Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute a multi-year Agreement (awarded pursuant to RFP No. 3-2021) with Risk Management Services Co., for third party administrator for claims management services and claims adjustment handling services for workers' compensation, auto liability and physical damage, general liability, and property claims, at a cost estimated not to exceed $383,600 plus 20% of subrogation in FY2022. [Dept. of Law, Speckert]
Summary
Authorization to accept Risk Management Services Company ("RMSC") as the selected vendor for the services requested in RFP No. 3-2021 Third Party Administrator for Claims Management Services and Claims Adjustment Handling Services for Workers' Compensation, Auto Liability and Physical Damages, General Liability, and Property Claims and to enter into a multiyear (3 years with option to renew for 2 additional one-year periods) services Agreement with RMSC, at a cost not to exceed $383,600 for FY2022. (L0470-21) (Speckert)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes, Completed by Keith Horn, 05/03/2021
Risk Management: Yes, Mike Skidmore, 05/03/2021
Fully Budgeted Yes
Account Number: 6021-160906-0001-71299
This Fiscal Year Impact: FY 22 estimated not to exceed $383,600.00
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: FY22 MPB $659,200.00
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized and directed to execute the multi-year agreement (awarded pursuant to RFP No. 3-2021), which is attached hereto and incorporated herein by reference, with Risk Management Services Company, for third party administrator for claims management services and claims adjustment handling services for workers' compensation, auto liability and physical damage, general liabil...
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