12-27-1976 BidCITY OF RICHFIELD
Bid Opening
December 27, 1976
Workmen's Compensation Insurance
Pursuant to requirements of Resolution No. 1015, a meeting of the Admin-
istrative.staff was called by Wayne S. Burggraaff, City Manager, who
announced.th:at the purpose of the meeting was to receive, open and read
aloud, sealed bids on Workmexi!s Compensation Insurance as .advertised in
th.e official newspaper on November 24, 197b.
Present: Wayne S. Burggraaff, City Manager
Joyce Wilde, Administrative Assistant
Richard Krieg, Planning Director
James Lacina, Personnel Director
Frank Boyles, Administrative Aide
Don Fondrick, Parks & Recreation Director
Tom Morgan, Public Safety Director
Marianne Price, Deputy Clerk
The following bid was submitted and read aloud:
Total Estimated Premium
Premium Less Ems- Discount
perience Mod Less at Time Premium
Bidder ification Less Prem. Total Net Ratio of In-~ :Discount
Bid Security Base Bid Alternate A Discount Premium Dividend voicing.•Guaranteed
Casey & Casey Inc. 3010 $25,966
$5~000,Bond 40% $18,586
U. S. Fidelity 501..$11,176
& Guarantee No Bid' $121,475 $17,857 $103,618 60% $ 3,766 Yes Yes
The-City Manager announced that the bid would be tabulated and considered
at the regular council meeting of December 27, 1976.
Thomas J. xan City Clerk