Lake County, IL
File #: 16-0545    Version: 1 Name: Insurance Broker Services
Type: resolution Status: Passed
File created: 5/31/2016 In control: Financial & Administrative Committee
On agenda: Final action: 6/14/2016
Title: Resolution authorizing a contract with Mesirow Insurance Services, Chicago, Illinois, for insurance broker services for a two year period, plus renewals, in the annual amount of $64,500.

Title

Resolution authorizing a contract with Mesirow Insurance Services, Chicago, Illinois, for insurance broker services for a two year period, plus renewals, in the annual amount of $64,500.

 

Staff Summary

                     There is a need to enter into a contract for Insurance Broker Services for Lake County.

                     A Request for Proposal was extended to 15 vendors, sealed proposals were received from three vendors, and interviews were held with two firms.

                     Based on the criteria set forth in the Request for Proposals, the evaluation committee selected Mesirow Insurance Services, Chicago, Illinois, as the most favorable proposal for Lake County.

                     The two year contract, with three additional one year renewals, will cost the County an annual amount of $64,500.

                     

Body

RESOLUTION

 

WHEREAS, in accordance with Section 5-102 of the Lake County Purchasing

Ordinance, proposals were called for by publication for Insurance Broker Services for Lake County; and

 

WHEREAS, subsequent to said publication, requests for proposals were extended to 15 vendors; and

 

WHEREAS, sealed proposals were received from three vendors and opened in the County Building, Waukegan, Illinois, on March 31, 2016 at 2:00 p.m.; and

 

WHEREAS, an evaluation committee, consisting of representatives from the Human Resources Department and States Attorney’s Office, held interviews with the top two firms; and

 

WHEREAS, based on the criteria set forth in the Request for Proposal, the evaluation committee selected Mesirow Insurance Services, Chicago, Illinois, as the most favorable proposal for Lake County.

 

NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that that the Purchasing Agent is authorized to enter into a contract with Mesirow Insurance Services, Chicago, Illinois, for Insurance Broker Services for Lake County for a two year period, plus renewals, in the estimated annual amount of $63,500 charged to 206-1440010-72160.

 

DATED at Waukegan, Illinois, June 14, 2016.