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HomeMy WebLinkAbout6. Manager's Report 12/07/2010Mount Prospect Village of Mount Prospect Mount Prospect, Illinois INTEROFFICE MEMORANDUM TO: MICHAEL E. JANONIS, VILLAGE MANAGERD. FROM: FINANCE DIRECTOR ? 1 ' O DATE: NOVEMBER 29, 2010 SUBJECT: 2011 PROPERTY AND WORKERS COMPENSATION INSURANCE PROGRA PURPOSE: To present a recommendation for the property and workers compensation insurance program for the policy beginning January 1, 2011 and ending December 31, 2011. DISCUSSION: The Village's current property and workers compensation insurance policies are set to expire on December 31, 2010. With the assistance of the Village's insurance consultant, staff negotiated with the existing broker and insurance companies to secure coverage for 2011. We did not seek alternative proposals for the 2011 renewal because of the continued narrow market for municipal risks. There is only one competitive insurer for the excess WC - Safety National. Federal (Chubb) has been the most competitive on cost and coverage for property. The following is a brief summary of our expiring insurance program, an analysis of the proposals received, and a summary of the insurance package being recommended by staff and its consultant. Expiring Program Attached is the current schedule of insurance in force, showing the type of coverage, the carrier, policy limits, and the broker of record (Attachment 1). Village buildings and vehicles were insured this past year by Federal Insurance (Chubb) Company. The amount of coverage was $68.2 million, with a $25,000 deductible. The annual premium was $75,730. The broker offering the coverage was Arthur J. Gallagher and Co. The Village has been self- insured for liability insurance since 2005. Prior to 2005 the Village purchased conventional coverage. The change in the insurance program was based on a recommendation from our insurance consultant and the results of an actuary study. The Village elected to self- insure for liability coverage up to the point where excess coverage is available from HELP, the high -level excess liability pool ($2,000,000). Excess workers compensation coverage was purchased from Safety National, which insured the Village for individual claims in excess of $500,000. There is a $1 million aggregate limit for worker compensation claims. The annual premium was $48,485. The broker was Arthur J. Gallagher and Co. Proposal Received Nugent Consulting Group assisted the Village in securing proposals from our current broker and underwriters. Mr. Nugent presents a summary of renewal offered by Arthur J. Gallagher and Co. for the upcoming policy period and a breakdown of premium by coverage type for policy years 2006 -2010 (Attachment II). The renewal quote for property coverage increased 8.8% from the prior year and totaled $82,454 while total insurable values increased 11.3 %. The renewal quote for excess workers compensation coverage increased 8.9% from the prior year from $48,485 to $52,841. This was due to a single large claim from 2005 that has reached into the excess insured level. The self- insured retention level for public safety employees increased from $500,000 to $550,000 while the self- insured retention level for general employees remain unchanged from the prior year ($500,000). The total for all premiums and commissions as quoted is $147,677, an increase of 8.1 % from the 2010 premium. Property and Workers' Compensation Insurance Program November 29, 2010 Page 2 The insurance companies being recommended are very sound financially and have an excellent claims payment history. Chubb Group is rated A + +, XV (Superior) by A.M. Best, a recognized insurance company rating service. Safety National Casualty Corp. is rated A, IX (Excellent). RECOMMENDATION: It is recommended the Village purchase property and excess workers compensation insurance from Arthur J. Gallagher and Co. with premiums and broker's fees totaling $147,677. DAVID O. 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This contract provides daily cleaning at the following buildings: Village Hall, Village Hall Parking Structure, Police & Fire Headquarters Building (including above and underground parking structure), Railroad Station, Fire Stations 12 and 14 (floors only), Pistol Range, Public Works, Community Connections Center and the Emergency Operations Center. The Police & Fire Headquarters Building and the Village Hall also require full -time day porter positions, whereas the other buildings are cleaned at night or early evenings. BID RESULTS Sealed bids were opened at 10:00 A.M. on November 15, 2010. Bid notices were mailed to 17 bidders, and a bid notice was placed in a local newspaper. Representatives from 12 firms attended a pre -bid meeting, and 8 bids were received. Bidder Crystal Maintenance Services Corp. ABC Commercial, Inc. Total Facility Maintenance, Inc. Perfect Cleaning Services, Inc. GSF USA, Inc. KMI (Koral Maintenance, Inc.) Best Quality Cleaning, Inc. Nationwide Janitorial Corp. Total Bid Price (annually) $101,640.00 $109,200.00 $133,861.44 $140,916.00 $153,784.20 $156,000.00 $177,600.00 $236,016.00 \\Pw1\pwlhpw$\ Administration \BIDS \RESULTS \Cleaning Bid 2011.2013. Rec.doc Page 1 Page 2 BID RESULTS FOR 3 -YEAR CUSTODIAL CONTRACT November 19, 2010 DISCUSSION The low bidder, Crystal Maintenance Services Corp., had our cleaning service contract in 2000 -2004 & 2007 -2010. During our past 3 year contract Crystal Maintenance has performed satisfactorily including taking on the new facilities added during the last 2 years. Their bid price which includes the new EOC and Community Connections Center is 7% lower than the previous three year contract annual total. Crystal Maintenance Services Corp. is a local company located in Mount Prospect. I have contacted all of their references, and they give Crystal Maintenance Service Corp. an acceptable rating. Crystal Maintenance Services Corp. is, therefore, the lowest cost responsive bidder. RECOMMENDATION I recommend Crystal Maintenance Services Corp. be awarded the proposed three -year cleaning services contract for a not -to- exceed annual amount of $101,640 for daily cleaning services. Sufficient funds for this expenditure have been requested in the 2011 proposed budget. Expenditures in 2012 and 2013 will be limited to budgeted amounts authorized by the Village Board. PAUL BURES Streets & Buildings Superintendent I concur Glen R. And er Director of Public Works pb c: Director of Public Works Glen R. Andler Deputy Director of Public Works Sean P. Dorsey File \NPw1\p w1hpw$NAdministrationNB1DS \RESULTS \Cleaning Bid 2011.2013. Rec.doc Page 2