HomeMy Public PortalAboutr 02:343No. 02-343 Date of Adoption Ocl:oh~r 3. ~O02
AUTHORIZING AGREEMENT FOR EXTRAORDINARY, UNSPECIFIED
SERVICES
WHEREAS, there exists a need for Insurance Coverage; and
WHEREAS, the maximum amount of the contract in question is $58,765.32 for
short term disability, life and AD&D, and funds are available in an appropriations
entitled Insurance and Surety Bond Premiums and have been Certified by the Chief
Finance Officer, said certification being attached; and
WHEREAS, N.J.S.A. - 40A: 11-1 et seq. Requires that the Resolution authorizing
the Award of Contracts for "Extraordinary, Unspecifiable Services" without
competitive Bids and the Contract itself must be available for public inspection; and
WHEREAS, this Resolution meets the Statute and Regulations governing the award
of said contracts;
NOW, THEREFORE, BE IT RESOLVED by the Council of the Borough of
Carteret as follows:
1. The Mayor and Borough Clerk are Hereby Authorized and Directed to execute
an agreement with David Baiken from O'Gorman & Young and/or Fort Dearborn
Life Insurance Company.
2. This Contract is awarded without competitive bidding as an "Extraordinary,
Unspecifiable Service" in accordance with 40A: 11-5 (1) (a) (ii) of The Local
Public Contracts Law because Insurance including the Purchase of Insurance
Coverage are specifically excluded.
3. Notification of Contract Award shall be printed once in the News Tribune.
Adopted the 3ra day of October, 2002, and
certified as a true copy of the original on
October 4, 2002.
KATHLEEN M. BARNEY, RMC/CMC
Municipal Clerk
RECORD OF COUNCIL VOTE TR
COUNCILMAN YES NO NV A,B. COUNCILMAN YF-~ NO NV A,B.
P~r~ ~i X Santoro
R~ man X Sohayda x
Rios x Sosnowskl X
X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto
Adopted at a meeting of the Municipal Council
2 Octobe__~r 3_~, 2oo_.~2
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Certification of Extraordinary, UnsDecifiable Service
Date: October 1, 2002
To: Mayor and Council
From: Patrick J. DeBlasio, CFO
Re: Contract for: Insurance Coverage-Disability, AD&D
This is to request your approval of a Resolution
authorizing a contract to be executed as follows:
Firm: O'Gorman & Young(Dave Balken)
Fort Dearborn Life Ins. Company
Cost: Annual $58,765.32
Period: 10/01/02 thru 10/01/03
Purpose: Insurance Coverage as stated above
This is requested to be awarded without competitive bids as an
extraordinary, unspecifiable service (N.J.S.A 40A:11-5 (1) (a). I
do hereby certify as follows:
1. Quotations have been solicited and are as follows:
Prudential $71,666.16
Fort Dearborn 58,765.32
This is the lowest quotation. (If not, explain why in detail)
2. Insurance coverage is specialized and qualitative in nature
requiring expertise, extensive training and proven reputation.
Insurance contracts have been modified over the years to conform
to Borough requirements and policies.
3. This cannot be'described by written specifications because:
It is not reasonably possible to draft specifications to meet the
Borough requirements of all the various liability coverage and
administration thereof.
4. I have reviewed the rules and regulations of the Division of
Local Government Services as contained in the local public
contract guidelines (revised) and certify that the proposed
contract may be considered as an extraordinary, unspecifiable
service in accordance with the requirements thereof.
Respectfully,
Name:
Patrick J. DeBlasio, CFO