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2005-074
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2005-074
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Last modified
7/11/2016 1:24:45 PM
Creation date
10/1/2015 1:22:16 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
02/22/2005
Control Number
2005-074
Agenda Item Number
11.G.1
Entity Name
Johns Eastern Company
Subject
Service Contract Multiple lines claims handling
Risk Management
Archived Roll/Disk#
4000
Supplemental fields
SmeadsoftID
8677
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This fee contemplates handling 150 workers ' compensation exposures . If the <br /> number of exposures exceeds 150 , then the fees will be $ 150 . 00 per medical only <br /> exposure and $ 995 . 00 per indemnity exposure . <br /> b . Fees for workers ' compensation exposures whose dates of loss fall between <br /> January 1 , 2006 and September 30 , 2006 will be a minimum and deposit of <br /> $46 , 763 . 50 . We will bill this minimum and deposit in three quarterly installments <br /> of $ 15 , 587 . 50 , with the first payment due upon program inception . <br /> This fee contemplates handling 112 workers ' compensation exposures . If the <br /> number of exposures exceeds 112 , then the fees will be $ 150 . 00 per medical only <br /> exposure and $ 995 . 00 per indemnity exposure . <br /> C . Fees for non -workers ' compensation exposures whose dates of loss fall between <br /> January 1 , 2005 and December 31 , 2005 will be a minimum and deposit of <br /> $ 13 , 400 . 00 . We will bill this minimum and deposit in four quarterly installments <br /> of $ 3 , 350 . 00 , with the first payment due upon program inception . <br /> This fee contemplates handling 22 non-workers ' compensation exposures . If the <br /> number of exposures exceeds 22 , then the fees will be : <br /> General Liability/BI $ 649 . 00/exposure <br /> General Liability/PD $449 . 00/exposure <br /> Law Enforcement/Prof Liab . $ 950 . 00/exposure <br /> Auto Liability/BI $ 649 . 00/exposure <br /> Auto Liability/PD $449 . 00/exposure <br /> Physical Damage $ 295 . 00/exposure <br /> Errors & Omissions $ 950 . 00/exposure <br /> Commercial Property $495 . 00/exposure <br /> d . Fees for non-workers ' compensation exposures whose dates of loss fall between <br /> January 1 , 2006 and September 30 , 2006 will be a minimum and deposit of <br /> $ 10 , 050 . 00 . We will bill this minimum and deposit in three quarterly installments <br /> of $ 3 , 350 . 00 , with the first payment due upon program inception . <br /> This fee contemplates handling 16 non-workers ' compensation exposures . If the <br /> number of exposures exceeds 16 , then the fees will be : <br /> General Liability/BI $ 649 . 00/exposure <br /> General Liability/PD $449 . 00/exposure <br /> Law Enforcement/Prof Liab . $ 950 . 00/exposure <br /> Auto Liability/Bl $ 649 . 00/exposure <br /> Auto Liability/PD $449 . 00/exposure <br /> Physical Damage $ 295 . 00/exposure <br /> Errors & Omissions $ 950 . 00/exposure <br /> Commercial Property $495 . 00/exposure <br /> e . The Service Agent will assume the "tail " claims at a rate of $400 . 00 per lost time <br /> and medical only claims . The non-workers ' compensation claims will be billed at <br /> 50 % of the amounts listed above . <br /> f. The Arthur J . Gallagher administration fee will be $ 5 , 000 . 00 covering January 1 , <br /> 2005 — December 31 , 2005 . The administration fee for January 1 , 2005 — <br /> September 30 , 2006 will be $ 3 , 750 . 00 . <br />
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