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CONSENT AGENDA <br />Indian River County <br />Interoffice Memorandum <br />Office of Management and Budget <br />To: Members of the Board of County Commissioners <br />Thru: John A. Titkanich, Jr., County Administrator <br />Kristin Daniels, Office of Management & Budget Director <br />Date: September 26, 2023 <br />From: Cynthia Stanton, Risk Manager <br />Subject: Third Party Claims Administration Agreement with Johns Eastern Co. <br />Funding Allocation for Fiscal Year 2023/24 <br />Description and Conditions <br />The County's self-insurance program relies upon the services of a third -party claims administrator to <br />analyze and process workers' compensation and third -party liability claims made against the County in <br />accordance with State and Federal guidelines. Since February 2005 Johns Eastern Company, Inc. (JEC), a <br />leading firm in their industry, has consistently provided outstanding services and their longevity with the <br />County brings both stability and historic knowledge to the County's self-insurance program. <br />The current agreement began on October 1, 2019 and expired on September 30, 2022. On October 1, <br />2022, the agreement was extended for the first of two (2) optional additional single year terms. The <br />proposed second, and final, extension agreement will continue with prior terms and conditions and <br />includes a five (5) percent cost increase of $11,941 for a total annual cost of $250,752 for Fiscal Year <br />2023/2024 and expiring on September 30, 2024. This is the last extension provided under the October <br />1, 2019 agreement which provides a detailed scope of services and performance standards. <br />Funding <br />Funding for claims administration services, in the amount of $250,752 for Fiscal Year 2023/2024, is <br />provided by the Self Insurance Fund/Risk Management/Other Professional Services account, number <br />50224613-033190. <br />Account Description Account Number Amount <br />Self Insurance Fund/Risk Management/Other Professional Services I 50224613-033190 $250,752 <br />Recommendation <br />Staff recommends the Board authorize the Chair to execute the extension agreement after review and <br />approval by the County Attorney's Office with an annual renewal cost of $250,752. <br />Attachment <br />JEC Extension Agreement FY24 <br />