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HomeMy Public PortalAbout1997_02_11_R041The Town of Leesburg, lrglma RESOLUTION NO. A RESOLUTION: PRESENTED February 11, 97-41 ADOPTED February 11, STATING THE TOWN OF LEESBURG'S DESIRE TO USE THE COMPETITIVE NEGOTIABLE PROPOSALS METHOD OF PROCUREMENT FOR THE PROCUREMENT OF PROPERTY AND CASUALTY INSURANCE WHEREAS, the Town Council of the Town of Leesburg, Virginia is due to receive renewal quotations for its Property and Casualty Insurance coverages effective July 1, 1997; and WHEREAS, many insurance company policy forms have various differences in insuring agreements, conditions and.. exclusions and because the sealed bidding procedure docs not allow the latitude for the Council to negotiate the broadest tbrm of coverage that may be available, thc Council is of the opinion that the most advantageous method of procurement of Property and Casualty Insurance should bc performed by way of requests tbr Competitive Negotiable Proposals. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. It is the determination of the Town Council of the Town of Leesburg, Virginia that cx3mpetitivc sealed bidding for Property Casualty Insurance is not practicable and not fiscally advantageous to the public. SECTION 11. The Town Council hereby authorizes in accordance with Section 11-41C1 of thc Virginia Public Procurement Act that the Property and Casualty Insurance program be procured by way ~Xmes E. Clem, Mayor R: CasLife of competitive negotiation. PASSED this llth Clerk of Council day of February , 1997. Town of Leesburg 1997 1997