Title
Agreement for Insurance Brokerage Services
Overview
On February 24, 2022, the Orange County Transportation Authority issued a request for proposals for insurance brokerage services. Offers were received in accordance with the Orange County Transportation Authority’s procurement procedures for professional and technical services. Approval is requested to execute an agreement for these services.
Recommendation(s)
A. Approve the selection of Marsh USA, Inc., as the firm to provide insurance brokerage services.
B. Authorize the Chief Executive Officer to negotiate and execute Agreement No. C-2-2257 between the Orange County Transportation Authority and Marsh USA, Inc., in the amount of $670,000, to provide insurance brokerage and insurance document tracking services for a five-year term effective July 1, 2022 through June 30, 2027.