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BOARD OF COUNTY COMMISSIONERS
AGENDA REQUEST
DATE: November 5, 2013
TO: Honorable Chairman and Members of the Board
FROM: Kay Godwin
SUBJECT: Purchase of Flood Insurance
DEPARTMENT: Human Resources
BCC DISTRICT: All
STATEMENT OF ISSUE: Request authority to renew flood insurance for policies and direct
the chairman to sign contracts as required.
BACKGROUND: Attached is a schedule of the flood insurance policies to be renewed. The
policies run from December 14, 2013 to December 14, 2014, with the exception of one
additional policy that renews on March 31, 2014 and runs until March 31, 2015.
The purchasing of flood insurance for county property in the flood zone is one of the
requirements for the county to obtain a higher community rating. Our participation level in the
system allows homeowners in Okaloosa County to obtain a twenty-five percent discount on
flood insurance.
In accordance with the Purchasing Policy:
G.3.d.(2) Exception to formal bid requirements: Risk Management shall negotiate and
recommend to the Board for approval, policies of insurance coverage for property,
liability and special risk insurance that would be most advantageous to the County.
These purchases shall qualify as a direct payment.
OPTIONS: The commission can agree to authorize Risk Management to renew the outlined
policies or provide further direction.
RECOMMENDATIONS: In compliance with Purchasing Policy requirements Risk
Management recommends that the commission authorize the renewal of the outlined policies and
authorize the Chairman to sign the required insurance contracts.
RECOMMENDED BY:
APPROVED BY:
Ernie Padgett, County Administrator