Board of Airport Commissioners

15. RESOLUTION NO. - Award of three (3)-year Contract to Alliant Insurance Services Inc.:\nWith two (2) one-year renewal options, covering insurance brokerage services of\ncomprehensive All-Risk Property Liability, General (Aviation) Liability, Cyber and Technical\nErrors and Omissions Liability, Excess Workers Comprehensive, Employment Practices\nLiability, and other insurance products for Los Angeles World Airports, for cost not to exceed\n$2,000,000\nPURPOSE: The purpose of the item is to seek Board of Airport Commissioners approval of the\nhttps://mail-attachment.googleusercontent.com/attachment/u/0/?ui=2&ik=e70a2d67c1&attid=0.1&permmsgid=msg-f:1757736153437473510&th=1864bbb7fa808… 10/14\n2/13/23, 1:16 PM https://mail-attachment.googleusercontent.com/attachment/u/0/?ui=2&ik=e70a2d67c1&attid=0.1&permmsgid=msg-f:1757736153437473510&t…\naward of a three (3)-year contract with two (2) one-year renewal options to Alliant Insurance\nServices Inc., a California licensed Broker of Record, to market and bind insurance coverages\nfor Los Angeles World Airports inclusive of All-Risk Property Liability, General (Aviation)\nLiability, Cyber and Technical Errors and Omissions Liability, Excess Workers Comprehensive,\nEmployment Practices Liability, and other insurance products that assist in proactively\nmanaging risk.\nRECOMMENDATIONS: Adoption of the Report requesting that the Board of Airport\nCommissioners determine that this action is exempt from the California Environmental Quality\nAct (CEQA) pursuant to Article II, Section 2.f of the Los Angeles City CEQA Guidelines; find\nthat the work can be performed more economically or feasibly by an independent contractor\nthan by City employees; approve Award of Contract to Alliant Insurance Services Inc.; and\nauthorize the Chief Executive Officer, or designee, to execute said Contract after approval as to\nform by the City Attorney and approval by the Los Angeles City Council. (Tatiana Starostina)\n15 report