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Award of contract to Alliant Insurance Services, Inc. and authorize the city manager, or designee, to execute the City of Pomona professional services agreement, including a participating addendum under Sourcewell master agreement No. 012125; approval of commission-based compensation not to exceed $231,000 over a five-year term; and authorization to pay associated insurance premiums
It is recommended that the City Council take the following actions:
1) Award a contract to Alliant Insurance Services, Inc. for insurance broker services; and
2) Authorize the City Manager, or designee, to execute the City of Pomona Professional Services Agreement, including the Participating Addendum under Sourcewell Master Agreement No. 012125, with Alliant Insurance Services, Inc. for a five-year term; and
3) Approve commission-based compensation in the amount of $46,200 annually, for a total contract amount not to exceed $231,000 over the five-year term; and
4) Authorize the City Manager, or designee, to bind insurance coverage and approve payment of insurance premiums for the City's insurance programs.