in the meeting agenda, which will be available at least 72 hours prior to the meeting at octa.legistar.com/Calendar

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File #: 21-3633    Version: 1 Name:
Type: Orange County Transportation Authority Item Status: Passed
File created: 8/11/2021 In control: Finance and Administration Committee
On agenda: 9/8/2021 Final action: 9/13/2021
Title: Excess Workers' Compensation Insurance Policy
Sponsors: Al Gorski, Maggie McJilton
Attachments: 1. Transmittal, 2. Staff Report

Title

Excess Workers’ Compensation Insurance Policy

 

Overview

The Orange County Transportation Authority currently has an excess workers’ compensation insurance policy with Arch Insurance Company. This policy will expire on October 1, 2021, and a renewal is necessary to maintain coverage.

 

Recommendation(s)

Authorize the Chief Executive Officer to negotiate and execute Purchase Order No. A48430, in the amount of $500,000, to Marsh Risk and Insurance Services, Inc., to purchase excess workers’ compensation insurance on behalf of the Orange County Transportation Authority for the policy period of October 1, 2021 to October 1, 2022.