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Consider extending contract RFPCL24-004 for Physical Damage Coverage (Select Vehicles & Heavy Equipment) to North American Insurance Agency of Lawton LLC dba INSURICA of Lawton underwritten by OMAG
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INITIATOR: Craig Akard, Human Resources Director
STAFF INFORMATION SOURCE: Candy Brown, Human Resources Deputy Director
BACKGROUND: The current contract RFPCL24-004 for physical damage coverage for select vehicles and heavy equipment expires on September 30, 2024. The vendor has agreed to the contract extension. The Human Resources Department has recommended to extend the contract for an additional year. The vendor has met and/or exceeded all contract requirements.
EXHIBIT: Department Recommendation, Vendor Extension Form, Original Contract
KEY ISSUES: Does the City of Lawton wish to extend Contract RFPCL24-004 Physical Damage Coverage for Select Vehicles & Heavy Equipment to North American Insurance Agency of Lawton LLC dba INSURICA of Lawton?
FUNDING SOURCE: City at Large Account 1002503-52050
STAFF RECOMMENDED COUNCIL ACTION: Extend contract RFPCL24-004 Physical Damage Coverage of Select Vehicles & Heavy Equipment to North American Insurance Agency of Lawton LLC, dba INSURICA of Lawton.