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HomeMy WebLinkAbout2016-01-12-Meeting Minutes Finance Committee Meeting Commission Chamber - 1/12/2016 ATTENDANCE: Present: Hons. Guilfoyle, Chairman; Sias, Vice Chairman; Frantom and Hasan, members. Absent: Hon. Hardie Davis, Jr., Mayor. FINANCE 1. Fleet Management requests the replacement of 1-E350 work detail van for Augusta Engineering Department-Maintenance Division. Item Action: Approved Motions Motion Type Motion Text Made By Seconded By Motion Result Approve Motion to approve. Motion Passes 4-0. Commissioner Ben Hasan Commissioner Sammie Sias Passes 2. Approve a request from the Augusta Utilities Department – Administration Division for the purchase of one Ford Explorer for their division at a cost of $27,579 as a replacement for a vehicle that was reassigned to the Water Quality - Laboratory after their vehicle was totaled in a vehicle accident. Item Action: Approved Motions Motion Type Motion Text Made By Seconded By Motion Result Approve Motion to approve. Motion Passes 4-0. Commissioner Ben Hasan Commissioner Sammie Sias Passes 3. The Augusta Utilities Department – Fort Gordon Division requests the purchase of two vehicles for their division, a Ford Explorer and an F-350 Utility Body Item Action: www.augustaga.gov Pick Up Truck. (Bid Item 15-182) Approved Motions Motion Type Motion Text Made By Seconded By Motion Result Approve Motion to approve. Motion Passes 4-0. Commissioner Ben Hasan Commissioner Sammie Sias Passes 4. Approve property insurance coverage for 2016 offered through Affiliated FM, current carrier, for a premium of $408,000 for full blanket coverage and limited flood coverage in flood prone areas. Item Action: Approved Motions Motion Type Motion Text Made By Seconded By Motion Result Approve Motion to approve. Motion Passes 4-0. Commissioner Sammie Sias Commisioner Sean Frantom Passes 5. Motion to approve the minutes of the Finance Committee held on December 8, 2015. Item Action: Approved Motions Motion Type Motion Text Made By Seconded By Motion Result Approve Motion to approve. Motion Passes 4-0. Commissioner Ben Hasan Commissioner Sammie Sias Passes Finance Committee Meeting 1/12/2016 1:10 PM Attendance 1/12/16 Department: Presenter: Caption: Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Finance Committee Meeting 1/12/2016 1:10 PM 2015 - Engineering Work Detail Van Department:Finance Department - Fleet Management Division Presenter: Caption:Fleet Management requests the replacement of 1-E350 work detail van for Augusta Engineering Department-Maintenance Division. Background:This is van was approved for replacement in July 2015 by the Commission. The order was placed with Bobby Jones Ford on 6 August, however Ford Motor Company discontinued government pricing for 2015 vans and the order was canceled. The older vehicle is: 960642- a 1997 Ford E350 work detail van with 124,676 that was approved in July 2015 by the Commission, a purchase order issued and vehicle ordered. Shortly after the order to Bobby Jones Ford the manufacturer stopped receiving orders. Augusta’s order was not processed. The vehicle evaluation and bid tab sheet are attached for your review. Analysis:The Procurement Department published a competitive bid using the Demand Star application for the full size vans and vendor response was as follows: Bid 15-215 for Full size Van: Allan Vigil Ford = $35,960.00 each; Wade Ford = $35,750.00 each. Financial Impact:One Ford E350 work detail van at $35,750.00. The funds will be provided by the 2015 City Capital outlay account. Alternatives:(1) Approve the request; (2) Do not approve the request. Recommendation:Approve the purchase of one work detail van and declare the replaced vehicle as surplus and available for auction Funds are Available in the Following Accounts: 2015 Capital Outlay: 272-01-6440/54-22110 REVIEWED AND APPROVED BY: Finance. Law. Administrator. Clerk of Commission Finance Committee Meeting 1/12/2016 1:10 PM 2015 - Utilities Admin/Eng Veh Department:Finance Fleet Management Presenter:Ron Crowden - Fleet Manager Caption:Approve a request from the Augusta Utilities Department – Administration Division for the purchase of one Ford Explorer for their division at a cost of $27,579 as a replacement for a vehicle that was reassigned to the Water Quality - Laboratory after their vehicle was totaled in a vehicle accident. Background:Augusta Utilities Department – Administration Division would like to request the purchase of one Ford Explorer to replace a vehicle that was transferred to their laboratory group. The laboratory group’s explorer was declared as a total loss, by Risk Management, from a vehicle accident and the Administration group had transferred an explorer to cover the loss. The proposed vehicle bid tab sheet is attached for your review. Analysis:The Procurement Department published a competitive bid using the Demand Star application for these vehicles and the results are as follows: Bid 15-182 (Midsize SUV): Allan Vigil Ford- $27,579.00 each; Bobby Jones Ford = $28,804.00 each NOTE: Bobby Jones Ford was offered the opportunity to match the lowest non-local bid utilizing the Local Vendor Preference Option but declined the opportunity. See attachment. Financial Impact:One Ford Explorer @ $27,579.00. The vehicle will be purchased through the GMA lease program for 36 months with 3 annual payments of $9,193.00 each. Alternatives:(1) Approve the request, (2) Disapprove the request. Recommendation:Approve the purchase of the Vehicle at $27,597.00. Funds are Available in the Following Georgia Municipal Lease program (GMA) 631-00-0000/11.19114 Accounts: REVIEWED AND APPROVED BY: Finance. Law. Administrator. Clerk of Commission Invitation To Bid Sealed bids will be received at this office until Friday June 19, 2015 at 11:00 a.m. for furnishing: Bid Item 15-182 Mid-Size Sport Utility Vehicle for Fleet Department Bids will be received by Augusta, GA Commission hereinafter referred to as the OWNER at the offices of: Geri A. Sams Procurement Department 535 Telfair Street - Room 605 Augusta, Georgia 30901 706-821-2422 Bid documents may be viewed on the Augusta, Georgia web site under the Procurement Department ARCbid. Bid documents may be obtained at the office of the Augusta, GA Procurement Department, 535 Telfair Street – Room 605, Augusta, GA 30901. Documents may be examined during regular business hours at the offices of Augusta, GA Procurement Department. All questions must be submitted in writing by fax to 706-821-2811 or by email to procbidandcontract@augustaga.gov to the office of the Procurement Department by Friday, June 5, 2015 @ 5:00 P.M. No bid will be accepted by fax, all must be received by mail or hand delivered. No Bid may be withdrawn for a period of 90 days after time has been called on the date of opening. Invitation for bids and specifications. An invitation for bids shall be issued by the Procurement Office and shall include specifications prepared in accordance with Article 4 (Product Specifications), and all contractual terms and conditions, applicable to the procurement. All specific requirements contained in the invitation to bid including, but not limited to, the number of copies needed, the timing of the submission, the required financial data, and any other requirements designated by the Procurement Department are considered material conditions of the bid which are not waiveable or modifiable by the Procurement Director. All requests to waive or modify any such material condition shall be submitted through the Procurement Director to the appropriate committee of the Augusta, Georgia Commission for approval by the Augusta, Georgia Commission. Please mark BID number on the outside of the envelope. Bidders are cautioned that acquisition of BID documents through any source other than the office of the Procurement Department is not advisable. Acquisition of BID documents from unauthorized sources placed the bidder at the risk of receiving incomplete or inaccurate information upon which to base his qualifications. GERI A. SAMS, Procurement Director Publish: Augusta Chronicle May 14, 21, 28, June 4, 2015 Metro Courier May 20, 2015 Revised: 1/8/2015 Vendors ALLAN VIGIL FORD 6790 MT. ZION BLVD. MORROW, GA 30260 BOBBY JONES FORD 3480 WRIGHTSBORO RD AUGUSTA, GA 30909 5.00 VEHICLE REQUIREMENTS COST COST 5.02 Sport utility vehicle 4 wheel drive, 4 door design $26,794.00 $28,098.00 5.09 All weather floor mats $70.00 $66.00 6.01 Fire extinguisher $65.00 $50.00 6.02 Outlet receptacle $70.00 $60.00 6.03 Spotlight $90.00 $85.00 6.06 Window tint $125.00 $125.00 7.06 Backup alarm $90.00 $70.00 7.07 Magnetic strobe light $275.00 $250.00 Year 2016 2016 Make FORD FORD Model EXPLORER EXPLORER Approximate Delivery Time 10 - 12 WEEKS Approx 120 DAYS Bid #15-182 Mid-Size Sport Utility Vehicle for Augusta, Georgia - Fleet Management Bid Opening Date: Friday June 19, 2015 at 11:00 a.m. Total Number Specifications Mailed Out: 21 Total Number Specifications Download (Demandstar): 4 Total Electronic Notifications (Demandstar): 83 Mandatory Pre-Bid/Telephone Conference: NOT APPLICABLE Total packages submitted: 2 Total Noncompliant: 0 6.00 OUTFITTER’S SPECIALTY ITEMS: OPTIONAL ITEMS: 7.00 ALERT WARNING SYSTEMS: Page 1 of 1 Finance Committee Meeting 1/12/2016 1:10 PM 2015 - Utilities Fort Gordon Request Department:Finance Department - Fleet Mangement Division Presenter:Ron Crowden - Fleet Manager Caption:The Augusta Utilities Department – Fort Gordon Division requests the purchase of two vehicles for their division, a Ford Explorer and an F-350 Utility Body Pick Up Truck. (Bid Item 15-182) Background:Augusta Utilities Department – Fort Gordon Division would like to request the purchase of two vehicles – one Ford Explorer for new personnel and inspectors; and one F350 utility body work truck to their fleet for the new re-use water project. The proposed vehicle bid tab sheets are attached for your review. Analysis:The Procurement Department published a competitive bid using the Demand Star application for these vehicles and the results are as follows: Bid 15-182 (Midsize SUV): Allan Vigil Ford- $27,579.00 each; Bobby Jones Ford = $28,804.00 each NOTE: Bobby Jones Ford was offered the opportunity to match the lowest non-local bid utilizing the Local Vendor Preference Option but declined the opportunity. See attachment. Bid 15-163 (10,000 GVW Truck): Allan Vigil Ford = $46,136.00 each; Auto Nation Company = Non-Compliant bid; Bobby Jones Ford = $40,874.00 each. Financial Impact:One Ford Explorer @ $27,579.00 each, and one F350 utility body truck @ $40,874.00 each for a total of $68,453.00. The vehicles will be purchased through the GMA lease program for 36 months. Alternatives:(1) Approve the request; (2) Do not approve the request (3) Approve the request in part. Recommendation:Recommend approval for the purchase of one Ford Explorer and one F-350 with Utility Body for the Augusta Utilities Department. Funds are Available in the Following Accounts: Georgia Municipal Association Lease Pool (GMA) 631-00- 0000/11.19114 REVIEWED AND APPROVED BY: Finance. Procurement. Law. Administrator. Clerk of Commission AfM INSURANCE PROPOSAL for Augusta Richmond County To: Mike Taylor From: Christopher W. Kemple A. POLICY Ttr',RM: 0 I -February-2O I 6 to 0l -February -2017 B. NAMED INSURED: Augusta Richmond County, and its wholly or majority owned subsidiaries and any interest which may now exist or hereinafter be created or acquired which are owned, conholled or operated by any one or more ofthose named insureds. C. BOIJqTJTIMIL This Company's total limit of liability, including any insured Business Intemrption loss, will not exceed the policy Limit of $500,000,000 as a result of any one occurrence subject to the respective sub-limits of liability shown elsewheie in this policy. D. POLICY TERRITORY: Coverage provided by this policy is limited to prope{y while located within: the fifty (50) United States; Dishict of Columbia; Commonwealth of Puerto Rico; U.S. Virgin Islands; and Canada. INSITR A NCT', PROVITTT'N: This Policy covers prop€rty, as desoribed in this Policy, against ALL RISKS OF PHYSICAL LOSS OR DAMAGE, except as hereinafter excluded, on Real Property, Personal Property, Extra Expense, while located as follows: As per schedule on file electronically received on l9-November-2015, except for the locations specifically scheduled in Item 2 below. This Policy covers property, as described in this Policy, against ALL RISKS OF PHYSICAL LOSS OR DAMAGE, except as hereinafter excluded, not to exceed the limits of liability specified for the coverages indicated, while located as follows: Location Schedule Limits of Liabili8 Phinezy House Incls Bldg G, 3405 Mike Padgett Highway, Augusta, GA, 30906, Index No. 001434.49 E. 1. Real Property Personal Property Extra Expense Ezekiel House, 1850 Broad Street, Augustq GA, 30904 Real Property Personal Properly Extra Expense Page I of8 s714,301 $144,361 Not Covered $378,731 Not Covered Not Covered Date: 09 Dec 2015 Residence, 2854 Pineview Road, Augusta, GA, 30909 Real Property Personal Property Extra Expense ,4fM $135,000 Not Covered Not Covered F. SUB-LIMITS: unless otherwise stated below or elsewhere in this Policy, the following sub-limits of liability, including any insuredBusiness Intem-rption loss, will be the maximum payable and will apptf on a per occurrence basis. The sub-limits stated below or elsewhere in this Policy are part of and not in addition to the policy Limit. when a limit of liability applies to a location or property, such limit of liability will be the maximum amount payable forall loss or damage. There shall be no liability under this Policy when "NoT COVERED,, is shown as a sublimit. l' $100,000,000 Earth Movement annual aggregate for all coverages provided, and is the maximum amountpayable for all loss or damage caused by or resultiig from Eart'h Movement in anyoccurrence, not to exceed: $50,000 Earth Movement annual aggregate as respects Errors & omissions, off-premises ServiceIntemrption, Unnamed Locations and Supply Chain combined. 2' $50,000'000 Flood annual aggregate-for all coverages provided, and is the maximum amount payable forall loss or damage caused by or resulting from Flood in any occurrence, not to exceed: $5,000,000 Flood annual aggregate for all coverages provided combined for ,,Tier I Flood prone Locations" per section H. special rerms and conditions of Form s-l $50'000 Flood annual aggregate as respects Errors & omissions, off-premises Service Intemrption,Unnamed Locations and Supply Chain combined. 3. $30,000,000 All coverages provided at Fort Gordon Water System Additional Prooe4v Damaeg Coveraee $2,500,000 Accounts Receivable$250,000 Arson or Theft Reward Policy Limit Brands and Labels$100,000 Change of Temperature Policy Limit Control of Damaged properfy $4,000,000 Data, programs or Software Policy Limit Debris RemovalPolicyLimit DecontaminationCosts $100,000 Deferredpayment Policy Limit Demolition and Increased cost of construction$10,000,000 Errors and Omissions $1,000,000 ExpeditingExpenses $500,000 Fine Arts $100,000 Green Coverage not to exceed 25oh of theamount ofthe property damage loss$50,000 Land and Water Clean Up Expense annual aggregate$500,000 Locks and Keys$250,000 Money and Securities $10,000,000 NewlyAcquiredproperty Page 2 of8 $1,000,000 $250,000 Policy Limit Policy Limit $100,000 $100,000 $100,000 $100,000 $500,000 $5,000,000 $2,000,000 Business Interruption Coverage NOT COVERED Gross Earnings NOT COVERED Gross Profits NOT COVERED Rental Income $5,000,000 ExtraExpense Business Interruption Coverage Extensions NOT COVERED 30 Days NOT COVERED NOT COVERED NOT COVERED NOT COVERED NOT COVERED NOT COVERED NOT COVERED NOT COVERED NOT COVERED NOT COVERED $100,000 NOT COVERED Athaction Property Civil or Military Authority Computer Systems Non-Physical Damage annual aggregate Contractual Penalties Crisis Management Extended Period of Liability Ingress/Egress Leasehold Interest Logistics Extra Cost Off-Premises Service Intenuption - Business Intemrption not to exceed $50,000 for voice, data, and video services Protection and Preservation of Property - Business Interruption Research and Development Soft Costs Supply Chain G. DEIIUCTIBLE AMOI]NT: This Company will not be liable for loss or damage, including any insured Business Intemrption loss, in any one occurrence until the amount of loss or damage exceeds the deductible amount shown below and then this Company will only be liable for its share of the loss or damage in excess of the deductible amount. If two or more deductibles apply to a single occurrence, then no more than the largest deductible amount will apply. However, this Policy allows for the application ofseparate and distinct deductibles and deductibles for specific loss or damage as shown below. Page 3 of8 A{N off-Premises service Intemrption - Property Damage not to exceed $50,000 for voice, data, and video services Professional Fees Property Removed from a Location Protection and Preservation ofProperty - Property Damage not to exceed $250,000 for security costs Tax Treatment Tenants Legal Liability Terrorism coverage and the Supplemental United States certified Act ofTenorism EndorsementA. United States Certified Act of Tenorism coverageB. Tenorism Coverage for Locations Outside of the United States annual aggregate but not to exceed $100,000 annual aggregate for Property Removed from a Location, Unnamed Locations and Flood Transit not to exceed $250,000 for Business Interruption Unnamed Locations Valuable Papers and Records AfM The following deductible amounts shall apply per occurrence, unless otherwise stated, for insured loss or damage under this Policy: l. $100,000 Earthquake (per location for all coverages provided). 2. Flood (per occurrence for each location for all ooverages provided). A. $100,000 at each location Except: B. $500,000 at "Tier I Flood Prone Locations" per Section H. Special Terms and Conditions of Form S-1, applying separately to each location. 3. OffPremises Service Intemrption Waiting Period: A. Properly Damage: $50,000 B. Business Interruption Waiting Period: The Company will not be liable for business intemrption loss unless the period of liability exceeds 48 hours. Should the period of liability exceed this time period, the loss will be calculated beginning from the time of loss, and will not include this waiting period. 4. Data, Programs, or Software Deductible: In the event of loss or damage to Dat4 Programs, or Software insured by this Policy caused by the malicious introduction ofa machine code or instruction, no coverage is provided unless the period ofliability exceeds 48 hours beginning from the time of insured loss or damage. The company's liability commences only after, and does not include, the waiting period specified. If the period of liability exceeds 48 hours, the insured loss or damage will be calculated based upon the amount of such loss in excess of the waiting period, subject to a minimum deductible of $50,000 combined for all coverages. Any period in which business operations or services would have not been maintained, or any period in which goods would have not been produced will not be included as part of or serve to reduce the effect of any waiting period. 5. $1,000 Fine Arts, Valuable Papers. 6. $250,000 All Other Losses at Fort Gordon Water System. 7. $50,000 All Other Losses. H. SPECIAL TERMS ANT} CONUTIONS: l. PronertvExclusion PROPERTY EXCLUDED is amended to include: Personal Property, including Valuable Papers and Records, at the following locations: Appleby Branch, 2260 W alton Way, Augusta, G A, 30904-4302 Page 4 of8 Municipal Complex lPlanningl Zone Adult Probation House Magnolia Cemetery Carpentry Shop Riverfront Traffic & Engineering Field BluffLock & Dam May Park Eastview Park, Eastview Community Center Dyess Park OId Government House Police Dept/CourUGarage Boat House Communify Center Transfer Station Main Library (New 2010) Antique Mall Augusta Judicial Center Chamber of Commerce Convention Center/Tee Center / Reynolds Street Parking Deck Radisson Conference Center / Parking Deck Lift Stations (various locations) County Water System (various locations) 5. Actual Cash Value Valuation - PRO lE (4/15) LOSS ADruSTMENT AND SETTLEMENT, VALUATION, item l. is amendedto: l) Adjustment of physical loss to property will be determined based on the lesser of the following unless stated otherwise below or elsewhere in this Policy: a) The actual cash value; b) The cost to repair; c) The cost to rebuild or replace on the same site with new materials of like size, kind and quality; d) The cost to rebuild, repair or replace on the same or another site, but not to exceed the size and operating capacity that existed on the date ofloss. Applying to the following described location(s): 3405 Mike Padgett Highway (Old Savannah Road), Augusta, GA 2854 Pineview Road, Augusta, GA 1850 Broad Street, Augusta, GA 6. Notice of Cancellation/l{on-Renewal - PRO 53 (4/15) The time required by the Company for mailing or delivering notice of cancellation or non-renewal ofthis policy to thE FiTSt NAMCd INSUTEd AS ShOWN iN GENERAL CONDITIONS, CANCELLATIONAION-RENEWAL, iS extended from 60 days to 90, except the notice for non-payment ofpremium remains at ten (10) days. Page 6 of8 ,4{M 525 Telfair Street, Augusta, GA 30901-5867 40 1 Hale Street, Augusta, GA 30901 -2426 7023rd Street, Augusta, GA 30901-2594 1157 5th Street, August4 GA 30901-2420 5th & Reynolds, Augusta, GA 30901 328 Riverfront Drive, Augusta, GA 30901-1961 Lock & Dam Road, Augusta, GA 30906 4th St & Walton Way, Augusta, GA 30901 644 Aiken Street, Augusta, GA 30901-2068 902 James Brown Boulevard, Augusta, GA3090l-2924 432Telfair Street, Augusta, GA 30901-2452 9th Street & Reynolds Street, Augusta, GA 30901 Riverfront Drive, Augusta, GA 30901 Broad Sheet, Augusta, GA 30906 825 Telfair Street, Augusta, GA 30901-2209 Reynolds Street, Augusta, GA 30901-1429 735 James Brown Boulevard, Augusta, GA 30901 600 Broad Street, Augusta, GA 30901 901/902 Reynolds Street, Augusta, GA 30901 Two l0th Street, Augusta, GA,30901 ,4rfifi 7. United States Certified Act of Terrorism 2015 As respects the United States, its territories and possessions and the Commonwealth of Puerto Rico, the definition of terrorism contained in DEFINITIONS is declared null and void and it is agreed that an event defined as a Certified Act of Terrorism under the terms of the SUPPLEMENTAL UNITED STATES CERTIFIED ACT oF TERRORISM ENDORSEMENT attached to this policy shall be considered terrorism within the terms ofthis policy. Notwithstanding anything contained in this policy to the contrary, this policy provides coverage for direct physical loss or damage to insured property and any resulting Business Intemrption loss, as provided in the policy, caused by or resulting from a Certified Act of Terrorism only to the extent coverage is provided under the terms and conditions ofthe SUPPLEMENTAL UNITED STATES CERTIFIED ACT OF TERRORISM ENDORSEMENT attached to this policy. Any difference in limit between loss recoverable under the SUPPLEMENTAL UNITED STATES CERTIFIED ACT OF TERRORISM ENDORSEMENT and this policy is not recoverable under this policy. Page 7 of8 ,4rfi# Wallace Branch, 1237 Laney Walker Boulevard, Augusta, GA,3OgOl-2770 Friedman Library, 1447 Jackson Road, Augustas GA,30909-216g Main Library (New 2010), 825 Telfair Street, Augusta, GA, 30g}l_220gMain Library (old structure), 902 Greene Street, Augusta, GA, 30901 Maxwell Library,1927 Lumpkin Road, August4 GA, 30906 2. Pronertv Exclusion PROPERTY EXCLUDED is amended to include: Real and Personal Property at Fort Gordon, other than piping, pumps, equipment associated with the Fort GordonWater System. Transmission and Qistribution Svstems Exclusion - pRO 132 (04/15) PROPERTY EXCLUDED is amended to include: Transmission and distribution systems, including poles, towers and fixtures, overhead conductors and devices,underground or underwaterconduit, underground or underwater conductors and devices, line hansformers, service meters, street lighting and signal systems. This exclusion does not apply to underground piping for the Fort Gordon water System. Tier I Flood Pronq Locations Tier I Flood Prone Locations are as follows: Main Library 902 Greene Street, Augusta, GA 30901 Broad Street Park & Maintenance 1568 Broad street, Augusta, GA 30904 Municipal complex/Ir4unicipal Bldg/IT/Print shop 530 Greene sheet, Augusta, GA 30901 Dept of child & Family Services 520 Fenwick Street, Augusta, GA 30901 Fort Discovery/Parking Deck port Royal, Augusta, GA 3091I J. 4. Municipal Parking Garage Law Enforcement Center Sheriff Office Administration and Garage Waste Water Treatment Plant 9l I Emergency Center Polling Station #6 Engine Company #12 Engine Company #19 Engine Company #5 Engine Company #l Engine Company #3 Engine Company #l Fulcher Bldgs (004) Hyde Park Fulcher Bldgs (001 &002) Fulcher Bldgs (003) Marina Page 5 of8 850 Ellis Street, Augusta, GA 30901 401 Walton Way, August4 GA 30901 400 & 402 Walton Way, Augusta, GA 30901 1820 Doug Barnard Parkway, Augusta, GA 30906 91 I 4th Street, Augusta, GA 30901 -2406 4th & Watkins, August4 GA 30906 5098 Mike Padgett Highway, Augusta, GA 30906 635 Sand Bar Ferry Road, Augusta, GA 30901-1941 1920 Martin Luther King Jr, Augusta, GA 30901-4034 302 Watkins Street, Augusta, GA 30901-5805 1099 Reynolds Street, Augusta, GA 30901-1 105 #l Broad Street, Augusta, GA 30906 507 l/2 Telfair Street, Augusta, GA 30901 2020 Leona Stroet, Augusta, GA 30901-3838 520 Greene Street, Augusta, GA 30901-1404 505 Telfair Street, Augusta, GA 30901-2309 Riverfront, Augusta, GA 30901 A{NI I. INTltrv OF.I'ORMS: The following forms are made part ofthis policy: Tifle Form No. Edition Declarations Page pRO DEC 4lOO (04/tS) Declarations pRO S-l 4100 (04/15) All Risk Coverage pRO AR 4100 (04/15) Supplemental United States Certified Act of Terrorism 7312 (l/15)Endorsement Georgia State Amendatory Endorsement AFM23?6 (04/15) Total Premium including the United States Certified Act of Tenorism coverage: $405,000 Total Premium for the United States Certified Act of Tenorism: g12,000 If the option to purchase coverage for the United States Certified Act of Terrorism is elected, the Additional property Damage Coverage Sub-Limit for Terrorism Coverage part A. will be amended to A. $500,0d0,000 Engineering Fees: $ 15,000 Applicable stete taxes' surcharges and fees are not included in this proposat. Applicable state taxes, surchargesand fees will be added to the invoice. Any variations between this proposal letter and Affiliated FM forms versus yogr application are not provided. This proposal expires February 1,2016. Page 8 of8 POLICYHOLDER DISCLOSURE NOTICE OF TERRORISM INSURANCE COVERAGE Insured Name: Augusta Richmond County Date: 1219/2015 Account Number: 66650 Insurer Name: Affiliated FM Insurance Company The Terrorism Risk Insurance Act of 2002, as amended and extended in 2005, 2007 and again in 2015, gives you the right as part ofyour property insurance program to elect or reject insurance coverage for locations within the United States or any territory or possession of the United States for losses arising out of acts of terrorism, as defined and certified in accordance with the provisions of the act. YOU SHOULD KNOW THAT WHERE COVERAGE IS PROVIDED FOR LOSSES RESULTING FROM CERTIFIED ACTS OF TERRRORISM, SUCH LOSSES MAY BE PARTIALLY REIMBURSED BY THE UNITED STATES GOVERNMENT UNDER A FORMULA ESTABLISHED BY FEDERAL LAW. UNDER THIS FORMULA, THE UNITED STATES GOVERNMENT GENERALLY PAYS 85% (AND BEGINNING ON JANUARY 1, 2016, SHALL THEN DECREASE BY I PERCENTAGE POINT PER CALENDAR YEAR UNTIL EQUAL TO 80 PERCENT) OF COVERED TERRORISM LOSSES EXCEEDING A STATUTORILY ESTABLISHED DEDUCTIBLE PAID BY THE INSURER REFERENCED ABOVE. ALSO, THERE IS A $IOO,OOO,OOO,OOO CAP ON THE F'EDERAL AND INSURER SHARE OF LIABILITY STATING THAT IF THE AGGREGATE INSI]RED LOSSES EXCEED $1OO,OOO,OOO,OOO DURING ANY CALENDAR YEA& NEITHER THE UNITED STATES GOVERNMENT NOR AT{Y INSI]RER THAT HAS MET ITS INSURER DEDUCTIBLE SHALL MAKE PAYMENT OR BE LIABLE FOR AI{Y PORTION OF THE AMOUNT OF SUCH LOSSES THAT EXCEED $IOO,OOO,OOO,OOO. THE PREMIUM CHARGED FOR THIS COVERAGE IS PROVIDED BELOW AND DOES NOT INCLUDE ANY CHARGES FOR THE PORTION OF LOSS COVERED BY THE FEDERAL GOVERNMENT UNDER TI{E ACT. ACCEPTANCE OR REJECTION OF TERRORISM INSURANCE COVERAGE: UNDER FEDERAL LAW, YOU HAVE THE RIGHT TO ACCEPT OR REJECT THIS OFFER OF COVERAGE FOR TERRORIST ACTS COVERED BY THE ACT AS PART OF YOI.]R PROPERTY INSURANCE PROGRAM. IF WE DO NOT RECEIVE THIS SIGNED DISCLOSURE FORM PRIOR TO THE POLICY EFFECTIVEDATE OF February I,20I6,THENYOURPOLICY WIL REFLECTYOURDECISIONNOT TO PURCHASE THE TERRORISM COVERAGE PROVIDED BY THE ACT. I hereby elect to purchase coverage for terrorist acts covered by the act for an annual premium of USD $12,000. This premium does not include applicable taxes or surcharges. I hereby decline this offer ofcoverage forterrorist acts covered by the act. Policyholder/Applicant Signature Datc Policyholder/Applicant Name Edition January, 2015 Augusta Richmond County Marketing Summary Prepared by Dawson, Taylor & Company Coveroge & Premium Comparison Boiler & Machinery 5764,744,627 lncluded Affiliated FM Flood Flood Tier 1 Earthquake Terrorism Optional Flood s50,000 Deductible $764,744,627 S393,ooo Full Blanket S50,ooo,ooo !ncluded S5,ooo,o00 lncluded s100,000,000 lncluded with s100,000 deductible St2,ooo lncreased options available for Tier 1 Locations Travelers 5764,744,G27 Sqgs,tzl Limited Blanket Boiler & Machinery 5100,000,000 lncluded Flood SO Not Available Earthquake 550,000,000 lncluded Terrorism St0,00O NOTE: Earthquake Deductible S100,000 Augusta Richmond County Marketing Summary Prepared by Dawson, Taylor & Company Coveroge & Premium Comporison Ss0,000 Deductible Great American Boiler & Machinery Flood Flood Tier L Earthquake Terrorism Earthquake & Flood Deductible Firemans Fund Boiler & Machinery **Flood Flood Tier L Earthquake Terrorism **Earthquake & Flood Deductible Chubb Boiler & Machinery **Flood Flood Tier L Earthquake Terrorism Total Each Occurrence Sso3,t7o Blanket Included !ncluded Tier 1 Locations lncluded with S100,000 deductible S5,ooo Stoo,ooo 5+90,956 Limited Blanket lncluded Not available lncluded Sto,soo Stoo,ooo 5q'z,2t8 Blanket lncluded !ncluded Not Available Included S8,5oo s+00,000 Stoo,ooo $764,744,627 S25,ooo,ooo S25,ooo,ooo Sl,ooo,ooo Sz5,ooo,ooo SToo,ooo,ooo Sloo,ooo,ooo S5o,ooo,ooo So S5o,ooo,ooo 5764,744,627 Sloo,ooo,ooo S5o,ooo,ooo 5o 55o,ooo,ooo **Earthquake & Flood Deductible **Very Restrictive (No Tier I offered) Augusta Richmond County Marketing Declinations Prepared by Dawson, Taylor & Company 1,. Philadelphia Limit Too Large 2. Scinnerer/CNA No Market for Municipality - Pricing 3. Lexington (AlG) Excessive Rate (Non Admitted in Georgia) 4. Liberty Mutual No Market - waiting 5. Great American Declined due to Corp. of Engineers Determination 6. Chubb Declined due to Corp. of Engineers Determination 7. Alliant Declined due to Rates/Capacity 8. Hartford Declined due to Rates/Capacity Finance Committee Meeting 1/12/2016 1:10 PM Commerical Property Insurance Renewal 2016 Department:Finance/Risk Management Division Presenter:Joe Crozier Caption:Approve property insurance coverage for 2016 offered through Affiliated FM, current carrier, for a premium of $408,000 for full blanket coverage and limited flood coverage in flood prone areas. Background:Dawson & Taylor Insurance seeks annual quotes from the insurance market for “all risk” coverage on buildings and contents. Quotes are obtained from only carriers with an A or better rating. There were 5 companies which responded with quotes or declinations to quote. Affiliated FM was the low bidder and is providing greater coverage for the exposure. Current coverage carries a $50,000 deductible per occurrence except for flood and earthquake. Please see attachments for quote summary and list of declinations. Insurers providing coverage quotes were Affiliated FM Insurance, Travelers Insurance, Great American, Fireman’s Fund, and Chubb. Eight insurers either did not qualify or declined to quote coverage for various reasons. Analysis: Financial Impact:A premium for blanket coverage is being offered on total property values of $764,744,627, for $408,000 with a $50,000 deductible. With the additional property value increase (TIV), Total Insured Value, this equates to a premium reduction of approximately 6%, $26,000 from the 2015 premium. The quote from Affiliated FM, like last year included the change in flood coverage for properties located in flood plains, considered “Tier I”. Those properties are covered up to $5,000,000/occurrence with a $500,000 deductible. The change in flood coverage which occurred in 2012 was due to the action of the Corps of Engineers’ rating the levee as “unacceptable” in 2010. This rating not only affected county property but private property in flood prone areas as well. Alternatives:1. Drop coverage and retain risk, 2. Reduce premiums by only insuring those properties representing the largest losses should an event damage these structures (Municipal Building, Law Enforcement Center, Judicial Center, RCCI, etc.) Recommendation:Approve insurance coverage for 2016 through Affiliated FM for premium of $408,000 which includes flood coverage. Effective date of coverage is February 1, 2016 through February 1, 2017. Funds are Available in the Following Accounts: 611-01-5212 Risk Management General Insurance Account REVIEWED AND APPROVED BY: Finance. Law. Administrator. Clerk of Commission Finance Committee Meeting 1/12/2016 1:10 PM Minutes Department:Clerk of Commission Presenter: Caption:Motion to approve the minutes of the Finance Committee held on December 8, 2015. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: