2020-078A - Laserfiche WebLink

Home Browse Search

Agreement THIS AGREEMENT ("Agreement") is made and entered into by and between: INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS, a political subdivision of the State of Florida (hereinafter, "COUNTY,") and Arthur J. Gallagher Risk Management Services, Inc. (hereinafter, "BROKER"). WHEREAS, COUNTY issued a Request for Proposals and addenda, identified as RFP 2020014 (hereinafter collectively "RFP"), which is incorporated by reference herein, for the purpose of receiving submittals for Property and Casualty Insurance Broker Services; and WHEREAS, BROKER offered a response to RFP 2020014 (hereinafter "Proposal") and subsequent Request for Submittals for Insurance Coverages (hereinafter "RFS"), which are incorporated by reference herein; and WHEREAS, subsequent to receipt of the Submittal and Proposal by COUNTY, COUNTY and BROKER (hereinafter "the Parties") entered into negotiations, which were memorialized by correspondence or other documents (hereinafter collectively "Negotiations"), which are incorporated by reference herein; and WHEREAS, BROKER desires to provide and COUNTY desires to receive Property and Casualty Insurance Broker Services as described under the terms and conditions of this Agreement. NOW, THEREFORE, IN CONSIDERATION of mutual covenants and conditions set forth herein, the parties agree as follows: ARTICLE 1— RECITALS 1.1 Recitals. The Parties agree that the foregoing recitals are true and correct and that such recitals are incorporated herein by reference. ARTICLE 2 —TERM OF AGREEMENT 2.1 Term of Agreement. This Agreement is effective as of 12:01 a.m., May 1, 2020 and will continue until 12:01 a.m., May 1, 2021. The term of the AGREEMENT may, by mutual agreement by COUNTY and BROKER, be extended for up to three additional one-year periods. ARTICLE 3 - COMPENSATION OF BROKER See Attachment B. ARTICLE 4 — GENERAL CONDITIONS 4.1 Scope of Services. See Attachment A. 4.2 Notice of Termination or Adverse Change.