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HomeMy WebLinkAbout95491 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 • • 631 RESOLUTION NO. 9,549 A RESOLUTION AUTHORIZING THE CITY MANAGER TO ACCEPT BIDS AND AWARD A CONTRACT TO ARKANSAS MUNICIPAL LEAGUE FOR VEHICLE LIABILITY INSURANCE COVERAGE. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The City Manager is authorized to accept bids and award a contract to Arkansas Municipal League of North Little Rock, Arkansas, in an amount not to exceed $227,760 for vehicle liability insurance coverage. SECTION 2. Funding is available for this purpose in account number 600 - 360 - 6020 -6030. SECTION 3. This resolution shall be in full force and effect from and after its adoption. ADOPTED: llovember 21, 1995 CITY n1 -7�•.- r 632 PURCHASING FACT SHEET BID NO: 95350 DATE ADVERTISED: 9/2/95 DATE OPENED: 9/26/95 BID LIST: 47809 NUMBER SOLICITED: 15 DEPARTMENT: Fleet DESCRIPTION: Vehicle Liability Insurance Coverage FUNDING: Fleet ACCOUNT NUMBER: 600 - 360 - 6020 -6030 APPROPRIATION OR TRANSFER REQUIRED: None - This is an Annual Contract ACCOUNT AVAILABILITY: $17,000 AMOUNT OF PURCHASE: $227,760 Estimated Yearly Premium SUGGESTED AWARDEE: Arkansas Municipal League North Little Rock, AR RECOMMENDATION AND DISCUSSION: It is recommended that the bid from the Arkansas Municipal League be accepted. The League's program has proven over the years to be the most economical to the City. Bids are taken periodically and other companies have always exceeded the League's premiums. No other companies bid this time. BID #: 95350 DEPARTMENT: Fleet DESCRIPTION: Vehicle Liability Insurance TABULATION Arkansas Municipal League ($260.00 /Vehicle) Award Estimated Quantity 876 Vehicles