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Committee forwards $39.5M insurance brokerage increase to board

Budget and Finance Committee · November 6, 2019
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee recommended a $39.5 million increase to the city’s Alliant Insurance Services brokerage agreement—bringing it to $74 million—to fund property insurance procurement for specified public facilities over the next three fiscal years.

The Budget & Finance Committee recommended that the Board of Supervisors approve an increase to an existing contract with Alliant Insurance Services by $39,500,000, bringing the not‑to‑exceed amount to $74,000,000. Matt Hanson,…

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