TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA, City Manager
TITLE: Annual Security Complete Limited Warranty Agreement for the Provision of Insurance Coverage in the Event of a Security Incident.
Recommended Action
Approve the Annual Security Complete Limited Warranty Agreement for the Provision of Insurance Coverage in the Event of a Security Incident.
Background Information
The Annual Security Complete is a security tool that has been installed on City devices. The Annual Security Complete Limited Warranty Agreement is a limited warranty should the City experience a security incident in the future. In such an event, the security company will reimburse the City for expenses that directly result from that security incident up to a maximum amount not to exceed the cap set forth in the table below:
|
Customer’s licensed Endpoint quantity for its Security Subscription that corresponds to the Warranty Period |
“Cap” for the Warranty Period (USD)* |
|
Up to 4,999 |
$100,000 |
|
5,000 - 10,000 |
$500,000 |
|
10,001 and above |
$1,000,000 |
The Annual Security Complete Limited Warranty Agreement has been reviewed by the Interim City Attorney and is legally correct as to form. In addition, the Annual Security Complete Limited Warranty Agreement for the Provision of Insurance Coverage in the Event of a Security Incident has been reviewed and approved by the Risk and Benefits Manager, Human Resources Department.
Strategic Plan
Good Governance
Financial Impact
Not applicable.
Procurement
Not applicable.
Attachments:
1. Exempt from public records pursuant to Florida Statutes Section 119.0725.
Prepared by: Eric Ryan, Information Technology Manager
Vicki Edwards, Senior Business Administrator
Department Director: Juliana B. Bellia, Assistant City Manager