75-4125. Committee on surety bonds and insurance; negotiated contracts for insurance.

344 words·~2 min read·/ks/chapter-75/75-4125

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)The committee on surety bonds and insurance is hereby authorized to negotiate and enter into contracts with qualified insurers and sureties for the purpose of purchasing insurance, surety coverage and similar coverages, including the purchase of insurance, surety coverage and similar coverage for any state agency authorized by law to make such purchase, and the acquisition of consulting and other services necessary therefor. The committee shall advertise for proposals. If the committee receives at least three proposals, the committee shall negotiate with the parties submitting proposals and select the party to negotiate with for the purpose of entering into contracts. If less than three parties submit bids, then the committee shall readvertise for proposals. Upon receiving proposals in response to the second advertisement for proposals, the committee shall negotiate with the parties submitting proposals and select from those parties submitting proposals, the party to negotiate with for the purpose of entering into contracts regardless of the number of proposals received. The division of purchases shall:

(1)Maintain records of the requests for proposals;

(2)handle the receipt of proposals; and

(3)assist the committee in negotiating procedures and the award of contracts.

(b)The provisions of K.S.A. 75-4317 through 75-4320a , and amendments thereto, shall not apply to meetings of the committee when the committee meets solely for the purpose of discussing and preparing strategies for negotiations for such contracts.

(c)Contracts entered into pursuant to this section, shall not be subject to the provisions of K.S.A. 75-3738 to 75-3740 , inclusive, and amendments thereto. Such contracts may be for terms of not more than three years and may be renegotiated and renewed. All such contracts shall be subject to the limits of appropriations made or available therefor and subject to the provisions of appropriations acts relating thereto.

(d)The provisions of this section shall be a complete alternative to other procurement procedures available to the committee pursuant to law.

(e)This section shall take effect on and after July 1, 2004.