§ 2-226. Purchase of property and casualty insurance and fidelity and surety bonds.  


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  • (a)

    The purchase of all types of property and casualty insurance coverage and/or fidelity and surety bonds required by the county government or any of its officials shall be through the sealed bid process, or negotiation with the present carrier.

    (b)

    A renewal of insurance or bond coverage through negotiations with a present carrier shall not exceed three years, without competitive bidding.

    (c)

    The Shelby County Government Purchasing Rules and Regulations are hereby amended by excluding the purchase of property and casualty insurance from the competitive bid process so long as the following conditions are met:

    (1)

    The County will solicit a request for proposals and will publish notice in a local newspaper of general circulation in the county; and

    (2)

    The requirements for the selection of the low and best proposal and for the approval and execution of contracts shall remain unchanged and shall be applicable to the purchase of property and casualty insurance.

(Code 1992, § 2-69; Ord. No. 35, 11-21-1988; Ord. No. 129, 10-18-1993; Ord. No. 388, exh. A, 2-22-2010)