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HomeMy WebLinkAboutResolution - 2018-R0112 - USI Southwest, Inc. - 03/22/2018Resolution No. 2018-RO 112 Item No. 6.13 March 22, 2018 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock is hereby authorized and directed to execute for and on behalf of the City of Lubbock, a Professional Services Agreement for property/casualty insurance broker and consulting services between the City of Lubbock and USI Southwest, Inc., and related documents. Said Agreement is attached hereto and incorporated in this resolution as if fully set forth herein and shall be included in the minutes of the City Council. THAT the City Manager or designee may execute any routine documents and forms associated with said insurance coverage. Passed by the City Council on March 22, 2018 DANIEL M. POPE, MAYOR ATTEST: JK--- Re`b cca Garza, City Secret) APPRO D'AS CONTE Leisa Hutcheson, Director of Human Resources And Risk Management APPROVED AS TO FORM: v JefWAeh, Assistant City Attorney vw:ccdocs/RES.PSAgnnt-USI Southwest, Inc. March 13, 2018 Resolution No. 2018-RO112 PROFESSIONAL SERVICES AGREEMENT This Proti ssional Services Agreement ("Agreement") is entered into this 1st day of April, 2018, by and between the City of Lubbock (the "City"), a Texas home rule municipal corporation, and USI Southwest, Inc.(the "Broker. Consultant"), a Texas corporation. WITNESSETH WHEREAS, Broker Consultant has substantial skill and experience in placement of property and casualty insurance form unicipalities. WHEREAS, Broker Consultant has demonstrated competence and qualifications to perform the Services, as defined below, and will perform the Services for a fair and reasonable price, WHEREAS, the City desires to contract with BrokerConsultant to perlortn services related to the activities and Broker/Consultant desires to provide the services related to same. NOW, THEREFORE, for good and valuable consideration, the receipt and sufficieâ–ºicy of ,xhich is hereby acknowledged, the City and Broker Consuhant agree a. s follows: ARTICLE I Services 1.01 Broker/Consultant shall conduct all activities and «ithin such time frames, as set forth on Exhi bit "A", "Scope of Services", attached hereto (tile "Se" ices") 1.02 For the term of the contract, Broker/Consultant shall subcontract with HeritageRM, dba Sanford & Tatum Insurance Agency in Lubbock, Texas to be the local representative. All fees associated with such subcontract shall be the responsibility of BrokerConsultant. ARTICLE li Compensation and 'Perm 2.01 The consideration to be paid for the Services to be provided the City as described in Article I shall be S75,000 to be paid within ten (10) business days of the final execution of this Agreement and within ten ( 10) Business days of the execution of file renewal hereof. 2.02 ALL PLACENIENT OF COXI11IERCIAL INSURANCE FOR THE CITY SIIALL 13E NET OF CCININIISSION TO THE BROKER/CONSULTANT AND ANY SUB- CONTRACTOR OR AGENT THEREOF, AND SHALL BE PURSUANT TO LOCAL GOVERNMENT CODE, CHAPTER 252.024, PURCHASING AND CONTRACTING AUTHORITY OF MUNICIPALITIES, AND OTHER APPLICABLE LAW. 2.03 This term of this Agreement shall be one year and may be renewed for two (2) additional one (1) year terms upon execution of a written agreement by the Broker/Consultant and the City Manager of the City, but shall not extend, in any case, beyond April 1, 2021. Additionally, the City or the Broker/Consultant may terminate this Agreement at any time by providing thirty (30) days written notice to the other, however, if the Broker/Consultant has completed the "Insurance Brokerage Services" outlined in Exhibit "A", the annual fee for that term is guaranteed to the Broker/Consultant by lice City. 2.04 Upon tennination of the Agreement, Broker/Consultant shall promptly deliver to the City all its records of all matters relating to this Agreement. ARTICLE III Independent Contractor 3.01 It is understood and agreed that Broker/Consultant is to perform the Services in a sound and professional manner and exercising the degree of care, skill, and diligence in tite performance of the Services as is exercised by a professional Broker/Consultant under similar circumstances and Broker/Consultant hereby warrants to the City that the Services shall be so performed. Further, Broker/Consultant is and shall be considered at all times an independent contractor under this Agreement and/or in its service, hereunder. During the performance of the Services under this Agreement, Broker/Consultant and Broker/Consultant's employees will not be considered, for any purpose, employees or agents of the City within the meaning or the application of any federal, state or local law or regulation, including without limitation, laws, rules, or regulations regarding or related to unemployment insurance, old age benefits, workers compensation, labor, personal injury, or taxes of any kind. 3.02 The Broker/Consultant will retain its records of all matters relating to this Agreement in accordance with the Broker/Consultant's record retention policy, a copy of which will be made available to the City upon request, and all applicable laws and regulations. In no event, however, shall the Broker/Consultant destroy or tail to maintain records relating to the services provided for the City prior to the termination date of this contract. ARTICLE IV Events of Default/Remedies 4.01 City's Defaults/Broker/Consultant's Remedies. In the event the City shall default in the performance of any term or provision of this Agreement for anv reason other than failure by Broker/Consultant to perform hereunder, Broker/Consultant may, it' said default shall be continuing after five (5) days' notice of such default is deemed received by the City, exercise any right or remedy available to it by law, contract, equity, or otherwise. 4.02 Broker/Consultant's Defaults/City's Remedies. In the event Broker/Consultant shall default in the performance of any term or provision of this Agreement for any reason other than failure by the City to perform hereunder, the City may, if said default shall be continuing after five (5) days' notice of such default is deemed received by Broker/Consultant, exercise any right or remedy available to it by law, contract, equity, or otherwise, including without limitation, specific performance and/or the right to terminate this Agreement without additional notice. The remedies set forth herein are cumulative and not exclusive, and may be exercised concurrently. ARTI CLE V Insurance 5.01 Broker/Consultant shall procure and carry, at its sole cost and expense through the life of this Agreement, insurance protection as liereinafter specified, in form and substance satisfactory to City, carried with an insurance company authorized to transact business in the state of' Texas, covering all aspects and risks of loss of all operations in connection with this Agreement, including without limitation, the indemnity obligations set forth herein. Broker/Consultant shall obtain and maintain in full force and effect during the term of this Agreement, commercial general liability, professional liability, and automobile liability coverage with insurance carriers admitted to do business in the state of Texas. The insurance companies must carry a Best's Rating of A-VI1 or better. The policies, with the exception of' Professional Liability, will be written on an occurrence basis, subject to the following minimum limits of liability: Professional Liability: Combined Single Limit: 54.000.000 General Liability: Combined Singic Limit fi 1.000.000 Automobile Liability: Combined Single Limit for any auto: $1,000.000 The City shall be granted a waiver of subrogation under the Professional Liability and Automobile Liability policies. Broker. Consultant, or their agent, shall provide to the City evidence of coverage. Broker/Consultant shall elect to obtain worker's compensation coverage pursuant to Section 406.002 of tite TEXAS LA BOR CODE. Further, Broker Consultant shall maintain said coverage throughout the tern, of this Agreement and shall comply with all Provisions of "Title j of the 17EXAS LABOR CODE to ensure that the Broker/Consultant maintains said coverage. The Broker Consultant may maintain Occupational Accident and Disability Insurance in lieu of Worker's Compensation_ In either event, the policy must be endorsed to include a waiver of subrogation in favor of the City of Lubbock. Broker Consultant shall provide to the City evidence of coverage. If at any time during the life of the Agreement or any extension hereof, Broker/Consultant fails to maintain tine required insurance in full force and effect, Broker/Consultant shall be in breach hereof and all work under the Agreement shall be discontinued immediately. ARTICLE VI Miscellaneous 6.01 The Broker Consultant may engage other persons or consultants ("Sub -contractor") in order to perform all or part of the service's outlined to Exhibit "A". Any expenses relating to tile engagement of any Sub -contractor shall be the sole responsibility of the Broker Consultant. 6.02 Broker Consultant shall comply with all laws, statutes, regulations, ordinances, rules, and any other legal requirement related to, in any way, planner or form, the performance of the Services contemplated herein. 6.03 Any notice required by tlli . Agreement ;hall be deemed to be properly screed, if(i) provided in person or by electronic means; or (ii) deposited in the United States mail by certified letter, return receipt requested, addressed to the recipient at recipient's address shown below, subject to the right of either party to designate a different address by notice given in the manner just described. Notice shall be deemed to be received when delivered it' provided in person or by electronic means or, if deposited in the United States mail, as set forth above, three (3) days after depositing such notice in the United States mail, as set forth above. For Citv: Leisa FI utclieson, Director of Human Resources and Risk Management P.O. Box 2000 Lubbock, Texas 79457 Facsimile: (806) 775-3316 w/copy to: City Attorney P.O. Box 2000 Lubbock, Texas 79457 Facsimile: (806) 775-3307 For Broker/Consultant: Robb Pridemore, President-USI El Paso USI Southwest, Inc. 2505 E Missouri Ave El Paso, Texas 79903 Facsimile: (806) 792-9344 6.04 The City reserves the right to exercise any right or remedy available to it by law, contract, equity or otherwise, including without limitation the right to seek any and all forms of relief in a court of competent jurisdiction. Further, the City shall not be subject to any arbitration process prior to exercising its unrestricted right to seek judicial remedy. The remedies set forth herein are cumulative and not exclusive, and may be exercir,ed cancurrently. To the extent of any conflict between this provision and another provision in, or related to, this document, the former shall control. 6.05 THIS AGREEMENT IS TO BE CONSTRUED UNDER TEXAS LAW WITHOUT REGARD TO CONFLICT OF LAW RULES THAT WOULD DIRECT APPLICATION OF THE LA WS OF ANY OTHER JURISDICTION. THE OBLIGATIONS OF TIME PARTIES CREATED BY THIS AGREEMENT ARE PERFORMABLE, AT LEAST IN PART, IN LUBBOCK COUNTI-, TEXAS. VEN UE FOR ANY ACTION BROUGHT PURSUANT TO THIS AGREEMENT, OR ACTIVITY CONTEMPLATED HEREBY, SHALL EXCLUSIVELY BE IN LUBBOCK COUNTY, TEXAS. 6.06 This Agreement represents the entire and sole agreement between the City and Broker/Consultant with respect to the subject matter hereof and supersedes any and all prior negotiations, understandings, representations or other agreements, whether written or oral. This Agreement may not be modified or amended except in writing and duly executed by each party hereto. 6.07 Nothing contained herein shall be construed to imply a joint venture, joint enterprise, partnership or principal -agent relationship between Broker/Consultant and the City. 6.08 If any provision of this Agreement is declared invalid or unenforceable, such provision shall be deemed modified to the extent necessary to render it valid and enforceable so long as said modification is reasonably within the intent the parties as originally expressed. In the event such provision may not be so modified, the unenl'orceability or invalidity of any provision shall not affect any other provision of this Agreement, and this Agreement shall continue in force and effect as ifsuch provision had not been included in this Agreement. 6.09 Any and all documents, drawings and specifications prepared by Broker/Consultant as part of the Services hereunder, shall become the property of the City when Broker/Consultant has been compensated as set forth i n Section 2.01, above. 6.10 A waiver by either City or Broker/Consultant of a breach of this Ageement must be in writing to be effective. In the event either party shall execute and deliver such waiver, such waiver shall not affect the waiving party's rights with respect to any other or subsequent breach. 6.11 Neither City nor Broker/Consultant may assign this Agreement, in whole or in part, without the written consent of such assignment by the non -assigning party except as respects to Section 6.01 above. City and Broker/Consultant each bind itself or himself, their legal representatives and permitted assigns in respect to all provisions of this Agreement. 6.12 Nothing in this Agreement shall be construed to provide any rights or benefits whatsoever to any party other than City and Broker/Consultant. 6.13 Broker/Consultant represents and warrants to City that it has taken all actions necessary to authorize the party executing this Agreement to bind, in all respects, Broker/Consultant to all terms and provisions of this Agreement, and that such person possesses authority to execute this Agreement and bind Broker/Consultant hereto. 6.14 Broker/Consultant further represents and warrants to City that Broker/Consultant is properly and currently licensed by the State of Texas to undertake the activities contemplated by this Agreement, and will remain so licensed for the duration of the Agreement. IN WITNESS WIIERL•01- the parties haNc executed this Agreement by their duty authorized representatives as of tile date first written above, USI Southwest, Inc. Robb Pridemore, President USI El Paso City of Lubbock Daniel M. Pope, Mayor ATTEST: Reb cca Garza, City Sec Lary APPROVED AS TO CONTENT: El Leisa Ilutcheson, Director of Human Resources and Risk Management APPROVED AS TO FORM: r Jeff Hartsell, Deputy City Attorney Exhibit "A" Scope of Services A. Insurance Brokerage Services Included: 1. Represent the City in all negotiations with insurance providers on all issues including those related to premiums, plan designs, and contracts; 2. Prepare applications and supporting documents based on data collected and direct input from the City to solicit proposals/quotes for all insurance contracts, including but not limited to third party administration and risk assessments; 3. Analyze and evaluate proposals/quotes received for renewals based on cost, claim payment procedures, customer service, carrier reputation and financial responsibility and any other unique or required features; 4. Provide proposals/quotes to City for insurance carriers whose Best's Rating is A-VII or better, or in the event the carrier's Best's Rating does not meet this criteria, sufficient rationale shall be presented to the City for approval prior to placement, however, nothing in this Agreement shalt City's risk; make the Broker/Consultant responsible for the solvency of any insurer with which it places 5. Recommend to the City the most economical programs based on premium to transfer risk relative to the amount of risk retained; 6. Provide City with sufficient information on all proposals/quotes received for all insurance contracts; and 7. Provide due diligence marketing report for each line of coverage marketed. B. Execution of Contracts and Agreements Included: I. Ensure that contracts from insurance providers are executed and delivered as expeditiously as possible upon payment of premiums by the City; 2. Review and ensure the accuracy and correctness of insurance contracts prior to delivery to City; and 3. Assist in resolution of conflicts with insurance carriers that may arise during the term of the contracts. C. Presentations and Meetings Included: 1. Prepare and present insurance placement to Executive Management and Council; 2. Prepare and present stewardship reports to Executive Management and Council as requested, however no more than biannually; 3. Meet with Executive Management as needed for special or unique circumstances; and 4. Confer, in person, by phone or email, with Risk Management, as necessary, to assure the delivery of Services. D. Consultation Included: I . Provide resources, as necessary, to advise City on various insurance matters; 2. Assist City with risk transfer/retention for contracts, leases and bonds; 3. Conduct biannual claim reviews with Executive Management and/or Risk Management to identify potential Ioss control measures that would be beneficial to the City; and 4. Analyze City's loss exposure and advise the City of any inadequacies of coverage in existing policies and make appropriate recommendations. 5. Explore options, and upon City's approval, place coverages not currently purchased by the City E. Other Requirements Included: 1. Performing required services on a timely basis; 2. Providing timely, comprehensive and clear reporting; 3. Prepare Certificate of Insurance forms as requested by the City; 4. Coordinate special projects requested by the City; and 5. Obtain insurance company loss runs as requested by the City. TOTAL COMPENSATION FEE: $75,000 Current City insurance policies anticipated for renewal: I. Municipal package excess liability to include; general liability, automobile liability with UM/LnM and med pay, law enforcement liability, public officials errors and omissions, employee benefits administration, and employment practices liability; 2. Property insurance; 3. Property insurance for Montford Dam; 4. Inland marine insurance including fine arts, radio towers, and broadcasting and sound equipment; 5. Boiler and machinery insurance; 6. Crime insurance 7. Airport liability insurance with airport owner's liability and non -owned aircraft liability 8. Pipeline liability insurance 9. Tenant user lease insurance policy (TULIP) 10. Workers' compensation 11. Cyber liability CERTIFICATE OF INTERESTED PARTIES FORM 1295 loll Complete Nos. 1- 4 and 6 if there are interested part es OFFICE USE ONLY Complete Nos. 1, 2, 3, 5, and 6 if there are no interested parties CERTIFICATION OF FILING 1 Name of business entity filing form, and the city, state and country of the business entity's place Certificate Number: of business. US] Southwest, Inc. 2018-316483 El Paso, TX United States Date Filed: 2 Name of governmental entity or state agency that is a party to the contract for which the form is 02/20/2018 being filed. City of Lubbock, TX Date Acknowledged: 3 Provide the identification number used by the governmental entity or state agency to track or identify the contract, and provide a description of the services, goods, or other property to be provided under the contract. RFP 18-13802-KM Consulting and Broker Services for City Property and Casualty Insurance 4 Nature of interest Name of Interested Party City, State, Country (place of business) (check applicable) Controlling Intermediary 5 Check only if there is NO Interested Party. a a 6 UNSWORN DECLARATION My name is Robb Pridemore , -A my date of birth is , My address is 2505 E. Missouri _ EI Paso TX , 79903 USA (street) (city) (state) (zip code) (country) declare under penalty o' perjury that the foregoing is true and correct, Executed in El Paso County County, Slate of Texas on the 20th day of _ February , 2018 (month) (year) Signature of authorized agent of contracting business entity (Declarant) Forms provided by Texas Ethics Commission www ethics.state_tx.us Version V1.0.5523 CERTIFICATE OF INTERESTED PARTIES FORM 1295 1of1 Complete Nos. 1- 4 and 6 if there are interested parties. OFFICE USE ONLY Complete Nos. 1, 2, 3, 5, and 6 if there are no interested parties. CERTIFICATION OF FILING Certificate Number: 1 Name of business entity filing form, and the city, state and country of the business entity's place of business. 2018-316483 USI Southwest, Inc. El Paso, TX United States Date Filed: 02/20/2018 2 Name of governmental entity or state agency that is a party to the contract for which the form is being filed. City of Lubbock, TX Date Acknowledged: 03/21/2018 3 Provide the identification number used by the governmental entity or state agency to track or identify the contract, and provide a description of the services, goods, or other property to be provided under the contract. RFP 18-13802-KM Consulting and Broker Services for City Property and Casualty Insurance 4 Name of Interested Party City, State, Country (place of business) Nature of interest (check applicable) Controlling Intermediary 5 Check only if there is NO Interested Party. X 6 UNSWORN DECLARATION My name is and my date of birth is My address is I , (street) (city) (state) (zip code) (country) I declare under penalty of perjury that the foregoing is true and correct. Executed in County, State of on the day of , 20 (month) (year) Signature of authorized agent of contracting business entity (Declarant) corms provided by I exas ttnlcs t:ommisslon www.ethics.state.tx.us Version V1.0.5523