R09-05

A RESOLUTION APPOINTING AN INSURANCE AGENT

FOR THE BOROUGH OF MERCHANTVILLE

AND EXEMPTING INSURANCE FROM FORMAL BID REQUIREMENTS

 

WHEREAS, there exists a need for an Insurance Agent to advise the Borough on insurance requirements, available coverage and changes in insurance programs; and

WHEREAS, the Local Public Contracts Law requires a resolution be adopted appointing an Insurance Agent as a professional service without competitive bids; and

WHEREAS, the Local Public Contracts Law requires that a resolution be adopted authorizing the award of contracts for insurance coverage without formal competitive bids as an "Extraordinary Unspecifiable Service"; and

WHEREAS, insurance coverage should be obtained through an informal quote basis due to the complexity of specification preparation, the potential of overlooking a hazard or liability in the competitive bidding process, the reluctance of insurance companies to openly participate in insurance bidding and the insurance history of municipal government in general in obtaining adequate insurance coverage; and

WHEREAS, this contract is being awarded pursuant to a “fair and open” process, pursuant to the requirements of New Jersey Local Unit Pay-to-Play Law N.J.S.A. 19:44A-20.4 et seq;

NOW, THEREFORE, BE IT RESOLVED by the Borough of Merchantville that

Guggino Associates

Conner and Strong Insurance Services

Camden County Municipal Joint Insurance Fund

                        State Health Care Program

                        Municipal Insurance Fund

are hereby appointed as Insurance Agents of the Borough of Merchantville and are authorized to seek quotes for insurance coverage on behalf of the Borough, and are authorized to enter into these policies on behalf of the Borough.

 

APPROVED:

 

ATTEST:

                                                                                    FRANK M. NORTH

                                                                                    Mayor

 

DENISE L. BROUSE

Borough Clerk

 

 

 

January 2, 2009