Culver City

City Council

September 23, 2024 Consent Item #7

Agenda Item 7

C-7. 25-230 CC - CONSENT ITEM: (1) RATIFICATION OF ANNUAL\nINSURANCE POLICY RENEWALS FOR THE CITY’S\nINSURANCE PORTFOLIO FOR FISCAL YEAR 2024 - 2025\nWITH A PREMIUM OF APPROXIMATELY $4,352,142.84\nAS PRESENTED BY CITY’S INSURANCE BROKER AON\nRISK INSURANCE SERVICES WEST, INC. (AON); (2)\nWAIVER OF COMPETITIVE BIDDING PROCEDURES\nPURSUANT TO CULVER CITY MUNICIPAL CODE\nSECTION 3.07.075.F.3; AND (3) AMENDMENT TO\nEXISTING PROFESSIONAL SERVICES AGREEMENT\nWITH AON TO CONTINUE PROVIDING BROKER\nSERVICES FOR THE CITY’S INSURANCE PROGRAMS\nTHROUGH DECEMBER 31, 2024.