Item - 2021.GL25.5
Tracking Status
- City Council adopted this item on October 1 and 4, 2021 without amendments and without debate.
- This item was considered by the General Government and Licensing Committee on September 15, 2021 and adopted without amendment. It will be considered by City Council on October 1 and 4, 2021.
GL25.5 - Award of Request for Proposal Number Doc 3029410232 to The Personal Insurance Company for a Group Home and Auto Insurance Program
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Wards:
- All
City Council Decision
City Council on October 1 and 4, 2021, adopted the following:
1. City Council authorize the Chief Financial Officer and Treasurer to negotiate and enter into an agreement with The Personal Insurance Company, being the highest scoring supplier meeting the requirements of Request for Proposal Number Doc 3029410232 for the provision of a Group Home and Auto Insurance Program to interested City employees, Council Members, employees of the City's agencies and corporations, and retirees on a voluntary basis, for a period of four and a half (4.5) years from October 4, 2021 to March 31, 2026 based on the terms and conditions set out in the Request for Proposal and in a form satisfactory to the City Solicitor.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2021/gl/bgrd/backgroundfile-170322.pdf
GL25.5 - Award of Request for Proposal Number Doc 3029410232 to The Personal Insurance Company for a Group Home and Auto Insurance Program
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Recommendations
The General Government and Licensing Committee recommends that:
1. City Council authorize the Chief Financial Officer and Treasurer to negotiate and enter into an agreement with The Personal Insurance Company, being the highest scoring supplier meeting the requirements of Request for Proposal Number Doc 3029410232 for the provision of a Group Home and Auto Insurance Program to interested City employees, Council Members, employees of the City's agencies and corporations, and retirees on a voluntary basis, for a period of four and a half (4.5) years from October 4, 2021 to March 31, 2026 based on the terms and conditions set out in the Request for Proposal and in a form satisfactory to the City Solicitor.
Origin
Summary
The purpose of this report is to advise on the results of Request for Proposals Number Doc 3029410232 for the provision of a Group Home and Auto Insurance Program to interested City employees, Council Members, employees of the City's agencies and corporations, and retirees on a voluntary basis. This report also requests authority to negotiate and enter into an agreement with the recommended supplier, The Personal Insurance Company, for a four and a half (4.5) year term. The agreement will provide revenues to the City to offset the costs of administering the program.
Background Information
https://www.toronto.ca/legdocs/mmis/2021/gl/bgrd/backgroundfile-170322.pdf