12-14-1973 BidRt~1~T' S COMPENSATION INST~RANCB
id No. 73-11.
CI`~5' O`f' RTGH~'::~D
Bid Opening
December 14, 1973
Pursuant to requirements of Resolution No. 1015, a meeting of the admin~,strative staff
was called to.-order by Cary Eide, Acting City Manager, ~?~o announded that the gurpose
~f the meeting was to receive, opea~, and read aloud, sealed bids on W~rr'~cmen° s Ccr~peg~-
sation Tnsurance, as advertised in the officis.l newspaper on N®vember 15, 1973.
presen~to Gaxy Bide, Acting City Ms.nager
Tom Moran, City Clerlc
Peter Eberz, Public Words Director
Richard IZrier, Planning Director
The following bids were submitted and read aloudo
Total Standard -
P~~em:~um, Tnc, Less Estimated
Experience Modim Premium Guaranteed' Estimated Net
Insurance Company and fication of Di~~r~~nt Cost Dividend Premium
Bid Securit 1.11°l0 ~- -
sco Ins, Co.
Teefy & Assoc., Tnc.,Agent
B. B. - 5°l. 72,662 10,322 62,340 0 62,34.0
Employer Tnsurance of Wausau
Eugene Lotts, Rep.
C. C. - $4,000 72,662 4,214 68,448 10,267 5881$1
The Home~Tnsurance Company
Marsb. & McT,ennan, Inc. , Ager.t -
B. B, - 5% ~ 72,~i62 10,322 62,340 0 ~ - 6234®
'Federated Tnsurance ~_ .
Norman Neal, Rep. ~
C. C, - $3,592 72,662 10,22 62,340 10,597 51,743
Liberty Mutual Tnsurance Company
C. G. - $4,194 72,662 4,214 68,448 10.,26! 58,181 m~
Century Tnsurance Company
DeWayne R, Mickle, Agent
`
C. C. o $2,815 72,662 .9,1.86 63,4.76 0 63,476
Towa National Mutual Insurance
Traff and Associates, Inc,,
~
B. B. - 5% Agent 72,62 10,322 62,340 0 62,340
ted Pacific Tnsurance Company
Traff and Associates, Tnc. Agt.
B. B. - 5°/0 ~ 72,662 10,322 62,340 0 62,3?~~
The acting manager annoaxnced t~±at the bids would be tab~late~,~and ~;ons~.dered at the regaa.lar coun.~:i1
meeting on Wednesday, December 26, 1973. ~-dcw7?r~°-~~ /~2~-f~G"~'~.
Thomas J. Moran C'~.ty Clem