87931
_ I 8, 793 •SOLUTION NO. r r
s�o
A RESOLUTION AUTHORIZING THE CITY MANAGER TO
RENEW THE CONTRACT WITH ARTHUR J. GALLAGHER
COMPANY TO PROVIDE BUILDING AND CONTENTS
INSURANCE COVERAGE FOR A TWO YEAR PERIOD,
EFFECTIVE OCTOBER 1, 1992.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The City Manager is hereby authorized to renew the contract with
Arthur J. Gallagher Company to provide building and contents insurance coverage for a two
year period commencing October 1, 1992 through September 30, 1994.
ADOPTED: October 6, 1992
ATTEST:
APPROVED AS TO FORM:
THOMAS
CITY ATTORNEY
APPROVED:
• PURCHASING FACT SHEET •
55-1
BID NO: 92273 DATE OPENED: Sept. 25, 1992
DEPARTMENT: Finance
DESCRIPTION: Insurance, Property, Electronic Data Processing,
Boiler and Telephone
FUNDING: General
ACCOUNT NUMBER: 100- 010 -6500 -6031.
APPROPRIATION OR TRANSFER REQUIRED: None
ACCOUNT AVAILABILITY: To be budgeted for 1993
AMOUNT OF PURCHASE: $50,745.00
SUGGESTED AWARDEE: Arthur J. Gallagher & Company
North little Rock, AR
RECOMMENDATION AND DISCUSSION: It is recommended that the award
be given to the low bidder, Arthur J. Gallagher & Company. It is
further recommended that the City be allowed to renew for two
additional years with City Managers approval.
BID 4: 92273 • • 5N9
DEPARTMENT: Finance
DESCRIPTION: Property Insurance
TABULATION
Arthur J. Gallagher & Company
Arkansas Municipal League
(650,745.00) Award
90,369.00