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�Itl ,1� io <br />TO: MAYOR & COUNCIL <br />PE'FROM: FINANCE DIRECTOR -TREASURER <br />DATE: MARCH 8, 1984 <br />RE: CALL FOR INSURANCE QUOTATIO14S <br />Our insurance consultant, Corporate Risk Managers, Inc., is pres- <br />ently finalizing insurance specifications in order that quotations <br />may be solicited and an award made no later than May 1, 1984, the <br />renewal date cf our present policies. To obtain competitive <br />quotations it is our intent to publish a notice in our official <br />newspaper, the New Brighton Bulletin, calling for quotations. <br />In order that all agents receive an equal oppertunity to provide <br />us with a quotation, specifications will not be released until <br />noon on March 15, 1984. On that date copies of the specifications <br />will be placed in your packets for the Agenda Session of March 19, <br />1984. At that agenda Session Mr. Brian Colway of Corporate Risk <br />Managers, Inc. will review the specifications and answer any <br />questions you may have. <br />In order to allow insurance agents ample time to pick up specifi- <br />cations and obtain quotations from insurance companies we have <br />set noon on April 23, 1984 as the date that quotations are due. <br />After a review of quotations submitted a recommendation will be <br />made to you. In order that our insurance contract may be awarded <br />on or before the renewal date of our present policies of May 1, <br />1984 staff requests a special meeting be set for 5:00 pm on <br />April 30, 1984 to consider insurance quotations and award an <br />insurance contract for 1984 - 1985. Should that time prove to <br />be inconvenient, staff is receptive to an alternative time. <br />RECCOMMENDATION <br />Authorize the publication, in the official newspaper, of a notice <br />calling for insurance quotations to be received no later than <br />noon, April 23, 1984 and calling a special council meeting o <br />April 30, 1984 to review insurance quotations and award a contract <br />for insurance for 1984 - 1985. <br />DB/la <br />