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Bellflower moves to streamline vendor insurance rules, citing CJPIA exposure and efficiency
Summary
City staff proposed shortening the vendor insurance matrix to align with CJPIA guidance, reduce contract delays and transfer risk to vendors; staff said CJPIA provides up to $50 million in pooled coverage and noted a projected increase in CJPIA contributions.
City leaders on Monday heard a staff presentation on proposed changes to vendor insurance requirements intended to speed contracts and more closely align Bellflower with practices used by other cities in the California Joint Powers Insurance Authority (CJPIA).
Dana, the city’s risk manager, told the council the current vendor insurance matrix is a shortened, easier-to-read version of the more comprehensive CJPIA matrix used by larger pools. "CJPIA's matrix is…
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