HomeMy WebLinkAbout2008-303 -= JOflA1S EASTERN COMPANY, INC; r r �
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Claim Adjusters and Third Party Administrators a "�
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ADDENDUM NUMBER III
TO SERVICE CONTRACT FOR
AUTOMOBILE LIABILITY, GENERAL LIABILITY, PROPERTY AND
WORKERS ' COMPENSATION CLAIMS HANDLING
This is the Third Addendum to the Agreement entered into between Johns Eastern Company , Inc. ,
hereinafter called the SERVICE AGENT, and INDIAN RIVER BOARD OF COUNTY COMMISSIONERS ,
hereinafter called the EMPLOYER, dated the 24th day of October.
This Addendum affects the remuneration to be paid by the EMPLOYER to the SERVICE AGENT for
the handling of claims with a date of loss of October 1 , 2008 through September 30, 2009. All other terms of the
original Contract remain unchanged.
The remuneration to be paid to the SERVICE AGENT under this Agreement by the EMPLOYER for
workers ' compensation claims handling and safety services during the term of this Agreement shall be as follows :
5 . Compensation for the Service Agent : For performing its services under this Agreement, the Service Agent
shall be entitled to the following compensation :
a. Fees for workers ' compensation exposures whose dates of loss fall between October 1 , 2008 and
September 30, 2009 will be a minimum and deposit of $ 62, 350 . 00 . We will bill this minimum and
deposit in four quarterly installments of $ 15 ,587 . 50 , with the first payment due on October 1 , 2008 .
This fee contemplates handling 150 workers ' compensation exposures . If the number of exposures
exceeds 150 , then the fees will be $ 150 . 00 per medical only exposure and $995 . 00 per indemnity
exposure .
b . Fees for non - workers ' compensation exposures whose dates of loss fall between October 1 , 2008 and
September 30, 2009 will be a minimum and deposit of $ 13 ,400 . 00 . We will bill this minimum and
deposit in four quarterly installments of $ 3 , 350 . 00, with the first payment due upon program inception .
This fee contemplates handling 22 non- workers ' compensation exposures . if the number of exposures
exceeds 22 , then the fees will be :
General Liability/Bl $649 . 00/exposure
General Liability/PD $449 . 00/exposure
Law Enforcement/Prof Liab . $950 .00/exposure
Auto Liability/BI $ 649 . 00/exposure
Auto Liability/PD $449 . 00/exposure
Physical Damage $ 295 . 00/exposure
Errors & Omissions $ 950 . 00/exposure
Commercial Property $495 . 00/exposure
c . The Arthur J . Gallagher administration fee will be $5 , 000 . 00 covering October 1 . 2008 through September
30 , 2009 .
d. Information Services — Optional programs available . If selected by Employer, Service Agent will bill
accordingly .
• Online NOI (Pre-fill ) $ 1 , 000 . 00 , per year
• Adhoc Report Library $ 1 ,000. 00 Setup Fee ( one time charge )
$250 . 00 per login & password ( per year )
• Adhoc Query Studio $ 1 ,500. 00 Setup Fee ( one time charge )
$400 . 00 per login & password ( per year )
All other service fee terms and rates outlined in the original contract remain unchanged .
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