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Mayor's Memo—September 9, 2013..................................................................page 2 <br /> Transit staff and Scott Clark, Risk Manager, examined all of the pros <br /> and cons of these proposals. Staff determined that the Lancer <br /> Insurance/Admiral Insurance combined proposal meets all of the <br /> Transit System's requirements, and is the best proposal, and is the <br /> least expensive proposal. Staff finds that these insurance carriers are <br /> capable and competent to perform the work and would meet the needs <br /> of the Transit System. <br /> POTENTIAL No known objection. <br /> OBJECTION: <br /> INPUT FROM Scott Clark, Risk Manager <br /> OTHER SOURCES: Gregg Zientara, Finance Director <br /> Richard Foiles, General Manager DPTS <br /> STAFF REFERENCE: Paul McChancy, Mass Transit Administrator <br /> BUDGET/TIME The costs of liability insurance and claims handling services are <br /> IMPLICATIONS: included in the current budget. <br />